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REGISTERED NUMBER: 10903286 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Meta Eagle Limited

Meta Eagle Limited (Registered number: 10903286)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Meta Eagle Limited (Registered number: 10903286)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,014 7,332

CURRENT ASSETS
Stocks 12,052 12,019
Debtors 5 17,594 22,268
Cash at bank 9,388 12,630
39,034 46,917
CREDITORS
Amounts falling due within one
year

6

29,311

35,016
NET CURRENT ASSETS 9,723 11,901
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,737

19,233

CREDITORS
Amounts falling due after more
than one year

7

(31,535

)

(29,200

)

PROVISIONS FOR LIABILITIES (1,333 ) (1,393 )
NET LIABILITIES (16,131 ) (11,360 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (16,231 ) (11,460 )
SHAREHOLDERS' FUNDS (16,131 ) (11,360 )

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

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

The director acknowledges his 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.

Meta Eagle Limited (Registered number: 10903286)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2024 and were signed by:





L A Robinson - Director


Meta Eagle Limited (Registered number: 10903286)

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

1. STATUTORY INFORMATION

Meta Eagle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10903286

Registered office: Studio 5, 50-54 St Pauls Square
Birmingham
B3 1QS

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 - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 3 (2022 - 3 ) .

Meta Eagle Limited (Registered number: 10903286)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 11,456
Additions 1,532
At 31 August 2023 12,988
DEPRECIATION
At 1 September 2022 4,124
Charge for year 1,850
At 31 August 2023 5,974
NET BOOK VALUE
At 31 August 2023 7,014
At 31 August 2022 7,332

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 16,032 20,623
Other debtors 1,562 1,645
17,594 22,268

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 10,800 11,931
Trade creditors 12,417 9,557
Taxation and social security 4,939 2,716
Other creditors 1,155 10,812
29,311 35,016

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 24,631 29,200
Other creditors 6,904 -
31,535 29,200