REGISTERED NUMBER: 03587140 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Met GeoEnvironmental Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

C J Jones

Sam Roberts

N R Harvey

SECRETARY:

J Flaherty

REGISTERED OFFICE:

Southgate House

Pontefract Road Stourton

Leeds

West Yorkshire

LS10 1SW

REGISTERED NUMBER:

03587140 (England and Wales)

ACCOUNTANTS:

Ford Campbell Freedman Limited

Chartered accountants

2nd Floor

33 Park Place

Leeds

LS1 2RY

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Met GeoEnvironmental Limited for the year ended 31 May 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Met GeoEnvironmental Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Met GeoEnvironmental Limited and state those matters that we have agreed to state to the Board of Directors of Met GeoEnvironmental Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Met GeoEnvironmental Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Met GeoEnvironmental Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Met GeoEnvironmental Limited. You consider that Met GeoEnvironmental Limited 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 financial statements of Met GeoEnvironmental Limited. 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 financial statements.

Ford Campbell Freedman Limited

Chartered accountants

2nd Floor

33 Park Place

Leeds

LS1 2RY

3 September 2026

FIXED ASSETS

Tangible assets

5

115,201

153,691

CURRENT ASSETS

Debtors

6

704,825

585,246

Cash at bank and in hand

432,274

470,084

1,137,099

1,055,330

CREDITORS

Amounts falling due within one year

7

310,005

233,001

NET CURRENT ASSETS

827,094

822,329

TOTAL ASSETS LESS CURRENT LIABILITIES

942,295

976,020

CREDITORS

Amounts falling due after more than one year

8

(15,095

)

(31,482

)

PROVISIONS FOR LIABILITIES

(18,233

)

(27,181

)

NET ASSETS

908,967

917,357

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

908,965

917,355

908,967

917,357

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by:

N R Harvey - Director

1.	STATUTORY INFORMATION

Met GeoEnvironmental Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going concern

The accounts have been prepared on the going concern basis as accessed by the directors. The directors have considered the current and future expectations for the company and funding available to it.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover,which is stated net of value added tax, represents sales to third parties, exclusive of Value Added Tax. Long term contracts are included in sales on the basis of claims rendered in respect of work performed during the year.

Tangible fixed assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery

- 20% straight line

Motor vehicles

- 25% straight line

Equipment

- 33% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Pension costs and other post-retirement benefits

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2025 - 41 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2025

561,627

276,535

46,001

884,163

Additions

36,735

-

5,812

42,547

At 31 May 2026

598,362

276,535

51,813

926,710

DEPRECIATION

At 1 June 2025

451,356

238,756

40,360

730,472

Charge for year

54,616

19,062

7,359

81,037

At 31 May 2026

505,972

257,818

47,719

811,509

NET BOOK VALUE

At 31 May 2026

92,390

18,717

4,094

115,201

At 31 May 2025

110,271

37,779

5,641

153,691

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

Plant and Machinery

Motor Vehicles

Total

£

£

£

At 31 May 2026

48,106

5,225

53,331

At 31 May 2025

94,204

17,541

111,745

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

595,824

451,353

Other debtors

99,001

123,893

694,825

575,246

Amounts falling due after more than one year:

Amounts owed by group undertakings

10,000

10,000

Aggregate amounts

704,825

585,246

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

28,718

42,714

Trade creditors

101,346

84,205

Taxation and social security

123,949

88,176

Other creditors

55,992

17,906

310,005

233,001

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

15,095

31,482

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

28,718

42,714

Between one and five years

15,095

31,482

43,813

74,196

Non-cancellable

operating leases

2026

2025

£

£

Within one year

46,609

1,888

Between one and five years

112,100

-

158,709

1,888

Total future minimum lease payments under non-cancellable operating leases.

10.	RELATED PARTY DISCLOSURES

Recharges and loan balance with companies under common ownership

During the year the company entered into transactions with this entity amounting to £nil (2025: £nil).

Rent charged by Directors

During the year the company was charged rent by the Directors amounting to £97,500 (2025: £97,500).

Loan with parent company

The below loans are due on demand and are not interest bearing.

2026

2025

£

£

Amount due from related party at the balance sheet date

10,000

10,000

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Southgate House Ltd.