Registered number:
UNAUDITED
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 28 FEBRUARY 2024
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METWELD SHEET METAL & LASER LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF METWELD SHEET METAL & LASER LIMITED
FOR THE PERIOD ENDED 28 FEBRUARY 2024
Page 1
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METWELD SHEET METAL & LASER LIMITED
REGISTERED NUMBER: 14649725
BALANCE SHEET
AS AT 28 FEBRUARY 2024
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
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METWELD SHEET METAL & LASER LIMITED
REGISTERED NUMBER: 14649725
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2024
The notes on pages 4 to 8 form part of these financial statements.
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METWELD SHEET METAL & LASER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
Metweld Sheet Metal & Laser Limited is a company limited by shares which was incorporated in England.
The principle place of business is:- Unit 7, Haslemere Way, Tramway Industrial Estate, Banbury, Oxfordshire, OX16 5TY.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:
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METWELD SHEET METAL & LASER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
2.Accounting policies (continued)
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METWELD SHEET METAL & LASER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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METWELD SHEET METAL & LASER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
Page 7
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METWELD SHEET METAL & LASER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
Page 8
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