Company registration number: 11090101
Unaudited financial statements
for the year ended 31 March 2025
for
Metsi Group Limited
Pages for filing with the Registrar
Company registration number: 11090101
Metsi Group Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 464 696
Investments 5 598,533 598,533
598,997 599,229
Current assets
Debtors 37,655 15,322
Cash at bank and in hand 20,428 8,728
58,083 24,050
Creditors: amounts falling due within one
year
(468,701) (406,579)
Net current liabilities (410,618) (382,529)
Total assets less current liabilities 188,379 216,700
Creditors: Amounts falling due after more
than one year
(275,495) (277,495)
NET LIABILITIES (87,116) (60,795)
Capital and reserves
Called up share capital 80 80
Profit and loss account (87,196) (60,875)
TOTAL EQUITY (87,116) (60,795)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11090101
Metsi Group Limited
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 17 June 2025 and signed on its behalf by:
Mr M Hillewaert, Director
17 June 2025
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Metsi Group Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Metsi Group Limited is a private company registered in England and Wales. Its registered number is 11090101. The company is limited by shares. Its registered office is 79-91 Aldwych, London, WC2B 4HN.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings -
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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Metsi Group Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 1,566
At 31 March 2025 1,566
Depreciation
At 1 April 2024 870
Charge for year 232
At 31 March 2025 1,102
Net book value
At 31 March 2025 464
At 31 March 2024 696
5 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 April 2024 598,533
At 31 March 2025 598,533
Net book value
At 31 March 2025 598,533
At 31 March 2024 598,533
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