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REGISTERED NUMBER: 03864921 (England and Wales)















Financial Statements for the Year Ended 31 December 2022

for

Metals Commodity Trading Ltd

Metals Commodity Trading Ltd (Registered number: 03864921)






Contents of the Financial Statements
for the year ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Metals Commodity Trading Ltd

Company Information
for the year ended 31 December 2022







DIRECTOR: E K C Tang



REGISTERED OFFICE: Unit 1b Hood Lane Farm
Ansley Lane
Ansley Village
Nuneaton
Warwickshire
CV10 9ND



REGISTERED NUMBER: 03864921 (England and Wales)



BANKERS: HSBC Bank
422 Foleshill Road
Coventry
CV6 5AL

Metals Commodity Trading Ltd (Registered number: 03864921)

Balance Sheet
31 December 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 704,630 704,630
Cash at bank and in hand 43,830 43,830
748,460 748,460
CREDITORS
Amounts falling due within one year 5 753,922 753,922
NET CURRENT LIABILITIES (5,462 ) (5,462 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,462 ) (5,462 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (5,464 ) (5,464 )
SHAREHOLDERS' FUNDS (5,462 ) (5,462 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2023 and were signed by:





E K C Tang - Director


Metals Commodity Trading Ltd (Registered number: 03864921)

Notes to the Financial Statements
for the year ended 31 December 2022

1. STATUTORY INFORMATION

Metals Commodity Trading Ltd 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 704,522 704,522
VAT 108 108
704,630 704,630

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 641,270 641,270
Corporation tax payable 279 279
PAYE account 275 275
Directors' current accounts 111,673 111,673
Accrued expenses 425 425
753,922 753,922

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.