Metrixquants Limited
Unaudited Financial Statements
For the year ended 30 November 2023
Pages for Filing with Registrar
Company Registration No. 11658432 (England and Wales)
Metrixquants Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Metrixquants Limited
Balance Sheet
As at 30 November 2023
Page 1
2023
2022
Notes
£
£
£
£
Current assets
Debtors
4
474
920
Cash at bank and in hand
138,677
140,323
139,151
141,243
Creditors: amounts falling due within one year
5
(5,144)
(2,494)
Net current assets
134,007
138,749
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
134,006
138,748
Total equity
134,007
138,749
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 30 August 2024
G Metikas
Director
Company Registration No. 11658432
Metrixquants Limited
Notes to the Financial Statements
For the year ended 30 November 2023
Page 2
1
Accounting policies
Company information
Metrixquants Limited is a private company limited by shares incorporated and domiciled in England and Wales. The registered office is 6th Floor 9 Appold Street London EC2A 2AP.
1.1
Accounting convention
These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.3
Financial instruments
The Company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
Metrixquants Limited
Notes to the Financial Statements (Continued)
For the year ended 30 November 2023
Page 3
3
Dividends
2023
2022
£
£
Final paid
2,000
2,000
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Corporation tax recoverable
446
Other debtors
474
474
474
920
5
Creditors: amounts falling due within one year
2023
2022
£
£
Accruals and deferred income
5,144
2,494
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and not fully paid
1 Ordinary share of £1
1
1
1
1
Metrixquants Limited
Notes to the Financial Statements (Continued)
For the year ended 30 November 2023
Page 4
7
Related party transactions
Dividends totaling £2,000 (2022: £2,000) were paid in the period in respect of shares held by the company's Director.
8
Parent company
The ultimate controlling party is G Metikas by virtue of his 100% shareholding.