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Company Registration No. 03868646 (England and Wales)
METCALFE LIMITED Unaudited accounts for the year ended 30 October 2023
METCALFE LIMITED Unaudited accounts Contents
Page
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METCALFE LIMITED Company Information for the year ended 30 October 2023
Director
Simon Metcalfe
Company Number
03868646 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AH
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METCALFE LIMITED Statement of financial position as at 30 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,677 
30,346 
Current assets
Debtors
15,809 
15,849 
Cash at bank and in hand
103,734 
102,281 
119,543 
118,130 
Creditors: amounts falling due within one year
(96,458)
(91,971)
Net current assets
23,085 
26,159 
Net assets
52,762 
56,505 
Capital and reserves
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
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METCALFE LIMITED Notes to the Accounts for the year ended 30 October 2023
1
Statutory information
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.
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:
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 
Depreciation
At 31 October 2022
- 
9,901 
9,901 
Charge for the year
- 
669 
669 
At 30 October 2023
- 
10,570 
10,570 
Net book value
At 30 October 2023
27,000 
2,677 
29,677 
At 30 October 2022
27,000 
3,346 
30,346 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,809 
15,849 
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METCALFE LIMITED Notes to the Accounts for the year ended 30 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
6,049 
6,469 
Trade creditors
- 
85 
Taxes and social security
6,314 
12,640 
Loans from directors
82,795 
70,130 
Accruals
1,300 
2,647 
96,458 
91,971 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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