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REGISTERED NUMBER: 01572265 (England and Wales)















METALIMPEX (U.K.) LIMITED

Financial Statements for the Year Ended 31 December 2023






METALIMPEX (U.K.) LIMITED (REGISTERED NUMBER: 01572265)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


METALIMPEX (U.K.) LIMITED

Company Information
for the year ended 31 December 2023







Director: L Boone





Registered office: C/O Cooper Parry
Sky View, Argosy Road
East Midlands Airport
Derby
Derbyshire
DE74 2SA





Registered number: 01572265 (England and Wales)





Auditors: Cooper Parry Group Limited
Statutory Auditor
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

METALIMPEX (U.K.) LIMITED (REGISTERED NUMBER: 01572265)

Balance Sheet
31 December 2023

2023 2022
Notes £ £
Current assets
Debtors 4 62,420 57,725
Cash at bank 190,514 65,489
252,934 123,214
Creditors
Amounts falling due within one year 5 190,153 101,482
Net current assets 62,781 21,732
Total assets less current liabilities 62,781 21,732

Capital and reserves
Called up share capital 10,000 10,000
Retained earnings 52,781 11,732
Shareholders' funds 62,781 21,732

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





L Boone - Director


METALIMPEX (U.K.) LIMITED (REGISTERED NUMBER: 01572265)

Notes to the Financial Statements
for the year ended 31 December 2023

1. Statutory information

Metalimpex (U.K.) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities"and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

In addition, the company has the support of it's immediate parent undertaking Boone Comenor Metalimpex SAS. Boone Comenor Metalimpex SAS have indicated that support is ongoing and will not be withdrawn within 12 months from the date of approval of these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.


3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

METALIMPEX (U.K.) LIMITED (REGISTERED NUMBER: 01572265)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 62,420 57,725

5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 144,538 5,553
VAT 4,082 16,944
Amounts owed to group
interests 35,233 33,992
Accrued expenses 6,300 44,993
190,153 101,482

6. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Andrew Hughes FCA (Senior Statutory Auditor)
for and on behalf of Cooper Parry Group Limited

7. Related party disclosures

A balance was outstanding at the year end of £35,233 (2022: £33,992), which is included within creditors due to the immediate parent company.

8. Ultimate controlling party

The immediate parent company is Boone Comenor Metalimpex SAS.

Registered Office and Principal Place of Business:
45 Rue Pasteur,
59520 Marquette-Lez
Lille
France

The ultimate parent company is Suez Group.

Registered Office and Principal Place of Business:
16 place de l'iris,
92040 Paris La Defense Cedex
France