Company Registration No. 08282327 (England and Wales)
CarmarthenshireMetalRecycling Limited
Unaudited accounts
for the year ended 30 November 2023
CarmarthenshireMetalRecycling Limited
Unaudited accounts
Contents
CarmarthenshireMetalRecycling Limited
Company Information
for the year ended 30 November 2023
Company Number
08282327 (England and Wales)
Registered Office
Troed Rhiw Fawr
Pontwelli
Llandysul
Ceredigion
SA44 4RS
Accountants
Waltwood Accountants
46 Gurnos Road
Ystalyfera
Swansea
SA9 2HY
CarmarthenshireMetalRecycling Limited
Statement of financial position
as at 30 November 2023
Tangible assets
222,091
168,659
Cash at bank and in hand
240,983
467,812
Creditors: amounts falling due within one year
(10,295)
(41,730)
Net current assets
351,747
426,082
Total assets less current liabilities
573,838
594,741
Creditors: amounts falling due after more than one year
(2,207)
(38,952)
Net assets
571,631
555,789
Called up share capital
2
2
Profit and loss account
571,629
555,787
Shareholders' funds
571,631
555,789
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2024 and were signed on its behalf by
Mr K J Clifford
Director
Company Registration No. 08282327
CarmarthenshireMetalRecycling Limited
Notes to the Accounts
for the year ended 30 November 2023
CarmarthenshireMetalRecycling Limited is a private company, limited by shares, registered in England and Wales, registration number 08282327. The registered office is Troed Rhiw Fawr, Pontwelli, Llandysul, Ceredigion, SA44 4RS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
169,520
259,481
429,001
Additions
127,462
-
127,462
At 30 November 2023
296,982
259,481
556,463
At 1 December 2022
106,144
154,198
260,342
Charge for the year
47,710
26,320
74,030
At 30 November 2023
153,854
180,518
334,372
At 30 November 2023
143,128
78,963
222,091
At 30 November 2022
63,376
105,283
168,659
CarmarthenshireMetalRecycling Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,089
7,238
Taxes and social security
3,206
34,492
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
2,207
38,952
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).