Kanwal Kaur Bhatia Dominic John Keen

12648579 (England and Wales)

71-75 Shelton Street London WC2H 9JQ England

Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Metalynx Ltd for the year ended 30 June 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Metalynx Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Metalynx Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Metalynx Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Metalynx Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Metalynx Ltd. You consider that Metalynx Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Metalynx Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 4 December 2025

Tangible assets

15,577 

6,922 

Debtors

108,950 

70,534 

Cash at bank and in hand

74,254 

165,645 

(60,443)

(30,294)

Called up share capital

3 

3 

Share premium

746,970 

731,733 

Profit and loss account

(608,635)

(518,929)

For the year ending 30 June 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 financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by

Kanwal Kaur Bhatia Director Company Registration No. 12648579

Metalynx Ltd is a private company, limited by shares, registered in England and Wales, registration number 12648579. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, England.

These financial statements for the year ended 30 June 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.

The principal activity of the company during the period was the provision of business and domestic software development services. There has been no material change in this activity during the period.

Revenue is measured at the fair value of consideration received or receivable, net of VAT and trade discounts. Service income is recognised as services are provided.

Fixtures & fittings

Computer equipment

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates.

At cost 

At cost 

At 1 July 2024

613 

9,698 

10,311 

Additions

- 

15,415 

15,415 

At 30 June 2025

At 1 July 2024

297 

3,092 

3,389 

Charge for the year

123 

6,637 

6,760 

At 30 June 2025

At 30 June 2025

At 30 June 2024

VAT

5,812 

3,535 

Accrued income and prepayments

8,277 

- 

Other debtors

94,861 

66,999 

Trade creditors

2,217 

2,173 

Taxes and social security

2,714 

2,698 

Other creditors

12,721 

24,639 

Loans from directors

41,430 

784 

Accruals

1,361 

- 

During the year the average number of employees was 3 (2024: 4).