05110119 2023-04-01 2024-03-31 05110119 uk-bus:Director1 2023-04-01 2024-03-31 05110119 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05110119 uk-bus:Micro-entities 2023-04-01 2024-03-31 05110119 uk-bus:FullAccounts 2023-04-01 2024-03-31 05110119 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05110119 curr:PoundSterling 2023-04-01 2024-03-31 05110119 2023-04-01 05110119 2024-03-31 05110119 2024-03-31 05110119 2022-04-01 2023-03-31 05110119 2023-03-31 xbrli:pure iso4217:GBP 05110119 2022-04-01 2023-03-31
Company Registration Number : 05110119 (England and Wales)
05110119
The company was trading for the entire period
false
The accounts were prepared in accordance with FRS102
The accounts have been audited
Full Accounts
This company is a private limited company
This company sells stuff to other companies
2024-03-31
ACCURATE WELDING & ENGINEERING LIMITED
Cristian Iulian PRODAN
2023-04-01
ACCURATE WELDING & ENGINEERING LIMITED
Contents
For the year ended 31 March 2024

CONTENTS PAGE
Company Information 3
Director's Report 4
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Detailed Income Statement 8

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ACCURATE WELDING & ENGINEERING LIMITED
Company Information
For the year ended 31 March 2024

Director Cristian Iulian PRODAN
Company number 05110119
Registered office 37 Melton Gardens
Romford
RM1 2AS

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ACCURATE WELDING & ENGINEERING LIMITED
Director's Report
For the year ended 31 March 2024

The director presents his/her report and the Unaudited Financial Statements of the company for the year ended 31 March 2024.
Principal activity
engineering
Director of the company
The following directors held office during the whole of the period:
Cristian Iulian PRODAN
Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 105.
Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;
-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the board of directors
..........................................
Cristian Iulian PRODAN (Director)
Approved by the board on:
2024-08-27 27 August 2024

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ACCURATE WELDING & ENGINEERING LIMITED
Accountant's Report
For the year ended 31 March 2024

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of ACCURATE WELDING & ENGINEERING LIMITED for the year ended 31 March 2024.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ACCURATE WELDING & ENGINEERING LIMITED for the year ended 31 March 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
2024-08-27 Date: 27 August 2024

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ACCURATE WELDING & ENGINEERING LIMITED
Income Statement
For the year ended 31 March 2024

2024 2023
£ £
Turnover 180,829 285,381
Other income 110 3
Cost of sales (171,651) (269,415)
Staff costs - (9,000)
Other charges (5,921) (4,584)
Tax (640) (453)
Profit/(Loss) 2,727 1,931

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ACCURATE WELDING & ENGINEERING LIMITED
Statement of Financial Position
For the year ended 31 March 2024

2024-03-31
2024 2023
£ £
Fixed assets 47,900 47,900
Current assets 36,233 49,554
Creditors: Amounts falling due within one year (24,719) (40,767)
Net current assets/(liabilities) 11,514 8,787
Total assets less current liabilities 59,414 56,687
Net assets/(liabilities) 59,414 56,687
Capital and reserves 59,414 56,687
1 General information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 37 Melton Gardens, Romford, RM1 2AS.

2 Average number of employees
During the year, the average number of employees including director was 0 (2023:0).
For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • For the year ending 31 March 2024 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 2024-08-27 27 August 2024 and signed on behalf of the board by:
.............................
Cristian Iulian PRODAN (Director)
Company registration number. 05110119

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ACCURATE WELDING & ENGINEERING LIMITED
Detailed Income Statement
For the year ended 31 March 2024

This section does not form part of the statutory accounts.

2024 2023
£ £
Turnover 180,829 285,381
Less: Cost of sales
office supplies 338 144
Purchases 29,761 107,134
Labour - Cost of Sale 127,035 99,576
Subcontractor costs 6,394 50,308
Motor expenses 8,124 12,254
171,651 269,415
Gross profit/(loss)
9,178 9,178
15,965 15,965
Less: Staff costs
Directors' Remuneration - 4,800
Employee Salary Expense - 4,200
- 9,000
Less: Administrative expenses
Advertising and Marketing - 10
UK and Overseas Travel Costs 2,533 1,368
Hotels and Accommodation Costs 596 -
Subsistence 163 62
Legal and Professional Fees - 350
Printing, Postage and Stationery 30 -
Telephone and Internet 2,016 2,257
Subscriptions 277 154
Bank Fees 306 383
5,921 4,584
Add: Interest receivable and similar income
bank interest 110 3
110 110 3 3
Net profit/(loss) for the year before tax
3,367 3,367
2,384 2,384
Less: Tax 640 453
Net profit/(loss) for the year after tax 2,727 1,931

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