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Registration number: 12970412

Spencer International Metals Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2023

 

Spencer International Metals Limited

Contents

Company Information

1

Accountants' Report

2

Profit and Loss Account

3

Balance Sheet

4 to 5

Notes to the Unaudited Financial Statements

4

 

Spencer International Metals Limited

Company Information

Director

Mr Melvin John Coelho

Registered office

20-22 Wenlock Road
London
N1 7GU

Accountants

BBK Accountants BMM Limited
Chartered Certified Accountants
4A Roman Road
London
E6 3RX

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Spencer International Metals Limited
for the Year Ended 31 October 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Spencer International Metals Limited for the year ended 31 October 2023 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Spencer International Metals Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Spencer International Metals Limited and state those matters that we have agreed to state to the Board of Directors of Spencer International Metals Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spencer International Metals Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Spencer International Metals Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Spencer International Metals Limited. You consider that Spencer International Metals Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Spencer International Metals Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

BBK Accountants BMM Limited
Chartered Certified Accountants
4A Roman Road
London
E6 3RX

31 July 2024

 

Spencer International Metals Limited

Profit and Loss Account for the Year Ended 31 October 2023

2023
£

2022
£

Turnover

97,811

282,677

Cost of raw materials and consumables

(94,824)

(271,618)

Staff costs

-

(163)

Other charges

(9,331)

(6,612)

(Loss)/profit before tax

(6,344)

4,284

Tax on (loss)/profit

-

(932)

(Loss)/profit for the year

(6,344)

3,352

 

Spencer International Metals Limited

(Registration number: 12970412)
Balance Sheet as at 31 October 2023

2023
£

2022
£

Current assets

27,732

66,516

Prepayments and accrued income

-

27,978

Creditors: Amounts falling due within one year

(10,502)

(43,225)

Total assets less current liabilities

17,230

51,269

Accruals and deferred income

(660)

(28,355)

 

16,570

22,914

Capital and reserves

16,570

22,914

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
20-22 Wenlock Road
London
N1 7GU
United Kingdom

These financial statements were authorised for issue by the director on 31 July 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

 

Spencer International Metals Limited

(Registration number: 12970412)
Balance Sheet as at 31 October 2023

Approved and authorised by the director on 31 July 2024
 

.........................................
Mr Melvin John Coelho
Director