METFIELD ESTATES LIMITED

Company Registration Number:
02128089 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

METFIELD ESTATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

METFIELD ESTATES LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 18,875,716 18,696,826
Total fixed assets: 18,875,716 18,696,826
Current assets
Stocks: 646,811 646,811
Debtors: 4 6,644,420 5,847,940
Cash at bank and in hand: 393,636 397,789
Total current assets: 7,684,867 6,892,540
Creditors: amounts falling due within one year: 5 (1,674,683) (1,401,328)
Net current assets (liabilities): 6,010,184 5,491,212
Total assets less current liabilities: 24,885,900 24,188,038
Creditors: amounts falling due after more than one year: 6 (34,145,806) (33,026,170)
Total net assets (liabilities): (9,259,906) (8,838,132)
Capital and reserves
Called up share capital: 297,593 297,593
Share premium account: 27,150 27,150
Other reserves: 40,813 40,813
Profit and loss account: (9,625,462) (9,203,688)
Shareholders funds: (9,259,906) (8,838,132)

The notes form part of these financial statements

METFIELD ESTATES LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 August 2025
and signed on behalf of the board by:

Name: L M Harvey
Status: Director

The notes form part of these financial statements

METFIELD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

METFIELD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 4 7

METFIELD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

UK Fixed Interest Bonds at cost £15589058 UK Quoted Investments at cost £3286658 Totals 2024 £18875716 2023 £18696826

METFIELD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 6,644,420 5,847,940

METFIELD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Corporation tax £214730 Other creditors including other taxation and social security £514440 Accruals £945513 Totals 2024 £1674683 2023 £1401328

METFIELD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Redeemable preference shares £1363112 Accrued premiums & dividends on preference shares £6676961 Directors' loan £1494560 Accrued interest on directors' loan £11165173 Totals 2024 £34145806 2023 £33026170