Company Registration No. 11502411 (England and Wales)
SM WELDING AND FABRICATION LTD
Filleted Accounts
for the year ended 31 August 2024
SM WELDING AND FABRICATION LTD
Filleted Accounts
Contents
SM WELDING AND FABRICATION LTD
Company Information
for the year ended 31 August 2024
Company Number
11502411 (England and Wales)
Registered Office
3 WOODSIDE INDUSTRIAL ESTATE
WORKS ROAD
LETCHWORTH GARDEN CITY
SG6 1LA
ENGLAND
SM WELDING AND FABRICATION LTD
Statement of financial position
as at 31 August 2024
Tangible assets
19,850
24,822
Cash at bank and in hand
48,261
235,984
Creditors: amounts falling due within one year
(157,785)
(132,737)
Net current assets
167,212
217,808
Net assets
187,062
242,630
Called up share capital
1
1
Profit and loss account
187,061
242,629
Shareholders' funds
187,062
242,630
For the year ending 31 August 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 22 October 2024 and were signed on its behalf by
Saulius Miltenis
Director
Company Registration No. 11502411
SM WELDING AND FABRICATION LTD
Notes to the Accounts
for the year ended 31 August 2024
SM WELDING AND FABRICATION LTD is a private company, limited by shares, registered in England and Wales, registration number 11502411. The registered office is 3 WOODSIDE INDUSTRIAL ESTATE, WORKS ROAD, LETCHWORTH GARDEN CITY, SG6 1LA, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
-
37,705
37,705
At 31 August 2024
3,211
37,705
40,916
At 1 September 2023
-
12,883
12,883
Charge for the year
642
7,541
8,183
At 31 August 2024
642
20,424
21,066
At 31 August 2024
2,569
17,281
19,850
At 31 August 2023
-
24,822
24,822
Amounts falling due within one year
Trade debtors
275,806
114,285
SM WELDING AND FABRICATION LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,675
20,931
Other creditors
2,757
1,613
Loans from directors
123,528
104,908
7
Average number of employees
During the year the average number of employees was 9 (2023: 6).