Company registration number 04088822 (England and Wales)
METAFOUR INTERNATIONAL LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
METAFOUR INTERNATIONAL LIMITED
COMPANY INFORMATION
Directors
K L Torr
A H Ibrahim
R D Ive
S K Simms
(Appointed 1 July 2024)
Company number
04088822
Registered office
2 Berghem Mews
Blythe Road
London
W14 0HN
Accountants
Rouse Partners LLP
55 Station Road
Beaconsfield
Buckinghamshire
United Kingdom
HP9 1QL
METAFOUR INTERNATIONAL LIMITED
CONTENTS
Page
Directors' report
1
Accountants' report
2
Group statement of comprehensive income
3
Group balance sheet
4 - 5
Company balance sheet
6 - 7
Group statement of changes in equity
8
Company statement of changes in equity
9
Notes to the financial statements
10 - 18
METAFOUR INTERNATIONAL LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 JUNE 2025
- 1 -

The directors present their annual report and financial statements for the year ended 30 June 2025.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

M A Rogers
(Resigned 1 July 2024)
K L Torr
R F Udwin
(Resigned 1 July 2024)
A H Ibrahim
R D Ive
S K Simms
(Appointed 1 July 2024)
Statement of directors' responsibilities

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

United Kingdom company law requires the directors to prepare financial statements for each financial year. Under that law, the directors have elected to prepare the group and parent company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and parent company, and of the profit or loss of the group for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable U nited K ingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group and parent company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group’s and parent company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and parent company, and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and parent company, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies exemption

This report has been prepared in accordance with the provisions applicable to groups and companies entitled to the exemptions of the small companies regime.

On behalf of the board
R D Ive
Director
19 March 2026
METAFOUR INTERNATIONAL LIMITED
INDEPENDENT ACCOUNTANTS' REVIEW REPORT TO THE DIRECTORS OF METAFOUR INTERNATIONAL LIMITED
- 2 -

We have reviewed the financial statements of Metafour International Limited for the year ended 30 June 2025 which comprise the group statement of comprehensive income, the group balance sheet, the company balance sheet, the group and company statements of changes in equity and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting.

Directors' responsibility for the financial statements

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Scope of the a ssurance r eview

A review of financial statements in accordance with the ISRE 2400 (Revised) is a limited assurance engagement. We have performed procedures, primarily consisting of making enquiries of management and others within the group, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.

Accountants' responsibility

Our responsibility is to express a conclusion on the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised) 'Engagements to review historical financial statements' and ICAEW Technical Release TECH 09/13AAF (Revised) 'Assurance review engagements on historical financial statements'. ISRE 2400 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared, in all material respects, in accordance with United Kingdom Generally Accepted Accounting Practice. ISRE 2400 (Revised) also requires us to comply with the ICAEW Code of Ethics.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

- so as to give a true and fair view of the state of the group’s affairs as at 30 June 2025, and of its profit for the year then ended;

- in accordance with United Kingdom Generally Accepted Accounting Practice; and

- in accordance with the requirements of the Companies Act 2006.

Use of our report

This report is made solely to the company directors, as a body, in accordance with the terms of our engagement letter dated 2 February 2024. Our review work has been undertaken so that we might state to the company's directors those matters we have agreed to state to them in a reviewer's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's directors as a body, for our review work, for this report, or for the conclusions we have formed.

Rouse Partners LLP
Chartered Accountants
55 Station Road
Beaconsfield
Buckinghamshire
HP9 1QL
United Kingdom
23 March 2026
METAFOUR INTERNATIONAL LIMITED
GROUP STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
2025
2024
Notes
£
£
Turnover
3,337,864
3,193,806
Cost of sales
(40,396)
(19,561)
Gross profit
3,297,468
3,174,245
Administrative expenses
(2,260,628)
(2,529,338)
Other operating income
9,134
46,407
Operating profit
1,045,974
691,314
Interest receivable and similar income
3
5,972
4,421
Profit before taxation
1,051,946
695,735
Tax on profit
(245,347)
(107,897)
Profit for the financial year
806,599
587,838
Other comprehensive income
Currency translation (loss)/gain arising in the year
(50,242)
21,467
Total comprehensive income for the year
756,357
609,305
Profit for the financial year is all attributable to the owners of the parent company.
Total comprehensive income for the year is all attributable to the owners of the parent company.
METAFOUR INTERNATIONAL LIMITED
GROUP BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
783,145
669,533
Tangible assets
5
55,522
38,037
838,667
707,570
Current assets
Debtors
8
640,552
642,450
Cash at bank and in hand
365,302
471,775
1,005,854
1,114,225
Creditors: amounts falling due within one year
9
(677,684)
(540,730)
Net current assets
328,170
573,495
Total assets less current liabilities
1,166,837
1,281,065
Provisions for liabilities
(170,255)
(172,807)
Net assets
996,582
1,108,258
Capital and reserves
Called up share capital
26,693
26,693
Share premium account
28,507
28,507
Capital redemption reserve
4,300
4,300
Currency translation reserve
(48,789)
1,453
Profit and loss reserves
985,871
1,047,305
Total equity
996,582
1,108,258
METAFOUR INTERNATIONAL LIMITED
GROUP BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2025
30 June 2025
2025
2024
Notes
£
£
£
£
- 5 -

For the financial year ended 30 June 2025 the group was entitled to exemption from audit under section 477 of the Companies Act 2006.

Directors' responsibilities under the Companies Act 2006:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to groups and companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 19 March 2026 and are signed on its behalf by:
19 March 2026
R D Ive
Director
Company registration number 04088822 (England and Wales)
METAFOUR INTERNATIONAL LIMITED
COMPANY BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 6 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
746,490
617,063
Investments
6
238,034
238,034
984,524
855,097
Current assets
Debtors
8
1,378
1,338
Cash at bank and in hand
70,045
25,393
71,423
26,731
Creditors: amounts falling due within one year
9
(276,454)
(72,995)
Net current liabilities
(205,031)
(46,264)
Total assets less current liabilities
779,493
808,833
Provisions for liabilities
(145,554)
(153,502)
Net assets
633,939
655,331
Capital and reserves
Called up share capital
26,693
26,693
Share premium account
28,507
28,507
Capital redemption reserve
4,300
4,300
Profit and loss reserves
574,439
595,831
Total equity
633,939
655,331
METAFOUR INTERNATIONAL LIMITED
COMPANY BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2025
30 June 2025
- 7 -

As permitted by section 408 of the Companies Act 2006, the c ompany has not presented its own profit and loss account and related notes. The c ompany’s profit for the year was £846,641 (2024 - £664,853 profit).

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 19 March 2026 and are signed on its behalf by:
19 March 2026
R D Ive
Director
Company registration number 04088822 (England and Wales)
METAFOUR INTERNATIONAL LIMITED
GROUP STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2025
- 8 -
Share capital
Share premium account
Capital redemption reserve
Currency translation reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
£
Balance at 1 July 2023
26,693
28,507
4,300
(20,014)
1,435,528
1,475,014
Year ended 30 June 2024:
Profit for the year
-
-
-
-
587,838
587,838
Other comprehensive income:
Currency translation differences
-
-
-
21,467
-
0
21,467
Total comprehensive income
-
-
-
21,467
587,838
609,305
Dividends
-
-
-
-
(27,447)
(27,447)
Contributions
-
-
-
-
(948,614)
(948,614)
Balance at 30 June 2024
26,693
28,507
4,300
1,453
1,047,305
1,108,258
Year ended 30 June 2025:
Profit for the year
-
-
-
-
806,599
806,599
Other comprehensive income:
Currency translation differences
-
-
-
(50,242)
-
0
(50,242)
Total comprehensive income
-
-
-
(50,242)
806,599
756,357
Dividends
-
-
-
-
(34,033)
(34,033)
Contributions
-
-
-
-
(834,000)
(834,000)
Balance at 30 June 2025
26,693
28,507
4,300
(48,789)
985,871
996,582
METAFOUR INTERNATIONAL LIMITED
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2025
- 9 -
Share capital
Share premium account
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
Balance at 1 July 2023
26,693
28,507
4,300
907,039
966,539
Year ended 30 June 2024:
Profit and total comprehensive income for the year
-
-
-
664,853
664,853
Dividends
-
-
-
(27,447)
(27,447)
Contributions
-
-
-
(948,614)
(948,614)
Balance at 30 June 2024
26,693
28,507
4,300
595,831
655,331
Year ended 30 June 2025:
Profit and total comprehensive income
-
-
-
846,641
846,641
Dividends
-
-
-
(34,033)
(34,033)
Contributions
-
-
-
(834,000)
(834,000)
Balance at 30 June 2025
26,693
28,507
4,300
574,439
633,939
METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 10 -
1
Accounting policies
Company information

Metafour International Limited (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is 2 Bergham Mews, Blythe Road, London, W14 0HN.

The group consists of Metafour International Limited and all of its subsidiaries.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Business combinations

In the parent company financial statements, t he cost of a business combination is the fair value at the acquisition date of the assets given, equity instruments issued and liabilities incurred or assumed, plus costs directly attributable to the business combination. The excess of the cost of a business combination over the fair value of the identifiable assets, liabilities and contingent liabilities acquired is recognised as goodwill. The cost of the combination includes the estimated amount of contingent consideration that is probable and can be measured reliably, and is adjusted for changes in contingent consideration after the acquisition date. Provisional fair values recognised for business combinations in previous periods are adjusted retrospectively for final fair values determined in the 12 months following the acquisition date. I nvestments in subsidiaries, joint ventures and associates are accounted for at cost less impairment.

Deferred tax is recognised on differences between the value of assets (other than goodwill) and liabilities recognised in a business combination accounted for using the purchase method and the amounts that can be deducted or assessed for tax, considering the manner in which the carrying amount of the asset or liability is expected to be recovered or settled. The deferred tax recognised is adjusted against goodwill or negative goodwill.

1.3
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company Metafour International Limited together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

All financial statements are made up to 30 June 2025. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the g roup.

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

1.4
Going concern

These financial statements are prepared on the going concern basis. At the time of approving the financial statements, the directors have a expectation that the company and group have adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in the preparation of the company and group financial statements.

METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 11 -
1.5
Revenue

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Revenues from software licenses, hosting, support and maintenance are recognised in the period to which they relate. Software development and hardware revenues are recognised at the date of delivery to customers.

1.6
Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

1.7
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of a business over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.8
Intangible fixed assets other than goodwill

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Development costs
over 5 years
1.9
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
Period of lease
Plant and equipment
4-5 years
Fixtures and fittings
4-10 years
Computer equipment
4-5 years
Motor vehicles
5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.10
Fixed asset investments

Equity in vest ments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

I n the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 12 -

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.11
Impairment of fixed assets

At each reporting period end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.12
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

1.13
Financial instruments

The group has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price.

METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 13 -
1.14
Equity instruments

Equity instruments issued by the group are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the group.

1.15
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset if, and only if, there is a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.16
Provisions

Provisions are recognised when the group has a legal or constructive present obligation as a result of a past event, it is probable that the group will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

1.17
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.18
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 14 -
1.19
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

1.20
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

1.21
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2025
2024
2025
2024
Number
Number
Number
Number
Total
52
52
4
5
3
Interest receivable and similar income
2025
2024
£
£
Other interest receivable and similar income
5,972
4,421
METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 15 -
4
Intangible fixed assets
Group
Goodwill
Other
Total
£
£
£
Cost
At 1 July 2024
104,160
1,683,621
1,787,781
Additions
-
0
421,188
421,188
At 30 June 2025
104,160
2,104,809
2,208,969
Amortisation and impairment
At 1 July 2024
51,690
1,066,558
1,118,248
Amortisation charged for the year
15,815
291,761
307,576
At 30 June 2025
67,505
1,358,319
1,425,824
Carrying amount
At 30 June 2025
36,655
746,490
783,145
At 30 June 2024
52,470
617,063
669,533
Company
Other
£
Cost
At 1 July 2024
1,683,621
Additions
421,188
At 30 June 2025
2,104,809
Amortisation and impairment
At 1 July 2024
1,066,558
Amortisation charged for the year
291,761
At 30 June 2025
1,358,319
Carrying amount
At 30 June 2025
746,490
At 30 June 2024
617,063
METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 16 -
5
Tangible fixed assets
Group
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 July 2024
49,310
344,421
393,731
Additions
-
0
32,845
32,845
Disposals
-
0
(3,491)
(3,491)
Other changes
-
0
(8,689)
(8,689)
At 30 June 2025
49,310
365,086
414,396
Depreciation and impairment
At 1 July 2024
49,310
306,384
355,694
Depreciation charged in the year
-
0
12,390
12,390
Eliminated in respect of disposals
-
0
(3,491)
(3,491)
Other changes
-
0
(5,719)
(5,719)
At 30 June 2025
49,310
309,564
358,874
Carrying amount
At 30 June 2025
-
0
55,522
55,522
At 30 June 2024
-
0
38,037
38,037
Company
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 July 2024
49,310
280,509
329,819
Disposals
-
0
(1,169)
(1,169)
At 30 June 2025
49,310
279,340
328,650
Depreciation and impairment
At 1 July 2024
49,310
280,509
329,819
Eliminated in respect of disposals
-
0
(1,169)
(1,169)
At 30 June 2025
49,310
279,340
328,650
Carrying amount
At 30 June 2025
-
0
-
0
-
0
METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 17 -
6
Fixed asset investments
Group
Company
2025
2024
2025
2024
£
£
£
£
Shares in group undertakings and participating interests
-
-
238,034
238,034

Movements in fixed asset investments
Company
Shares in subsidiaries
£
Cost or valuation
At 1 July 2024 and 30 June 2025
238,034
Carrying amount
At 30 June 2025
238,034
At 30 June 2024
238,034
7
Subsidiaries

Details of the company's subsidiaries at 30 June 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Metafour UK Limited
England & Wales
Ordinary
100.00
Metafour (Pty) Ltd
South Africa
Ordinary
100.00
Metafour Asia Ltd
Bangladesh
Ordinary
99.99
8
Debtors
Group
Company
2025
2024
2025
2024
Amounts falling due within one year:
£
£
£
£
Trade debtors
531,286
507,562
-
0
-
0
Other debtors
109,266
134,888
1,378
1,338
640,552
642,450
1,378
1,338
METAFOUR INTERNATIONAL LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 18 -
9
Creditors: amounts falling due within one year
Group
Company
2025
2024
2025
2024
£
£
£
£
Trade creditors
72,091
61,774
31,414
27,727
Amounts owed to group undertakings
-
0
-
0
140,335
28,857
Corporation tax payable
249,142
62,820
100,925
12,631
Other taxation and social security
132,289
116,160
-
0
-
0
Other creditors
224,162
299,976
3,780
3,780
677,684
540,730
276,454
72,995
10
Government grants
Group
Company
2025
2024
2025
2024
£
£
£
£
Deferred government grants
53,010
45,462
-
-

This grant has been provided by the Bangladesh government (GoB) and is designed to promote exports from Bangladesh. The funds are to be spent on staff costs, including salaries and training. Income is written back against the expenditure as it arises.

11
Operating lease commitments
As lessee

At the reporting end date the group had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

Group
Company
2025
2024
2025
2024
£
£
£
£
289,547
386,703
-
-
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