Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06307890 Mr Mark Mellis Mrs Jacqueline Mellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06307890 2023-03-31 06307890 2024-03-31 06307890 2023-04-01 2024-03-31 06307890 frs-core:CurrentFinancialInstruments 2024-03-31 06307890 frs-core:Non-currentFinancialInstruments 2024-03-31 06307890 frs-core:FurnitureFittings 2024-03-31 06307890 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06307890 frs-core:FurnitureFittings 2023-03-31 06307890 frs-core:MotorVehicles 2024-03-31 06307890 frs-core:MotorVehicles 2023-04-01 2024-03-31 06307890 frs-core:MotorVehicles 2023-03-31 06307890 frs-core:PlantMachinery 2024-03-31 06307890 frs-core:PlantMachinery 2023-04-01 2024-03-31 06307890 frs-core:PlantMachinery 2023-03-31 06307890 frs-core:ShareCapital 2024-03-31 06307890 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06307890 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06307890 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06307890 frs-bus:SmallEntities 2023-04-01 2024-03-31 06307890 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06307890 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06307890 frs-bus:Director1 2023-04-01 2024-03-31 06307890 frs-bus:Director1 2023-03-31 06307890 frs-bus:Director1 2024-03-31 06307890 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06307890 frs-countries:EnglandWales 2023-04-01 2024-03-31 06307890 2022-03-31 06307890 2023-03-31 06307890 2022-04-01 2023-03-31 06307890 frs-core:CurrentFinancialInstruments 2023-03-31 06307890 frs-core:Non-currentFinancialInstruments 2023-03-31 06307890 frs-core:ShareCapital 2023-03-31 06307890 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06307890
Metus Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06307890
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 430 19,862
430 19,862
CURRENT ASSETS
Debtors 5 9,935 150
Cash at bank and in hand 74,300 13,908
84,235 14,058
Creditors: Amounts Falling Due Within One Year 6 (975 ) (10,474 )
NET CURRENT ASSETS (LIABILITIES) 83,260 3,584
TOTAL ASSETS LESS CURRENT LIABILITIES 83,690 23,446
Creditors: Amounts Falling Due After More Than One Year 7 (23,794 ) (31,545 )
NET ASSETS/(LIABILITIES) 59,896 (8,099 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 59,895 (8,100 )
SHAREHOLDERS' FUNDS 59,896 (8,099)
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mark Mellis
Director
23/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Metus Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06307890 . The registered office is 99 Long Street, Middleton, M24 6UN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% Straight Line
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 4,011 38,695 250 42,956
Additions 645 - - 645
Disposals - (38,695 ) - (38,695 )
As at 31 March 2024 4,656 - 250 4,906
Depreciation
As at 1 April 2023 4,011 18,883 200 23,094
Provided during the period 215 - 50 265
Disposals - (18,883 ) - (18,883 )
As at 31 March 2024 4,226 - 250 4,476
Net Book Value
As at 31 March 2024 430 - - 430
As at 1 April 2023 - 19,812 50 19,862
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Net wages - 150
Director's loan account 9,935 -
9,935 150
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 375 525
Accruals and deferred income 600 -
Director's loan account - 9,949
975 10,474
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 23,794 31,545
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Mark Mellis (9,950 ) 19,885 - - 9,935
The above loan is unsecured, interest free and repayable on demand.
Page 4