METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Company Registration Number:
08517686 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Company Information

for the Period Ended 31 May 2023




Director: Emmanuel Mettle
Secretary: Veronique Mettle
Registered office: 6
Frigate Mews
London
SE8 3HZ
Company Registration Number: 08517686 (England and Wales)

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

The principal activities of the company are the provision of relevant professional services, mainly to carry on activities to provide accounting, bookkeeping and tax consultancy services. The company is limited by shares, incorporated on 7 May 2013

Additional information

Business review This year is the tenth trading and financial year of the company. Potential negative trends impacting accountancy industry growth include challenges to operate; global economy picture remains volatile, poor economic conditions, clients’ business closures, redundancies, clients demanding more competitive rates on fees and economic factors such as Brexit, the longevity of the downturn.

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Emmanuel Mettle

Secretary
Veronique Mettle

This report was approved by the board of directors on 10 February 2024
And Signed On Behalf Of The Board By:

Name: Emmanuel Mettle
Status: Director

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 4,236 4,224
Cost of sales ( 388 ) ( 410 )
Gross Profit or (Loss) 3,848 3,814
Administrative Expenses ( 3,836 ) ( 3,803 )
Operating Profit or (Loss) 12 11
Profit or (Loss) Before Tax 12 11
Tax on Profit ( 2 ) ( 2 )
Profit or (Loss) for Period 10 9

The notes form part of these financial statements

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 134 130
Total fixed assets: 134 130
Current assets
Debtors: 5 1,190 709
Cash at bank and in hand: 197 206
Total current assets: 1,387 915
Creditors: amounts falling due within one year: 6 ( 975 ) ( 509 )
Net current assets (liabilities): 412 406
Total assets less current liabilities: 546 536
Total net assets (liabilities): 546 536

The notes form part of these financial statements

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 446 436
Shareholders funds: 546 536

For the year ending 31 May 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 February 2024
And Signed On Behalf Of The Board By:

Name: Emmanuel Mettle
Status: Director

The notes form part of these financial statements

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents sales (excluding VAT and similar taxes) of goods and services, net of discounts, provided in the normal course of business and recognized when services have been rendered.

    The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

    Equipment - 20% straight line
    Fixtures and fittings - 20% straight line

    Other accounting policies

    Financial commitments At 31 May 2023 the company was committed to making rents payments in accordance with the rent agreement

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 June 2022 2,825 2,755 5,580
Additions 700 700 1,400
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2023 3,525 3,455 6,980
Depreciation
At 01 June 2022 2,788 2,662 5,450
Charge for year 705 691 1,396
On disposals - - -
Other adjustments - - -
At 31 May 2023 3,493 3,353 6,846
Net book value
At 31 May 2023 32 102 134
At 31 May 2022 37 93 130

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Trade debtors 1,190 709
Total 1,190 709

METTLE ACCOUNTANCY AND BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 975 509
Total 975 509