Company Registration No. 3401609 (England and Wales)
A. & C. SHEET METAL LIMITED
Unaudited accounts
for the year ended 31 July 2024
A. & C. SHEET METAL LIMITED
Unaudited accounts
Contents
A. & C. SHEET METAL LIMITED
Company Information
for the year ended 31 July 2024
Directors
Anthony Corless
Christopher Corless
Company Number
3401609 (England and Wales)
Registered Office
BARTON MOSS ROAD
ECCLES
MANCHESTER
GTR MANCHESTER
M30 7RL
Accountants
SM Norman Accountancy Ltd
33 Havisham Close
Birchwood
Warrington
Cheshire
WA3 7NB
A. & C. SHEET METAL LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
173,454
108,786
Cash at bank and in hand
67,681
138,744
Creditors: amounts falling due within one year
(71,157)
(108,370)
Net current assets
120,678
119,871
Total assets less current liabilities
294,132
228,657
Provisions for liabilities
Deferred tax
(43,363)
(27,197)
Net assets
250,769
201,460
Called up share capital
100
100
Profit and loss account
250,669
201,360
Shareholders' funds
250,769
201,460
For the year 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 5 September 2024 and were signed on its behalf by
Christopher Corless
Director
Company Registration No. 3401609
A. & C. SHEET METAL LIMITED
Notes to the Accounts
for the year ended 31 July 2024
A. & C. SHEET METAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 3401609. The registered office is BARTON MOSS ROAD, ECCLES, MANCHESTER, GTR MANCHESTER, M30 7RL.
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.
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:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
20% reducing balance basis
Computer equipment
20% reducing balance basis
4
Tangible fixed assets
Total
Charge for the year
21,035
A. & C. SHEET METAL LIMITED
Notes to the Accounts
for the year ended 31 July 2024
5
Deferred taxation
2024
2023
Accelerated capital allowances
43,363
27,197
Provision at start of year
27,197
21,819
Charged to the profit and loss account
16,166
5,378
Provision at end of year
43,363
27,197
6
Operating lease commitments
2024
2023
At 31 July 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
545
-
Later than one year and not later than five years
-
7,089
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).