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Company Registration No. 13894741 (England and Wales)
Metalytics Limited Unaudited accounts for the year ended 29 February 2024
Metalytics Limited Unaudited accounts Contents
Page
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Metalytics Limited Company Information for the year ended 29 February 2024
Director
Mr Gaurav Tiwari
Company Number
13894741 (England and Wales)
Registered Office
FLAT 10 ANTILLES BAY APARTMENTS 3 LAWN HOUSE CLOSE LONDON E14 9YG ENGLAND
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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Metalytics Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,220 
2,783 
Current assets
Debtors
- 
423 
Cash at bank and in hand
470 
6,003 
470 
6,426 
Creditors: amounts falling due within one year
(1,696)
(5,469)
Net current (liabilities)/assets
(1,226)
957 
Net assets
1,994 
3,740 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,993 
3,739 
Shareholders' funds
1,994 
3,740 
For the year ending 29 February 2024 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 director acknowledges his 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 and authorised for issue on 5 April 2024 and were signed on its behalf by
Mr Gaurav Tiwari Director Company Registration No. 13894741
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Metalytics Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Metalytics Limited is a private company, limited by shares, registered in England and Wales, registration number 13894741. The registered office is FLAT 10 ANTILLES BAY APARTMENTS, 3 LAWN HOUSE CLOSE, LONDON, E14 9YG, ENGLAND.
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 year, 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:
Plant & machinery
25% reduced balance method
Fixtures & fittings
25% reduced balance method
Computer equipment
33% straigh line method
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
1,889 
150 
1,670 
3,709 
Additions
1,399 
- 
- 
1,399 
At 29 February 2024
3,288 
150 
1,670 
5,108 
Depreciation
At 1 March 2023
472 
37 
417 
926 
Charge for the year
383 
28 
551 
962 
At 29 February 2024
855 
65 
968 
1,888 
Net book value
At 29 February 2024
2,433 
85 
702 
3,220 
At 28 February 2023
1,417 
113 
1,253 
2,783 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
423 
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Metalytics Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
438 
Loans from directors
796 
4,131 
Accruals
900 
900 
1,696 
5,469 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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