Company Registration No. 10706820 (England and Wales)
Mets Group Limited
Unaudited accounts
for the year ended 31 March 2025
Mets Group Limited
Unaudited accounts
Contents
Mets Group Limited
Company Information
for the year ended 31 March 2025
Company Number
10706820 (England and Wales)
Registered Office
Admirals Offices
Main Gate Road The Historic Dockyard
Chatham
Kent
ME4 4TZ
England
Mets Group Limited
Statement of financial position
as at 31 March 2025
Tangible assets
12,586
3,052
Cash at bank and in hand
51,232
143,765
Creditors: amounts falling due within one year
(44,553)
(84,688)
Net current assets
203,857
224,703
Total assets less current liabilities
251,443
262,755
Creditors: amounts falling due after more than one year
(14,583)
(24,049)
Net assets
236,860
238,706
Called up share capital
1
1
Profit and loss account
236,859
238,705
Shareholders' funds
236,860
238,706
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 August 2025 and were signed on its behalf by
David Vaughan
Director
Company Registration No. 10706820
Mets Group Limited
Notes to the Accounts
for the year ended 31 March 2025
Mets Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10706820. The registered office is Admirals Offices, Main Gate Road The Historic Dockyard, Chatham, Kent, ME4 4TZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
20% straight line
Computer equipment
33& straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
13,723
-
13,723
Additions
12,846
3,120
15,966
At 31 March 2025
26,569
3,120
29,689
At 1 April 2024
10,671
-
10,671
Charge for the year
5,808
624
6,432
At 31 March 2025
16,479
624
17,103
At 31 March 2025
10,090
2,496
12,586
At 31 March 2024
3,052
-
3,052
Mets Group Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
35,000
Valuation at 31 March 2025
35,000
Amounts falling due within one year
Trade debtors
193,157
164,675
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(6,829)
42,485
Loans from directors
-
1,401
8
Creditors: amounts falling due after more than one year
2025
2024
The director had a short term loan of £19,365 in the year to 31st March 2023, this amount was repaid on 18th May 2023.
10
Average number of employees
During the year the average number of employees was 3 (2024: 1).