| MEL7 & CO LLP |
| Registered number: |
OC419644 |
| Balance Sheet |
| as at 31 October 2025 |
| Notes |
|
2025 |
|
2024 |
| £ |
£ |
| Current assets |
|
|
|
|
|
| Cash at bank and in hand |
|
|
9,307 |
|
6,860 |
|
| Creditors: amounts falling due within one year |
3 |
|
(1,073) |
|
(1,080) |
|
| Net current assets |
|
|
8,234 |
|
5,780 |
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
8,234 |
|
5,780 |
|
|
|
| Net assets attributable to members |
8,234 |
|
5,780 |
|
|
|
|
|
|
| Represented by: |
|
|
|
|
|
|
| Members' other interests |
| Members' capital classified as equity |
|
|
3,127 |
|
3,036 |
| Other reserves |
|
|
5,107 |
|
2,744 |
|
|
|
8,234 |
|
5,780 |
|
|
|
|
|
|
|
|
|
8,234 |
|
5,780 |
|
|
|
|
|
|
| Total members' interests |
| Members' other interests |
|
|
8,234 |
|
5,780 |
|
|
|
|
8,234 |
|
5,780 |
|
|
|
|
|
|
| For the year ended 31 October 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs). |
| The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| These accounts were approved by the members on 31 July 2026 and signed on their behalf by: |
|
|
| Matt Traverso |
| Designated member |
|
| MEL7 & CO LLP |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
| 1 |
Accounting policies |
|
|
Division of profits |
|
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the LLP |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Accruals |
1,073 |
|
1,080 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Other information |
|
|
MEL7 & CO LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
Unit 10-11 Innovation Place |
|
Douglas Drive |
|
Godalming |
|
England |
|
GU7 1JX |