Metaverse Technologies Ltd

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

Registered number: 11349991

		30 September 2024		31 March 2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	2,999		3,452
Cash at bank and in hand		-		209

		2,999		3,661
Creditors: Amounts Falling Due Within One Year	6	(406,440 )		(360,915 )

NET CURRENT ASSETS (LIABILITIES)			(403,441 )		(357,254 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(403,441 )		(357,254 )

NET LIABILITIES			(403,441 )		(357,254 )

CAPITAL AND RESERVES
Called up share capital	7		238		209
Share premium account			741,064		385,690
Profit and Loss Account			(1,144,743 )		(743,153 )

SHAREHOLDERS' FUNDS			(403,441)		(357,254)

For the period ending 30 September 2024 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 directors acknowledge their 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 John Forsyth

Director

30/09/2025

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

1. General Information

Metaverse Technologies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11349991 . The registered office is Yew Trees, Crowell Hill, Chinnor, Oxon, OX39 4BT.

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. 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:

Computer Equipment

33% straight line

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2023: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2023	16,446

As at 30 September 2024	16,446

Depreciation
As at 1 April 2023	16,446

As at 30 September 2024	16,446

Net Book Value
As at 30 September 2024	-

As at 1 April 2023	-

5. Debtors

	30 September 2024	31 March 2023
	£	£
Due within one year
VAT recoverable	1,779	2,255
Other debtors (Debtors < 1 year)	1,220	1,197

	2,999	3,452

Page 2

Page 3

Metaverse Technologies Ltd

Notes to the Financial Statements (continued)

For the Period 1 April 2023 to 30 September 2024

6. Creditors: Amounts Falling Due Within One Year

	30 September 2024	31 March 2023
	£	£
Trade creditors	18,740	16,721
Other creditors	286,621	290,963
Directors' loan accounts	101,079	53,231

	406,440	360,915

7. Share Capital

	30 September 2024	31 March 2023
	£	£
Allotted, Called up and fully paid	238	209