Company No: 15126725 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2026		30.09.2024
		£		£
Fixed assets
Tangible assets	3	22,379		29,275
		22,379		29,275
Current assets
Stocks		400		300
Debtors	4	7,967		7,771
Cash at bank and in hand		16,290		11,821
		24,657		19,892
Creditors: amounts falling due within one year	5	( 14,934)		( 32,932)
Net current assets/(liabilities)		9,723		(13,040)
Total assets less current liabilities		32,102		16,235
Provision for liabilities		( 4,252)		( 3,229)
Net assets		27,850		13,006
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		27,750		12,906
Total shareholder's funds		27,850		13,006

For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of MetisX Consulting Ltd (registered number: 15126725) were approved and authorised for issue by the Director on 05 June 2026. They were signed on its behalf by:

E E Ryall Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

MetisX Consulting Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Faulkner House, 31 West Street, Wimborne, BH21 1JS, United Kingdom. The principal place of business is 7 Littlefield Lane, Sixpenny Handley, Salisbury, Dorset, SP5 5NP.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The financial statements cover the period from 1 October 2024 to 31 March 2026, being a period of 18 months. The comparative figures relate to the period ended 30 September 2024 and therefore are not entirely comparable.

The change in the reporting period arose due to administrative reasons.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Office equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Period from 01.10.2024 to 31.03.2026		Period from 10.09.2023 to 30.09.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	1		1

3. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 October 2024	1,285		36,850		899		39,034
Additions	3,840		0		1,658		5,498
At 31 March 2026	5,125		36,850		2,557		44,532
Accumulated depreciation
At 01 October 2024	321		9,213		225		9,759
Charge for the financial period	1,368		10,364		662		12,394
At 31 March 2026	1,689		19,577		887		22,153
Net book value
At 31 March 2026	3,436		17,273		1,670		22,379
At 30 September 2024	964		27,637		674		29,275

4. Debtors

	31.03.2026		30.09.2024
	£		£
Trade debtors	6,859		7,365
Other debtors	1,108		406
	7,967		7,771

5. Creditors: amounts falling due within one year

	31.03.2026		30.09.2024
	£		£
Taxation and social security	5,120		0
Other creditors	9,814		32,932
	14,934		32,932

6. Called-up share capital

	31.03.2026		30.09.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100