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METATRON INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






METATRON INVESTMENTS LTD (REGISTERED NUMBER: 09805197)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


METATRON INVESTMENTS LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs S Ashar
A M Shah
Mrs R A Shah





REGISTERED OFFICE: Tudor House
185 Kenton Road
Kenton
Harrow
Middlesex
HA3 0EY





REGISTERED NUMBER: 09805197 (England and Wales)





ACCOUNTANTS: Barretts
Chartered Accountants &
Chartered Tax Advisers
22 Union Street
Newton Abbot
Devon
TQ12 2JS

METATRON INVESTMENTS LTD (REGISTERED NUMBER: 09805197)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 270,174
Investment property 5 800,000 800,000
800,000 1,070,174

CURRENT ASSETS
Investments 6 - 20,010
Cash at bank 8,140 14,932
8,140 34,942
CREDITORS
Amounts falling due within one year 7 21,012 72,639
NET CURRENT LIABILITIES (12,872 ) (37,697 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

787,128

1,032,477

CREDITORS
Amounts falling due after more than one
year

8

(500,350

)

(760,076

)

PROVISIONS FOR LIABILITIES (44,995 ) (44,995 )
NET ASSETS 241,783 227,406

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 241,683 227,306
SHAREHOLDERS' FUNDS 241,783 227,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

METATRON INVESTMENTS LTD (REGISTERED NUMBER: 09805197)

BALANCE SHEET - continued
31 March 2024


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 1 August 2024 and were signed on its behalf by:





A M Shah - Director


METATRON INVESTMENTS LTD (REGISTERED NUMBER: 09805197)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Metatron Investments Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rents received from property rental.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 270,174
Disposals (270,174 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 270,174

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 800,000
NET BOOK VALUE
At 31 March 2024 800,000
At 31 March 2023 800,000

METATRON INVESTMENTS LTD (REGISTERED NUMBER: 09805197)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 236,815
Cost 563,185
800,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 563,185 563,185

The investment property was valued on an open market basis on 31 March 2024 by the directors .

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments - 20,010

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,360 -
Directors' current accounts 16,684 71,739
Accrued expenses 968 900
21,012 72,639

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yrs non-inst 500,350 501,671
Other creditors - 258,405
500,350 760,076

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 500,350 501,671

METATRON INVESTMENTS LTD (REGISTERED NUMBER: 09805197)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 500,350 501,671