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Company Registration No. 11113080 (England and Wales)
Metis Law Limited Unaudited accounts for the period from 1 September 2021 to 31 October 2021
Metis Law Limited Unaudited accounts Contents
Page
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Metis Law Limited Company Information for the period from 1 September 2021 to 31 October 2021
Directors
R K Sharma J M Barker
Company Number
11113080 (England and Wales)
Registered Office
84 Albion Street Leeds LS1 6AD
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Metis Law Limited Statement of financial position as at 31 October 2021
31/10/2021 
31/08/2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
390,000 
400,000 
Tangible assets
71,651 
76,764 
461,651 
476,764 
Current assets
Debtors
91,356 
467,096 
Cash at bank and in hand
368,751 
643,962 
460,107 
1,111,058 
Creditors: amounts falling due within one year
(877,647)
(853,900)
Net current (liabilities)/assets
(417,540)
257,158 
Total assets less current liabilities
44,111 
733,922 
Creditors: amounts falling due after more than one year
(491,206)
(514,058)
Provisions for liabilities
Other provisions
(17,000)
(19,500)
Net (liabilities)/assets
(464,095)
200,364 
Capital and reserves
Called up share capital
2 
2 
Capital redemption reserve
7 
7 
Profit and loss account
(464,104)
200,355 
Shareholders' funds
(464,095)
200,364 
For the period ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by
R K Sharma Director Company Registration No. 11113080
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Metis Law Limited Notes to the Accounts for the period from 1 September 2021 to 31 October 2021
1
Statutory information
Metis Law Limited is a private company, limited by shares, registered in England and Wales, registration number 11113080. The registered office is 84 Albion Street, Leeds, LS1 6AD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2021
600,000 
At 31 October 2021
600,000 
Amortisation
At 1 September 2021
200,000 
Charge for the period
10,000 
At 31 October 2021
210,000 
Net book value
At 31 October 2021
390,000 
At 31 August 2021
400,000 
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Metis Law Limited Notes to the Accounts for the period from 1 September 2021 to 31 October 2021
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2021
117,800 
8,164 
125,964 
At 31 October 2021
117,800 
8,164 
125,964 
Depreciation
At 1 September 2021
45,882 
3,318 
49,200 
Charge for the period
4,908 
205 
5,113 
At 31 October 2021
50,790 
3,523 
54,313 
Net book value
At 31 October 2021
67,010 
4,641 
71,651 
At 31 August 2021
71,918 
4,846 
76,764 
6
Debtors
31/10/2021 
31/08/2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
62,440 
192,960 
Accrued income and prepayments
21,858 
30,862 
Other debtors
7,058 
243,274 
91,356 
467,096 
7
Creditors: amounts falling due within one year
31/10/2021 
31/08/2021 
£ 
£ 
Bank loans and overdrafts
160,908 
197,836 
Obligations under finance leases and hire purchase contracts
19,678 
19,678 
Trade creditors
849 
11,031 
Taxes and social security
143,862 
274,110 
Other creditors
319,386 
84,386 
Accruals
232,964 
266,859 
877,647 
853,900 
8
Creditors: amounts falling due after more than one year
31/10/2021 
31/08/2021 
£ 
£ 
Bank loans
434,910 
451,289 
Obligations under finance leases and hire purchase contracts
56,296 
59,576 
Other creditors
- 
3,193 
491,206 
514,058 
9
Average number of employees
During the period the average number of employees was 14 (31/08/2021: 19).
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