Metalink Recycling Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11407730

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31,818		39,773

			31,818		39,773
CURRENT ASSETS
Debtors	5	2,169,202		3,495,412
Cash at bank and in hand		215,525		1,145,471

		2,384,727		4,640,883
Creditors: Amounts Falling Due Within One Year	6	(2,357,291 )		(4,612,847 )

NET CURRENT ASSETS (LIABILITIES)			27,436		28,036

TOTAL ASSETS LESS CURRENT LIABILITIES			59,254		67,809

Creditors: Amounts Falling Due After More Than One Year	7		(18,457 )		(29,054 )

NET ASSETS			40,797		38,755

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			40,697		38,655

SHAREHOLDERS' FUNDS			40,797		38,755

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rupesh Bansal

Director

17 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Metalink Recycling Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11407730 . The registered office is 200 Brook Drive Green Park, Reading, RG2 6UB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% Reducing balance
Computer Equipment	20% Reducing balance

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	49,251	1,274	50,525

As at 31 December 2024	49,251	1,274	50,525

Depreciation
As at 1 January 2024	10,327	425	10,752
Provided during the period	7,880	75	7,955

As at 31 December 2024	18,207	500	18,707

Net Book Value
As at 31 December 2024	31,044	774	31,818

As at 1 January 2024	38,924	849	39,773

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Metalink Recycling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	1,067,050	2,860,916
Other debtors	1,008,180	581,673
Other taxes & social securities refund	53,972	52,823
Loans & Advance	40,000	-

	2,169,202	3,495,412

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	591,040	1,642,882
Other taxes and social security	6,650	11,975
Other creditors	1,746,251	2,944,643
Obligations under finance lease and hire purchase contracts	13,350	13,347

	2,357,291	4,612,847

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Obligations under finance lease and hire purchase contracts.	18,457	29,054

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Other Information

Metalink Recycling Limited is a private company limited by shares and incorporated in England. Its registered office is:

200 Brook Drive,

Green Park,

Reading,

England,

RG2 6UB

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