D & E SCRAP METALS LIMITED

Company Registration Number:
07916380 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

D & E SCRAP METALS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

D & E SCRAP METALS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 408,692 423,202
Total fixed assets: 408,692 423,202
Current assets
Debtors:     25,252
Cash at bank and in hand: 222,881 225,581
Total current assets: 222,881 250,833
Creditors: amounts falling due within one year:   (103,518) (160,214)
Net current assets (liabilities): 119,363 90,619
Total assets less current liabilities: 528,055 513,821
Creditors: amounts falling due after more than one year:   (118,229) (95,072)
Total net assets (liabilities): 409,826 418,749
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 409,824 418,747
Shareholders funds: 409,826 418,749

The notes form part of these financial statements

D & E SCRAP METALS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 October 2023
and signed on behalf of the board by:

Name: Mr D Eagle
Status: Director

The notes form part of these financial statements

D & E SCRAP METALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is the sales income for the business excluding VAT and discounts

Tangible fixed assets and depreciation policy

All assets are depreciated at a rate of 5% straight line

D & E SCRAP METALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

D & E SCRAP METALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 697,757
Additions 21,504
At 31 March 2023 719,261
Depreciation
At 01 April 2022 274,555
Charge for year 36,014
At 31 March 2023 310,569
Net book value
At 31 March 2023 408,692
At 31 March 2022 423,202