INDUCTION MELTING REPAIRS LIMITED

Company Registration Number:
04360240 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

INDUCTION MELTING REPAIRS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

INDUCTION MELTING REPAIRS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 94,178 84,469
Total fixed assets: 94,178 84,469
Current assets
Stocks: 10,000 10,000
Debtors:   179,648 178,319
Cash at bank and in hand: 318,443 333,095
Total current assets: 508,091 521,414
Creditors: amounts falling due within one year:   (131,663) (201,489)
Net current assets (liabilities): 376,428 319,925
Total assets less current liabilities: 470,606 404,394
Creditors: amounts falling due after more than one year:   (21,000) (9,513)
Provision for liabilities: (73,593) (60,023)
Total net assets (liabilities): 376,013 334,858
Capital and reserves
Called up share capital: 106 106
Profit and loss account: 375,907 334,752
Shareholders funds: 376,013 334,858

The notes form part of these financial statements

INDUCTION MELTING REPAIRS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2024
and signed on behalf of the board by:

Name: Paul Ulyett
Status: Director

The notes form part of these financial statements

INDUCTION MELTING REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INDUCTION MELTING REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

INDUCTION MELTING REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 254,180
Additions 39,813
Disposals (18,000)
At 31 March 2024 275,993
Depreciation
At 01 April 2023 169,711
Charge for year 26,243
On disposals (14,139)
At 31 March 2024 181,815
Net book value
At 31 March 2024 94,178
At 31 March 2023 84,469