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REGISTERED NUMBER: 10903286 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Meta Eagle Limited

Meta Eagle Limited (Registered number: 10903286)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Meta Eagle Limited (Registered number: 10903286)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,612 7,014

CURRENT ASSETS
Stocks 9,500 12,052
Debtors 5 20,282 17,594
Cash at bank and in hand 16,907 9,388
46,689 39,034
CREDITORS
Amounts falling due within one year 6 27,230 29,311
NET CURRENT ASSETS 19,459 9,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,071

16,737

CREDITORS
Amounts falling due after more than one
year

7

(38,617

)

(31,535

)

PROVISIONS FOR LIABILITIES (1,066 ) (1,333 )
NET LIABILITIES (14,612 ) (16,131 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (14,712 ) (16,231 )
SHAREHOLDERS' FUNDS (14,612 ) (16,131 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Meta Eagle Limited (Registered number: 10903286)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2024 and were signed by:





L A Robinson - Director


Meta Eagle Limited (Registered number: 10903286)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Meta Eagle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10903286

Registered office: Studio 5, 50-54 St Pauls Square
Birmingham
B3 1QS

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.
Plant and machinery etc - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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.

3. EMPLOYEES AND DIRECTORS

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

Meta Eagle Limited (Registered number: 10903286)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 12,988
DEPRECIATION
At 1 September 2023 5,974
Charge for year 1,402
At 31 August 2024 7,376
NET BOOK VALUE
At 31 August 2024 5,612
At 31 August 2023 7,014

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 18,586 16,032
Other debtors 1,696 1,562
20,282 17,594

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 875 10,800
Trade creditors 15,092 12,417
Taxation and social security 9,757 4,939
Other creditors 1,506 1,155
27,230 29,311

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 33,713 24,631
Other creditors 4,904 6,904
38,617 31,535