Company Registration No. 03868646 (England and Wales)
METCALFE LIMITED
Unaudited accounts
for the year ended 30 October 2023
METCALFE LIMITED
Unaudited accounts
Contents
METCALFE LIMITED
Company Information
for the year ended 30 October 2023
Company Number
03868646 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
METCALFE LIMITED
Statement of financial position
as at 30 October 2023
Tangible assets
29,677
30,346
Cash at bank and in hand
103,734
102,281
Creditors: amounts falling due within one year
(96,458)
(91,971)
Net current assets
23,085
26,159
Called up share capital
100
100
Profit and loss account
52,662
56,405
Shareholders' funds
52,762
56,505
For the year ending 30 October 2023 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 30 July 2024 and were signed on its behalf by
Simon Metcalfe
Director
Company Registration No. 03868646
METCALFE LIMITED
Notes to the Accounts
for the year ended 30 October 2023
METCALFE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03868646. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 October 2022
27,000
13,247
40,247
At 30 October 2023
27,000
13,247
40,247
At 31 October 2022
-
9,901
9,901
Charge for the year
-
669
669
At 30 October 2023
-
10,570
10,570
At 30 October 2023
27,000
2,677
29,677
At 30 October 2022
27,000
3,346
30,346
Amounts falling due within one year
Trade debtors
15,809
15,849
METCALFE LIMITED
Notes to the Accounts
for the year ended 30 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,314
12,640
Loans from directors
82,795
70,130
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).