REGISTERED NUMBER: OC374100 (England and Wales)

E3 Employment Law LLP

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

NA Jones

SD Ost

REGISTERED OFFICE:

Delphian House

Riverside

New Bailey Street

Manchester

M3 5FS

REGISTERED NUMBER:

OC374100 (England and Wales)

ACCOUNTANTS:

McMillan & Co LLP

Chartered Accountants

28 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

FIXED ASSETS

Tangible assets

4

2,872

4,743

CURRENT ASSETS

Debtors

5

130,249

200,128

Cash at bank

175,164

74,505

305,413

274,633

CREDITORS

Amounts falling due within one year

6

82,144

54,697

NET CURRENT ASSETS

223,269

219,936

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

226,141

224,679

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

211,141

209,679

MEMBERS' OTHER INTERESTS

Capital accounts

15,000

15,000

226,141

224,679

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

211,141

209,679

Members' other interests

15,000

15,000

226,141

224,679

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 11 September 2025 and were signed by:

SD Ost - Designated member

1.	STATUTORY INFORMATION

E3 Employment Law LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The amounts in the financial statements have been rounded to the nearest £1.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised, in respect of contracts where the LLP's contractual obligations are performed gradually over time, as contract activity progresses to reflect the LLP's partial performance of its contractual obligations. The amount of revenue reflects the accrual of the right to consideration as contract activity progresses by reference to value of the work performed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

41,763

Additions

890

At 31 March 2025

42,653

DEPRECIATION

At 1 April 2024

37,020

Charge for year

2,761

At 31 March 2025

39,781

NET BOOK VALUE

At 31 March 2025

2,872

At 31 March 2024

4,743

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

87,262

129,015

Amounts recoverable on contract

31,097

45,991

Prepayments

11,890

25,122

130,249

200,128

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,965

4,543

Taxation and social security

41,651

28,416

Other creditors

32,528

21,738

82,144

54,697

7.	LEASING AGREEMENTS

At the balance sheet date, total commitments under non cancellable operating leases were £3,736 (2024: £13,689).

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

211,141

209,679

Falling due within one year

211,141

209,679

The LLP in financed through a combination of members' capital, undistributed profits and working capital retentions.

In the event of winding up, amounts in "Loans and other debts due to members' would rank pari passu to other creditors who are unsecured. The protection afforded to creditors in such event which is legally enforceable and cannot be revoked solely by a decision of the members is that provided by the Insolvency Act.

There are no restrictions or limitations existing on the ability of the members to reduce the amount of "Members' other interests."