REGISTERED NUMBER: 11451559 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2026

for

Metalbird UK Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Stocks

57,621

70,513

Debtors

5

19,244

253,342

Cash at bank

22,669

8,775

99,534

332,630

CREDITORS

Amounts falling due within one year

6

149,632

381,966

NET CURRENT LIABILITIES

(50,098

)

(49,336

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(50,098

)

(49,336

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(51,098

)

(50,336

)

(50,098

)

(49,336

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

P J Walters - Director

J W Neely - Director

1.	STATUTORY INFORMATION

Metalbird UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11451559

Registered office:

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The balance sheet shows a negative position at the year end. The director's are satisfied the company is a going concern and that support will be given to the company from the parent company as necessary.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stock and work in progress is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

Despite the negative reserves the directors consider the company to be a going concern and the accounts have been prepared on that basis. The company continues to have the support of the group and in particular the parent company. The directors realise that the company cannot continue to make losses and are currently looking at ways this can be rectified before making any final decisions. Some changes have already been implemented and it is clear these have moved the company in the correct direction with losses this year being signficantly less than last year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

2,362

DEPRECIATION

At 1 April 2025

and 31 March 2026

2,362

NET BOOK VALUE

At 31 March 2026

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

394

832

Amounts owed by group undertakings

-

235,983

Other debtors

18,850

16,527

19,244

253,342

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

4,436

28,192

Amounts owed to group undertakings

122,755

322,623

Taxation and social security

14,295

20,658

Other creditors

8,146

10,493

149,632

381,966

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Walters and J W Neely as majority shareholders of parent company MOA Holdings Ltd.