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REGISTERED NUMBER: 11153620 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

METRA SURVEYING LIMITED

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


METRA SURVEYING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mrs C A Whitnall
Mr S Savva





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 11153620 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 144,308 137,298

CURRENT ASSETS
Debtors 5 381,137 332,626
Cash at bank and in hand 80,151 66,937
461,288 399,563
CREDITORS
Amounts falling due within one year 6 325,729 268,237
NET CURRENT ASSETS 135,559 131,326
TOTAL ASSETS LESS CURRENT LIABILITIES 279,867 268,624

CREDITORS
Amounts falling due after more than one
year

7

(18,135

)

(36,360

)

PROVISIONS FOR LIABILITIES 10 (36,078 ) (33,513 )
NET ASSETS 225,654 198,751

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 225,554 198,651
SHAREHOLDERS' FUNDS 225,654 198,751

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

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

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

BALANCE SHEET - continued
31ST 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 26th July 2024 and were signed on its behalf by:





Mrs C A Whitnall - Director


METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Metra Surveying Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

2. ACCOUNTING POLICIES - continued

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.

Restatement of comparatives
During the year a decision was taken by management to reclassify travel and employee costs from Overheads to Cost of Sales. To provide consistency to the comparative figures the same treatment was applied retrospectively to the March 2023 year end figures.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023 212,299
Additions 57,617
Disposals (7,726 )
At 31st March 2024 262,190
DEPRECIATION
At 1st April 2023 75,001
Charge for year 46,411
Eliminated on disposal (3,530 )
At 31st March 2024 117,882
NET BOOK VALUE
At 31st March 2024 144,308
At 31st March 2023 137,298

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st April 2023 102,943
Additions 12,490
Transfer to ownership (12,980 )
At 31st March 2024 102,453
DEPRECIATION
At 1st April 2023 25,602
Charge for year 19,560
Transfer to ownership (6,591 )
At 31st March 2024 38,571
NET BOOK VALUE
At 31st March 2024 63,882
At 31st March 2023 77,341

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 326,314 244,936
Other debtors 54,823 87,690
381,137 332,626

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 26,319 27,870
Trade creditors 103,289 80,813
Taxation and social security 85,703 50,167
Other creditors 110,418 109,387
325,729 268,237

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 18,135 36,360

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Gross obligations repayable:
Within one year 29,948 31,613
Between one and five years 21,079 41,165
51,027 72,778

Finance charges repayable:
Within one year 3,629 3,743
Between one and five years 2,944 4,805
6,573 8,548

Net obligations repayable:
Within one year 26,319 27,870
Between one and five years 18,135 36,360
44,454 64,230

Non-cancellable operating leases
2024 2023
£    £   
Within one year 11,172 13,218
Between one and five years 6,458 5,513
17,630 18,731

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 44,454 64,230

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 36,078 33,513

METRA SURVEYING LIMITED (REGISTERED NUMBER: 11153620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st April 2023 33,513
Provided during year 2,565
Balance at 31st March 2024 36,078

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Ordinary 1p 100 100

12. RELATED PARTY DISCLOSURES

During the year the company invoiced Frixos Metal Works Limited £59,405 (2023 - £26,150) for surveying services. The balance due as of the year end was £15,600 (2023 - £8,580) and is included in trade debtors.

During the year the company was provided with recharged services by Frixos Metal Works Limited amounting to £3,237 (2023 - £23,177). The balance due as at the year end was £96,505 (2023 - £115,549) and is included within creditors.