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REGISTERED NUMBER: 10280578 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

THE METANOS GROUP LIMITED

THE METANOS GROUP LIMITED (Registered number: 10280578)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


THE METANOS GROUP LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs L M Bartram
T D Hardiman





REGISTERED OFFICE: 31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW





REGISTERED NUMBER: 10280578 (England and Wales)





ACCOUNTANTS: Carrington-May
Chartered Certified Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW

THE METANOS GROUP LIMITED (Registered number: 10280578)

Abridged Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,590 8,079

CURRENT ASSETS
Debtors 22,181 140,162
Cash at bank 215,468 179,986
237,649 320,148
CREDITORS
Amounts falling due within one year 157,006 247,993
NET CURRENT ASSETS 80,643 72,155
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,233

80,234

CREDITORS
Amounts falling due after more than one
year

(8,250

)

(17,137

)

PROVISIONS FOR LIABILITIES (1,898 ) (1,656 )
NET ASSETS 78,085 61,441

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 75,085 58,441
SHAREHOLDERS' FUNDS 78,085 61,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

THE METANOS GROUP LIMITED (Registered number: 10280578)

Abridged Statement of Financial Position - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 14 March 2025 and were signed on its behalf by:





T D Hardiman - Director


THE METANOS GROUP LIMITED (Registered number: 10280578)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

THE METANOS GROUP LIMITED 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.

The directors have considered the future cash flow of the company. This remains positive. The company meets all of its liabilities as they fall due. On this basis the directors consider that the going concern basis of preparation to be appropriate.

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.
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 2 (2023 - 3 ) .

THE METANOS GROUP LIMITED (Registered number: 10280578)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023 14,462
Additions 2,986
At 30 June 2024 17,448
DEPRECIATION
At 1 July 2023 6,383
Charge for year 3,475
At 30 June 2024 9,858
NET BOOK VALUE
At 30 June 2024 7,590
At 30 June 2023 8,079

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the sum of £69,304 is owed to the directors. ( 2023 - £48,160) Interest has not been paid or accrued on the sum outstanding. £69,304 is the maximum amount outstanding during the period.