Caseware UK (AP4) 2023.0.135 2023.0.135 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsebusiness consultants2023-05-0111truefalse 05687603 2023-05-01 2024-04-30 05687603 2022-05-01 2023-04-30 05687603 2024-04-30 05687603 2023-04-30 05687603 c:Director1 2023-05-01 2024-04-30 05687603 d:CurrentFinancialInstruments 2024-04-30 05687603 d:CurrentFinancialInstruments 2023-04-30 05687603 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05687603 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05687603 d:ShareCapital 2024-04-30 05687603 d:ShareCapital 2023-04-30 05687603 d:RetainedEarningsAccumulatedLosses 2024-04-30 05687603 d:RetainedEarningsAccumulatedLosses 2023-04-30 05687603 c:FRS102 2023-05-01 2024-04-30 05687603 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05687603 c:FullAccounts 2023-05-01 2024-04-30 05687603 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05687603 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 05687603





 
Metrikey Limited          
 
Financial statements          

For the year ended 30 April 2024          
 

 
Metrikey Limited
Registered number:05687603

Balance sheet
As at 30 April 2024

2024
2023
                                                                                                                                        Note
£
£

  

Current assets
  

Debtors
 4 
2,500
-

Cash at bank and in hand
 5 
22,761
17,698

  
25,261
17,698

Creditors: amounts falling due within one year
 6 
(6,417)
(3,705)

  

Net assets
  
18,844
13,993


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
17,844
12,993

  
18,844
13,993


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board; and were signed on its behalf on 17 January 2025.




Hina Choksy
Director





The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
Metrikey Limited
 
 
Notes to the financial statements
For the year ended 30 April 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting

Page 2

 
Metrikey Limited
 
 
Notes to the financial statements
For the year ended 30 April 2024

1.Accounting policies (continued)

 
1.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


2.


General information

Metrikey Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is Construction House, Runwell Road, Wickford, Essex, SS11 7HQ.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Prepayments and accrued income
2,500
-



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
22,761
17,698


Page 3

 
Metrikey Limited
 
 
Notes to the financial statements
For the year ended 30 April 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
661
-

Corporation tax
1,219
-

Other creditors
3,937
3,105

Accruals and deferred income
600
600

6,417
3,705


 

Page 4