Company Registration No. 10562450 (England and Wales)
Weis Metal Ltd
Unaudited accounts
for the year ended 31 March 2024
Weis Metal Ltd
Unaudited accounts
Contents
Weis Metal Ltd
Company Information
for the year ended 31 March 2024
Company Number
10562450 (England and Wales)
Registered Office
103 Penwith Road
London
SW18 4PY
United Kingdom
Weis Metal Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
74,697
38,940
Creditors: amounts falling due within one year
(25,461)
(30,172)
Net current assets
49,277
10,881
Called up share capital
100
100
Profit and loss account
49,177
10,781
Shareholders' funds
49,277
10,881
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 April 2024 and were signed on its behalf by
Martin Weis
Director
Company Registration No. 10562450
Weis Metal Ltd
Notes to the Accounts
for the year ended 31 March 2024
Weis Metal Ltd is a private company, limited by shares, registered in England and Wales, registration number 10562450. The registered office is 103 Penwith Road, London, SW18 4PY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,265
7,190
Loans from directors
8,962
22,982
Weis Metal Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Transactions with related parties
Mr M Weis is the sole director of the company and owns 100% of the issued share capital.
At the balance sheet date, Mr. M Weis was owed £8,962 by the company (2023 - £20,982)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).