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REGISTERED NUMBER: 05095428 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

METRO PRINT MANAGEMENT LTD

METRO PRINT MANAGEMENT LTD (REGISTERED NUMBER: 05095428)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


METRO PRINT MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: P R Stewart
Mrs G A Stewart





REGISTERED OFFICE: 15 James Wadsworth Close
Over
Cambridgeshire
CB24 5AA





REGISTERED NUMBER: 05095428 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

METRO PRINT MANAGEMENT LTD (REGISTERED NUMBER: 05095428)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 557 788

CURRENT ASSETS
Stocks 1,170 649
Debtors 5 31,790 32,851
Cash at bank 4,559 5,864
37,519 39,364
CREDITORS
Amounts falling due within one year 6 8,784 7,769
NET CURRENT ASSETS 28,735 31,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,292

32,383

CREDITORS
Amounts falling due after more than one
year

7

10,147

11,912
NET ASSETS 19,145 20,471

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,045 20,371
SHAREHOLDERS' FUNDS 19,145 20,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

METRO PRINT MANAGEMENT LTD (REGISTERED NUMBER: 05095428)

BALANCE SHEET - continued
31 DECEMBER 2023


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 6 August 2024 and were signed on its behalf by:





P R Stewart - Director


METRO PRINT MANAGEMENT LTD (REGISTERED NUMBER: 05095428)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Metro Print Management 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.

Turnover
Turnover represents the net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stock and work in progress
Stock and work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

METRO PRINT MANAGEMENT LTD (REGISTERED NUMBER: 05095428)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures Computer
& fittings equipment Totals
£    £    £   
COST
At 1 January 2023 526 1,420 1,946
Disposals (296 ) - (296 )
At 31 December 2023 230 1,420 1,650
DEPRECIATION
At 1 January 2023 402 756 1,158
Charge for year 15 166 181
Eliminated on disposal (246 ) - (246 )
At 31 December 2023 171 922 1,093
NET BOOK VALUE
At 31 December 2023 59 498 557
At 31 December 2022 124 664 788

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,756 1,616
Other debtors 29,034 31,235
31,790 32,851

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,765 1,765
Trade creditors 2,621 2,247
Taxation and social security 182 1,734
Other creditors 4,216 2,023
8,784 7,769

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 10,147 11,912

8. ULTIMATE CONTROLLING PARTY

The controlling party is P R Stewart.

The ultimate controlling party is P R Stewart.