Company Registration No. 11581266 (England and Wales)
Barrow Scrap Metal Ltd
Unaudited accounts
for the period from 6 April 2023 to 31 July 2024
Barrow Scrap Metal Ltd
Unaudited accounts
Contents
Barrow Scrap Metal Ltd
Company Information
for the period from 6 April 2023 to 31 July 2024
Directors
Mr Mark Gelling
Miss Kathleen O'Connor
Company Number
11581266 (England and Wales)
Registered Office
Market Street House
72 Market Street
Dalton in Furness
Cumbria
LA15 8AA
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
Barrow Scrap Metal Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
162
67,970
Cash at bank and in hand
101,857
70,790
Creditors: amounts falling due within one year
(12,621)
(16,403)
Net current assets
89,236
54,387
Total assets less current liabilities
89,398
122,357
Creditors: amounts falling due after more than one year
(11,400)
(11,400)
Profit and loss account
77,996
110,955
Shareholders' funds
77,998
110,957
For the period ending 31 July 2024 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 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 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 of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
Mr Mark Gelling
Director
Company Registration No. 11581266
Barrow Scrap Metal Ltd
Notes to the Accounts
for the period from 6 April 2023 to 31 July 2024
Barrow Scrap Metal Ltd is a private company, limited by shares, registered in England and Wales, registration number 11581266. The registered office is Market Street House, 72 Market Street, Dalton in Furness, Cumbria, LA15 8AA.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 6 April 2023
108,618
548
109,166
Disposals
(116,748)
-
(116,748)
At 31 July 2024
(88)
548
460
At 6 April 2023
40,918
278
41,196
Charge for the period
22,101
116
22,217
On disposals
(63,115)
-
(63,115)
At 31 July 2024
(96)
394
298
At 5 April 2023
67,700
270
67,970
Barrow Scrap Metal Ltd
Notes to the Accounts
for the period from 6 April 2023 to 31 July 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,770
6,185
Loans from directors
(41)
(12)
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).