INDUCTION MELTING REPAIRS LIMITED

Company Registration Number:
04360240 (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

INDUCTION MELTING REPAIRS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

INDUCTION MELTING REPAIRS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 84,469 105,476
Total fixed assets: 84,469 105,476
Current assets
Stocks: 10,000 10,000
Debtors:   178,319 160,014
Cash at bank and in hand: 333,095 202,290
Total current assets: 521,414 372,304
Creditors: amounts falling due within one year:   (201,489) (233,194)
Net current assets (liabilities): 319,925 139,110
Total assets less current liabilities: 404,394 244,586
Creditors: amounts falling due after more than one year:   (9,513) (35,624)
Provision for liabilities: (60,023) (19,605)
Total net assets (liabilities): 334,858 189,357
Capital and reserves
Called up share capital: 106 106
Profit and loss account: 334,752 189,251
Shareholders funds: 334,858 189,357

The notes form part of these financial statements

INDUCTION MELTING REPAIRS 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 18 October 2023
and signed on behalf of the board by:

Name: Paul Ulyett
Status: Director

The notes form part of these financial statements

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

INDUCTION MELTING REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

INDUCTION MELTING REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 251,153
Additions 3,027
At 31 March 2023 254,180
Depreciation
At 01 April 2022 145,677
Charge for year 24,034
At 31 March 2023 169,711
Net book value
At 31 March 2023 84,469
At 31 March 2022 105,476