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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
Page
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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
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A. & C. SHEET METAL LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
173,454 
108,786 
Current assets
Inventories
1,000 
1,000 
Debtors
123,154 
88,497 
Cash at bank and in hand
67,681 
138,744 
191,835 
228,241 
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 
Capital and reserves
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
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A. & C. SHEET METAL LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At 1 August 2023
217,118 
Additions
87,650 
Disposals
(14,895)
At 31 July 2024
289,873 
Depreciation
At 1 August 2023
108,332 
Charge for the year
21,035 
On disposals
(12,948)
At 31 July 2024
116,419 
Net book value
At 31 July 2024
173,454 
At 31 July 2023
108,786 
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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 
2024 
2023 
£ 
£ 
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 
545 
7,089 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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