MACC SCRAP METALS LTD

Company Registration Number:
12526533 (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

MACC SCRAP METALS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

MACC SCRAP METALS LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 189,581 163,561
Total fixed assets: 189,581 163,561
Current assets
Stocks: 162,500 178,000
Cash at bank and in hand: 70,673 85,224
Total current assets: 233,173 263,224
Creditors: amounts falling due within one year:   (3,089)
Net current assets (liabilities): 230,084 263,224
Total assets less current liabilities: 419,665 426,785
Creditors: amounts falling due after more than one year:   (221,145) (212,722)
Total net assets (liabilities): 198,520 214,063
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 198,420 213,963
Shareholders funds: 198,520 214,063

The notes form part of these financial statements

MACC SCRAP METALS LTD

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: MS C A STORM
Status: Director

The notes form part of these financial statements

MACC SCRAP METALS LTD

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 Section 1A (Small Entities) of Financial Reporting Standard 102

MACC SCRAP METALS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 4 1

MACC SCRAP METALS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 207,900
Additions 85,000
At 31 March 2023 292,900
Depreciation
At 01 April 2022 44,339
Charge for year 58,980
At 31 March 2023 103,319
Net book value
At 31 March 2023 189,581
At 31 March 2022 163,561