NM METAL RECYCLING LTD

Company Registration Number:
12463089 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

NM METAL RECYCLING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

NM METAL RECYCLING LTD

Company Information

for the Period Ended 31 March 2024




Director: Nathan Simms
Matthew Wibberley
Registered office: Unit A1b
Hoyle Mill Road
Kinsley
Pontefract
England
WF9 5JB
Company Registration Number: 12463089 (England and Wales)

NM METAL RECYCLING LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Selling and buying scrap metal

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Nathan Simms
Matthew Wibberley

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: Nathan Simms
Status: Director

Name: Matthew Wibberley
Status: Director

NM METAL RECYCLING LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 239,964 304,652
Total fixed assets: 239,964 304,652
Current assets
Stocks: 35,000 35,000
Debtors: 6 165,431 64,844
Cash at bank and in hand: 38,878 108,237
Total current assets: 239,309 208,081
Creditors: amounts falling due within one year: 7 ( 421,372 ) ( 388,777 )
Net current assets (liabilities): ( 182,063 ) ( 180,696 )
Total assets less current liabilities: 57,901 123,956
Total net assets (liabilities): 57,901 123,956

The notes form part of these financial statements

NM METAL RECYCLING LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 57,801 123,856
Shareholders funds: 57,901 123,956

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.

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

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: Nathan Simms
Status: Director

Name: Matthew Wibberley
Status: Director

The notes form part of these financial statements

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 7 14

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 17,250 40,000

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 April 2023 407,952 35,895 443,847
Additions - 15,300 15,300
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 407,952 51,195 459,147
Depreciation
At 01 April 2023 130,106 9,089 139,195
Charge for year 69,461 10,527 79,988
On disposals - - -
Other adjustments - - -
At 31 March 2024 199,567 19,616 219,183
Net book value
At 31 March 2024 208,385 31,579 239,964
At 31 March 2023 277,846 26,806 304,652

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Debtors


2024
£

2023
£
Trade debtors 46,219 32,202
Prepayments and accrued income 119,212 32,642
Total 165,431 64,844

NM METAL RECYCLING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 242,875 104,476
Trade creditors 12,614 17,343
Taxation and social security 165,883 259,172
Other creditors 7,786
Total 421,372 388,777