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Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MPower Partnership LLP

MPower Partnership LLP (Registered number: OC321178)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MPower Partnership LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: Mr S J Theobald
Mr I K Leeper
Mr M Carroll
Loveless Holding AB





REGISTERED OFFICE: 8-10 South Street
Epsom
Surrey
KT18 7PF





REGISTERED NUMBER: OC321178 (England and Wales)





ACCOUNTANTS: Williams & Co Epsom LLP
Chartered Accountants
8-10 South Street
Epsom
Surrey
KT18 7PF

MPower Partnership LLP (Registered number: OC321178)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,315 315

CURRENT ASSETS
Debtors 5 9,269 12,214
Cash at bank 3,752 1,228
13,021 13,442
CREDITORS
Amounts falling due within one year 6 16,336 13,757
NET CURRENT LIABILITIES (3,315 ) (315 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members 5 (8,714 ) (11,776 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 18 August 2025 and were signed by:





Mr S J Theobald - Designated member

MPower Partnership LLP (Registered number: OC321178)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

MPower Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 3 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2024 315
Additions 3,000
At 31 March 2025 3,315
NET BOOK VALUE
At 31 March 2025 3,315
At 31 March 2024 315

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings 288 288
Amounts due from members 8,714 11,776
VAT 194 150
Prepayments 73 -
9,269 12,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 160 81
Accrued expenses 16,176 13,676
16,336 13,757

7. ULTIMATE CONTROLLING PARTY

There is no controlling party.