FOULDS METALS LIMITED

Company Registration Number:
04475625 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

FOULDS METALS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

FOULDS METALS LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,442,262 1,758,674
Total fixed assets: 1,442,262 1,758,674
Current assets
Stocks: 20,000 20,000
Debtors:   974,331 465,152
Cash at bank and in hand: 2,017,925 1,935,664
Total current assets: 3,012,256 2,420,816
Creditors: amounts falling due within one year:   (622,344) (587,211)
Net current assets (liabilities): 2,389,912 1,833,605
Total assets less current liabilities: 3,832,174 3,592,279
Creditors: amounts falling due after more than one year:   (7,345) (51,753)
Total net assets (liabilities): 3,824,829 3,540,526
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,824,729 3,540,426
Shareholders funds: 3,824,829 3,540,526

The notes form part of these financial statements

FOULDS METALS LIMITED

Balance sheet statements

For the year ending 31 July 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 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 September 2024
and signed on behalf of the board by:

Name: Mr Ian Barnes
Status: Director

The notes form part of these financial statements

FOULDS METALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FOULDS METALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 16 19

FOULDS METALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 2,998,440
Additions 66,966
Disposals (215,170)
At 31 July 2024 2,850,236
Depreciation
At 01 August 2023 1,239,766
Charge for year 172,356
On disposals (4,148)
At 31 July 2024 1,407,974
Net book value
At 31 July 2024 1,442,262
At 31 July 2023 1,758,674