METALTECH (BOLTON) LIMITED

Company Registration Number:
07077218 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

METALTECH (BOLTON) LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

METALTECH (BOLTON) LIMITED

Company Information

for the Period Ended 30 November 2023




Director: David Bell
Paul Meyrick
Terence Keenan
Registered office: Unit 31 Hindley Business Centre
Platt Lane
Hindley
Wigan
England
WN2 3PA
Company Registration Number: 07077218 (England and Wales)

METALTECH (BOLTON) LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

The company's principal activity during the period was the precision sheet metal fabrication.

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
David Bell
Paul Meyrick
Terence Keenan

This report was approved by the board of directors on 4 October 2024
And Signed On Behalf Of The Board By:

Name: Paul Meyrick
Status: Director

Name: Terence Keenan
Status: Director

METALTECH (BOLTON) LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,589 1,870
Total fixed assets: 1,589 1,870
Current assets
Stocks: 8,428 8,563
Debtors: 88,529 72,250
Cash at bank and in hand: 465,161 426,552
Total current assets: 562,118 507,365
Creditors: amounts falling due within one year: ( 345,954 ) ( 275,924 )
Net current assets (liabilities): 216,164 231,441
Total assets less current liabilities: 217,753 233,311
Creditors: amounts falling due after more than one year: 5 ( 15,854 ) ( 25,433 )
Provision for liabilities: ( 353 ) ( 355 )
Total net assets (liabilities): 201,546 207,523

The notes form part of these financial statements

METALTECH (BOLTON) LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 6 6
Profit and loss account: 201,540 207,517
Shareholders funds: 201,546 207,523

For the year ending 30 November 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 October 2024
And Signed On Behalf Of The Board By:

Name: Paul Meyrick
Status: Director

Name: Terence Keenan
Status: Director

The notes form part of these financial statements

METALTECH (BOLTON) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

    Plant and machinery - 15% reducing balance

METALTECH (BOLTON) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

METALTECH (BOLTON) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

METALTECH (BOLTON) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 15,200
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2023 15,200
Depreciation
At 01 December 2022 13,330
Charge for year 281
On disposals -
Other adjustments -
At 30 November 2023 13,611
Net book value
At 30 November 2023 1,589
At 30 November 2022 1,870

METALTECH (BOLTON) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due after more than one year note

Bank Loan and overdrafts

METALTECH (BOLTON) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.1.Related party disclosures

Name of related party: Burnertech Combustion Engineers Limited
Description of relationship:
Company which Mr D T Bell is a Director
Description of the transaction:
During the year the company sold goods in the normal course of business to Burnertech Combustion Engineers Limited, a company which Mr D T Bell is a director. The amount sold during the year was £137,942 (202 2: £238,450)
Balance at 01 December 2022 48,646
Balance at 30 November 2023 39,656

Name of related party: Burnertech Combustion Engineers Limited
Description of relationship:
A company which Mr D T Bell is a Director of.
Description of the transaction:
During the year the company operated from the premises of Burnertech Combustion Engineers Limited, a company which Mr D T Bell is a director. The company paid rent on normal commercial terms in the sum £30,843 (2022 : £30,843) for the year.
Balance at 01 December 2022 0
Balance at 30 November 2023 0