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REGISTERED NUMBER: 09575949 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Metis Real Estate Advisors Limited

Metis Real Estate Advisors Limited (Registered number: 09575949)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Metis Real Estate Advisors Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: J Mills
D J Davies
J P Jones
S Tregenza





REGISTERED OFFICE: 145a Ashley Road
Hale
Cheshire
WA14 2UW





REGISTERED NUMBER: 09575949 (England and Wales)





ACCOUNTANTS: Beauchamp Charles Chartered Accountants
145a Ashley Road
Hale
Altrincham
Cheshire
WA14 2UW

Metis Real Estate Advisors Limited (Registered number: 09575949)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,537 11,098

CURRENT ASSETS
Debtors 5 1,152,513 1,137,299
Cash at bank and in hand 1,349,618 1,097,903
2,502,131 2,235,202
CREDITORS
Amounts falling due within one year 6 2,254,885 1,782,611
NET CURRENT ASSETS 247,246 452,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,783

463,689

CREDITORS
Amounts falling due after more than one
year

7

213,795

408,349
NET ASSETS 53,988 55,340

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings 53,884 55,236
SHAREHOLDERS' FUNDS 53,988 55,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

Metis Real Estate Advisors Limited (Registered number: 09575949)

Balance Sheet - continued
31 May 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by:




J Mills - Director J P Jones - Director




D J Davies - Director S Tregenza - Director


Metis Real Estate Advisors Limited (Registered number: 09575949)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Metis Real Estate Advisors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

Metis Real Estate Advisors Limited (Registered number: 09575949)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 42,607
Additions 16,068
At 31 May 2023 58,675
DEPRECIATION
At 1 June 2022 31,509
Charge for year 6,629
At 31 May 2023 38,138
NET BOOK VALUE
At 31 May 2023 20,537
At 31 May 2022 11,098

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 913,317 1,110,569
Other debtors 239,196 26,730
1,152,513 1,137,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 96,600 -
Trade creditors 1,365,847 1,023,986
Taxation and social security 37,819 79,859
Other creditors 754,619 678,766
2,254,885 1,782,611

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 213,795 408,349