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Company registration number: 02563430
ABS Metals Limited
Trading as ABS Metals Limited
Unaudited filleted financial statements
31 January 2024
ABS Metals Limited
Contents
Statement of financial position and notes to the financial statements
ABS Metals Limited
Statement of financial position
31st January 2024
2024 2023
£ £ £ £
Fixed assets 8,293 13,853
_______ _______
Current assets 286,889 303,966
Prepayments and accrued income 3,388 3,552
_______ _______
290,277 307,518
Creditors: amounts falling due within one year ( 93,958) ( 113,219)
_______ _______
Net current assets 196,319 194,299
_______ _______
Total assets less current liabilities 204,612 208,152
Creditors: amounts falling due after more than one year ( 12,667) ( 24,464)
Accruals and deferred income ( 7,890) ( 2,639)
_______ _______
Net assets 184,055 181,049
_______ _______
Capital and reserves 184,055 181,049
_______ _______
Notes to the financial statements
ABS Metals Limited
Year ended 31st January 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2023: 7 ).
Including Directors
2. Other financial commitments
Financial commitments amounts not provided for in the balance sheetThe total amount of financial commitments not included in the balance sheet is £12,000 (2023 - £30,000). This relates to rent.
3. Contingent assets and liabilities
Mr E Nicholls has given a personal guarantee in respect of the bank facility.
4. Directors advances, credits and guarantees
There were no Directors loans,credits or guarantees in the year.
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 14 September 2024 , and are signed on behalf of the board by:
Mr. Eric Nicholls
Director
Company registration number: 02563430
The company is a private company limited by shares, registered in England. The address of the registered office is The Athenaeum, Kimberley Place, Falmouth, Cornwall, TR11 3QL.