Company Registration No. 8527927 (England and Wales)
A & E Metals Limited
Unaudited accounts
for the year ended 31 October 2024
A & E Metals Limited
Unaudited accounts
Contents
A & E Metals Limited
Company Information
for the year ended 31 October 2024
Directors
Mr A Darmody
Mrs C Darmody
Company Number
8527927 (England and Wales)
Registered Office
23 Birkett Drive
Ribbleton
Preston
PR2 6HE
A & E Metals Limited
Statement of financial position
as at 31 October 2024
Tangible assets
15,947
21,262
Cash at bank and in hand
19,456
26,898
Creditors: amounts falling due within one year
(77,212)
(87,506)
Net current liabilities
(56,236)
(59,178)
Net liabilities
(40,289)
(37,916)
Called up share capital
2
2
Profit and loss account
(40,291)
(37,918)
Shareholders' funds
(40,289)
(37,916)
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by
Mr A Darmody
Director
Company Registration No. 8527927
A & E Metals Limited
Notes to the Accounts
for the year ended 31 October 2024
A & E Metals Limited is a private company, limited by shares, registered in England and Wales, registration number 8527927. The registered office is 23 Birkett Drive, Ribbleton, Preston, PR2 6HE.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
25% of written down value
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
1,000
49,362
50,362
At 31 October 2024
1,000
49,362
50,362
At 1 November 2023
912
28,188
29,100
Charge for the year
22
5,293
5,315
At 31 October 2024
934
33,481
34,415
At 31 October 2024
66
15,881
15,947
At 31 October 2023
88
21,174
21,262
Amounts falling due within one year
A & E Metals Limited
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
27,954
26,131
Other creditors
1,096
24,856
Loans from directors
48,162
36,519
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).