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Company Registration No. 04129971 (England and Wales)
EXCELL METAL SPINNING LIMITED Unaudited accounts for the year ended 31 May 2024
EXCELL METAL SPINNING LIMITED Unaudited accounts Contents
Page
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EXCELL METAL SPINNING LIMITED Company Information for the year ended 31 May 2024
Directors
Mr L Bligh Mrs J Hunt Mr N Hunt
Company Number
04129971 (England and Wales)
Registered Office
LYNDUM HOUSE 12 HIGH STREET PETERSFIELD GU32 3JG ENGLAND
Accountants
Premier UK Business LLP Lyndum House 12 High street Petersfield United Kingdom GU32 3JG
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EXCELL METAL SPINNING LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
135,814 
133,998 
Current assets
Inventories
87,096 
128,664 
Debtors
397,775 
367,252 
Cash at bank and in hand
126,884 
88,308 
611,755 
584,224 
Creditors: amounts falling due within one year
(277,524)
(228,188)
Net current assets
334,231 
356,036 
Total assets less current liabilities
470,045 
490,034 
Creditors: amounts falling due after more than one year
(22,457)
(46,419)
Provisions for liabilities
Other provisions
(23,788)
(25,211)
Net assets
423,800 
418,404 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
423,700 
418,304 
Shareholders' funds
423,800 
418,404 
For the year ending 31 May 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 21 November 2024 and were signed on its behalf by
Mr L Bligh Director Company Registration No. 04129971
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EXCELL METAL SPINNING LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
EXCELL METAL SPINNING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04129971. The registered office is LYNDUM HOUSE, 12 HIGH STREET, PETERSFIELD, GU32 3JG, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
20,038 
532,916 
36,887 
12,998 
602,839 
Additions
- 
47,995 
- 
- 
47,995 
At 31 May 2024
20,038 
580,911 
36,887 
12,998 
650,834 
Depreciation
At 1 June 2023
15,336 
412,550 
30,886 
10,069 
468,841 
Charge for the year
2,003 
42,091 
1,500 
585 
46,179 
At 31 May 2024
17,339 
454,641 
32,386 
10,654 
515,020 
Net book value
At 31 May 2024
2,699 
126,270 
4,501 
2,344 
135,814 
At 31 May 2023
4,702 
120,366 
6,001 
2,929 
133,998 
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EXCELL METAL SPINNING LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
252,227 
188,321 
Other debtors
145,548 
178,931 
397,775 
367,252 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,552 
4,711 
VAT
94,629 
78,439 
Obligations under finance leases and hire purchase contracts
13,326 
14,248 
Trade creditors
100,477 
85,038 
Taxes and social security
10,289 
30,081 
Other creditors
38,692 
15,102 
Loans from directors
15,059 
69 
Accruals
500 
500 
277,524 
228,188 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,345 
27,981 
Obligations under finance leases and hire purchase contracts
5,112 
18,438 
22,457 
46,419 
8
Average number of employees
During the year the average number of employees was 24 (2023: 24).
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