Acorah Software Products - Accounts Production 19.2.450 false true true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 13295116 E Littler R A McMaster M S Murray R A Senior J A Thomas R A McMaster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13295116 2025-03-31 13295116 2026-03-31 13295116 2025-04-01 2026-03-31 13295116 frs-core:CurrentFinancialInstruments 2026-03-31 13295116 frs-core:Non-currentFinancialInstruments 2026-03-31 13295116 frs-core:ComputerEquipment 2026-03-31 13295116 frs-core:ComputerEquipment 2025-04-01 2026-03-31 13295116 frs-core:ComputerEquipment 2025-03-31 13295116 frs-core:PlantMachinery 2026-03-31 13295116 frs-core:PlantMachinery 2025-04-01 2026-03-31 13295116 frs-core:PlantMachinery 2025-03-31 13295116 frs-core:SharePremium 2026-03-31 13295116 frs-core:ShareCapital 2026-03-31 13295116 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 13295116 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13295116 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 13295116 frs-bus:SmallEntities 2025-04-01 2026-03-31 13295116 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13295116 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13295116 frs-bus:Director1 2025-04-01 2026-03-31 13295116 frs-bus:Director2 2025-04-01 2026-03-31 13295116 frs-bus:Director3 2025-04-01 2026-03-31 13295116 frs-bus:Director4 2025-04-01 2026-03-31 13295116 frs-bus:Director5 2025-04-01 2026-03-31 13295116 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 13295116 frs-countries:EnglandWales 2025-04-01 2026-03-31 13295116 2024-03-31 13295116 2025-03-31 13295116 2024-04-01 2025-03-31 13295116 frs-core:CurrentFinancialInstruments 2025-03-31 13295116 frs-core:Non-currentFinancialInstruments 2025-03-31 13295116 frs-core:SharePremium 2025-03-31 13295116 frs-core:ShareCapital 2025-03-31 13295116 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 13295116
Metallobio Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13295116
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,015 2,089
2,015 2,089
CURRENT ASSETS
Debtors 5 6,849 23,354
Cash at bank and in hand 443,188 620,414
450,037 643,768
Creditors: Amounts Falling Due Within One Year 6 (33,974 ) (16,565 )
NET CURRENT ASSETS (LIABILITIES) 416,063 627,203
TOTAL ASSETS LESS CURRENT LIABILITIES 418,078 629,292
Creditors: Amounts Falling Due After More Than One Year 7 (367,892 ) (349,796 )
NET ASSETS 50,186 279,496
CAPITAL AND RESERVES
Called up share capital 8 124 120
Share premium account 844,063 704,504
Profit and Loss Account (794,001 ) (425,128 )
SHAREHOLDERS' FUNDS 50,186 279,496
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For the year ending 31 March 2026 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
E Littler
Director
7 August 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Metallobio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13295116 . The registered office is The Innovation Centre, 217 Portobello, Sheffield, South Yorkshire, S1 4DP.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis which the directors consider to be appropriate
for the following reasons.
The directors have prepared a medium term financial plan, including cash flow forecasts for a period of 18 months
from the date of approval of these financial statements which indicate that the company will have sufficient funds to
meet its liabilities as they fall due for a period of 12 months from the date of approval of the financial statements.
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:
Plant & Machinery 25%
Computer Equipment 33.33%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2025: 4)
5 4
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 858 2,979 3,837
Additions - 1,123 1,123
As at 31 March 2026 858 4,102 4,960
Depreciation
As at 1 April 2025 18 1,730 1,748
Provided during the period 214 983 1,197
As at 31 March 2026 232 2,713 2,945
Net Book Value
As at 31 March 2026 626 1,389 2,015
As at 1 April 2025 840 1,249 2,089
5. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 4,480 5,484
Other debtors - 16,438
VAT 2,369 1,432
6,849 23,354
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 17,839 6,892
Other taxes and social security 9,698 9,007
Accruals and deferred income 6,437 666
33,974 16,565
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Amounts owed to related parties 367,892 349,796
As at 31st March 2026 the amount outstanding to The University of Sheffield, a shareholder in the Company, for convertible loan facilities and deferred fees, including interest, was £367,892 (2025: £349,796). 
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8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 124 120
During the year the Company issued 35,422 Ordinary A Shares for the subscription price of £3.94 per share.
A further 65,868 Ordinary A Shares were issued following the financial year end for the subscription price of £3.94 per share
9. Post Balance Sheet Events
Following the financial year end 65,868 Ordinary A shares were issued for the subscription price of £3.94 per share.
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