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Registered Number: 14039674
England and Wales

 

 

 


Abridged Accounts

for the year ended 30 June 2024

for

ORE & METAL INTERNATIONAL LIMITED

 
 
Notes
 
2024
£
  2023
£
Fixed assets
Financial assets 2 68,000,489    19,358,939 
68,000,489    19,358,939 
Current assets
Cash at bank and in hand 2,794,381    81 
2,794,381    81 
Creditors: amount falling due within one year (8,461)   (1,080)
Net current assets/(liabilities) 2,785,920    (999)
 
Total assets less current liabilities 70,786,409    19,357,940 
Net assets/(liabilities) 70,786,409    19,357,940 
 

Capital and reserves
Called up share capital 12,459,375    11,513,814 
Share premium account 46,777,497    53,291 
Reserves 11,596,336    7,791,914 
Profit and loss account (46,799)   (1,079)
Shareholders fund 70,786,409    19,357,940 
 
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
Signed on behalf of the board of directors:


----------------------------------
Patrick Eugenio Sacco
Director

Date approved: 20 March 2025
1
Statutory Information
ORE & METAL INTERNATIONAL LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 14039674, registration address 4 Walcote Place, High Street, Winchester, SO23 9AP, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
2.

Financial assets

Cost or Valuation   Shares in group undertakings   Total
    £   £
At 01 July 2023   19,358,939    19,358,939 
Additions   48,641,550    48,641,550 
At 30 June 2024   68,000,489    68,000,489 
Depreciation
At 01 July 2023    
At 30 June 2024    
Net book values
At 30 June 2024   68,000,489    68,000,489 
At 01 July 2023   19,358,939    19,358,939 
3.

Average number of employees

Average number of employees during the year was 0 (2023: 0).
2