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REGISTERED NUMBER: 09736002 (England and Wales)











Unaudited Financial Statements

for the Period 1 September 2023 to 31 March 2024

for

All Metal Fabrication Limited

All Metal Fabrication Limited (Registered number: 09736002)






Contents of the Financial Statements
for the Period 1 September 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


All Metal Fabrication Limited

Company Information
for the Period 1 September 2023 to 31 March 2024







DIRECTORS: T S Wood
F Ward





REGISTERED OFFICE: Unit C31 Straight Mile
Bourton
Rugby
CV23 9QQ





REGISTERED NUMBER: 09736002 (England and Wales)





ACCOUNTANTS: Leigh Christou Ltd
Chartered Certified Accountants
Leofric House
Binley Road
Coventry
CV3 1JN

All Metal Fabrication Limited (Registered number: 09736002)

Balance Sheet
31 March 2024

31.3.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,489 68,085

CURRENT ASSETS
Stocks - 10,000
Debtors 5 100,227 17,297
Cash at bank 22,599 5,377
122,826 32,674
CREDITORS
Amounts falling due within one year 6 133,555 41,759
NET CURRENT LIABILITIES (10,729 ) (9,085 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,760

59,000

CREDITORS
Amounts falling due after more than one
year

7

(15,579

)

(18,446

)

PROVISIONS FOR LIABILITIES (14,515 ) -
NET ASSETS 33,666 40,554

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,566 40,454
33,666 40,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

All Metal Fabrication Limited (Registered number: 09736002)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 Board of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by:





T S Wood - Director


All Metal Fabrication Limited (Registered number: 09736002)

Notes to the Financial Statements
for the Period 1 September 2023 to 31 March 2024

1. STATUTORY INFORMATION

All Metal Fabrication Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 3 years, Straight line over 4 years and Straight line over 5 years
Fixtures and fittings - Straight line over 5 years and Straight line over 6 years
Motor vehicles - Straight line over 3 years and Straight line over 5 years
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

All Metal Fabrication Limited (Registered number: 09736002)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Home Plant and and
Office machinery fittings
£    £    £   
COST
At 1 September 2023 - 106,719 32,569
Additions 9,362 17,623 3,717
Disposals - (9,623 ) -
At 31 March 2024 9,362 114,719 36,286
DEPRECIATION
At 1 September 2023 - 64,863 6,952
Charge for period 600 9,917 3,925
Eliminated on disposal - - -
At 31 March 2024 600 74,780 10,877
NET BOOK VALUE
At 31 March 2024 8,762 39,939 25,409
At 31 August 2023 - 41,856 25,617

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 21,990 - 161,278
Additions - 532 31,234
Disposals (21,990 ) - (31,613 )
At 31 March 2024 - 532 160,899
DEPRECIATION
At 1 September 2023 21,378 - 93,193
Charge for period 612 153 15,207
Eliminated on disposal (21,990 ) - (21,990 )
At 31 March 2024 - 153 86,410
NET BOOK VALUE
At 31 March 2024 - 379 74,489
At 31 August 2023 612 - 68,085

All Metal Fabrication Limited (Registered number: 09736002)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.8.23
£    £   
Trade debtors 132 656
Other debtors 100,095 16,641
100,227 17,297

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.8.23
£    £   
Bank loans and overdrafts - 12
Trade creditors 6,559 15,828
Taxation and social security 46,330 25,919
Other creditors 80,666 -
133,555 41,759

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.8.23
£    £   
Bank loans 15,579 18,446

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024 and the year ended 31 August 2023:

31.3.24 31.8.23
£    £   
T S Wood
Balance outstanding at start of period 14,741 31,461
Amounts advanced 18,537 -
Amounts repaid (14,741 ) (16,720 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 18,537 14,741

The above loans are charged at HMRC's official rate of interest and are repaid in full following the balance sheet date.

9. RELATED PARTY DISCLOSURES

Also included within other debtors is an amount due to the company in respect of the sale of the former business Tom's Targets, a brand of All Metal Fabrication Limited. £79,227 is outstanding in respect of this, this amount is interest free.

10. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and previous period by Mr T S Wood and Mrs F Ward by virtue of their majority shareholding.