Metabometrix Ltd - Filleted accounts

Metabometrix Ltd
Data not obtained from trial balance		AutoHide is on
Enter data in the white spaces Enter numbers as + unless indicated				Current year	Comparative

Units (eg £ or £000)		£	include a trailing space

Company registration number		03982959

		Date
Approval date of the accounts by the board		22/09/2025

		Date
Date of signing on the audit/accountants report		22/09/2025

Date of engagement letter (required for		Date
CA and ACCA reports)

Person signing directors' report:
	Name of director	M Clark
	Or, name of secretary

Name of director signing balance sheet		M Clark

Address of registered office:
	Address line 1	12 Lodgefield
	Address line 2	Welwyn Garden City
	City or town	Hertfordshire
	County or region
	Postcode	AL7 1SD

Name of senior statutory auditor

Name of auditors/accountants		James Mercy & Co

Type of firm (eg Chartered Accountants)

Address of auditors/accountants
	Address line 1	18 Dale View Crescent
	Address line 2	Chingford
	City or town	London
	County or region
	Postcode	E4 6PQ

Prior year adjustments (+ for a gain; - for a loss)		£
	Correction of prior year errors
	Effect of retrospective changes in accounting policies
	Effect of retrospective changes in accounting policies
	More info on prior year adjustments

Number					Number
Average number of persons employed by the company				1		1

Freehold land & buildings if
revalued amounts shown in trial balance:				£	£
	historical cost
	cumulative depreciation based on cost

Historical cost of fixed asset investments				£	£
	Investments in subsidiaries
	Other investments

£					£
Amounts due after more than one year included in debtors

Amounts included in creditors falling due for payment
after more than five years:				£	£
Payable otherwise than by installment
Payable by installment

£					£
Secured bank loans included in creditors

Capital commitments:				£	£
	contracted

Total future payments due under non-cancellable				£	£
operating leases

Registered number

03982959

Metabometrix Ltd

Filleted Accounts

31 January 2025

Metabometrix Ltd
Registered number:		03982959
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Current assets
Cash at bank and in hand		3,546			3,453

Creditors: amounts falling due within one year	3	(216,656)			(266,601)

Net current liabilities			(213,110)			(263,148)

Total assets less current liabilities			(213,110)			(263,148)

Creditors: amounts falling due after more than one year	4		(246,978)			(246,978)



Net liabilities			(460,088)			(510,126)

Capital and reserves
Called up share capital			1,426			1,426
Share premium			1,400,945			1,400,945
Revaluation reserve	5		9,586			9,586
Profit and loss account			(1,872,045)			(1,922,083)

Shareholders' funds			(460,088)			(510,126)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Clark
Director
Approved by the board on 22 September 2025

Metabometrix Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2024				675,000
	At 31 January 2025				675,000

	Depreciation
	At 1 February 2024				675,000
	At 31 January 2025				675,000

	Net book value
	At 31 January 2025				-


3	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		-		49,946
	Trade creditors		16,586		16,586
	Taxation and social security costs		239		239
	Other creditors		199,831		199,830
			216,656		266,601


4	Creditors: amounts falling due after one year		2025		2024
£				£

	Convertible debentures		246,978		246,978


5	Revaluation reserve		2025		2024
£				£

	At 1 February 2024		9,586		9,586

	At 31 January 2025		9,586		9,586


6	Other information

	Metabometrix Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	12 Lodgefield
	Welwyn Garden City
	Hertfordshire
	AL7 1SD