REGISTERED NUMBER: |
METALIMPEX (U.K.) LIMITED |
Financial Statements for the Year Ended 31 December 2023 |
REGISTERED NUMBER: |
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: |
Registered office: |
Registered number: |
Auditors: |
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 |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds |
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 |
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 |
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 Boone Comenor Metalimpex SAS have indicated that support is ongoing and will not be withdrawn within 12 months from the date of approval of these financial statements.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 |
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 |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
VAT | 4,082 | 16,944 |
Amounts owed to group |
interests |
Accrued expenses |
6. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
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 |