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REGISTERED NUMBER: 15074501 (England and Wales)















QUALITY METAL FABRICATIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

15 AUGUST 2023 TO 30 SEPTEMBER 2024






QUALITY METAL FABRICATIONS LTD (REGISTERED NUMBER: 15074501)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 AUGUST 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


QUALITY METAL FABRICATIONS LTD

COMPANY INFORMATION
FOR THE PERIOD 15 AUGUST 2023 TO 30 SEPTEMBER 2024







DIRECTORS: Mr S B Scott
Mr A J Robinson
Mr M R Quick





REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU





REGISTERED NUMBER: 15074501 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
QUALITY METAL FABRICATIONS LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quality Metal Fabrications Ltd for the period ended 30 September 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quality Metal Fabrications Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quality Metal Fabrications Ltd and state those matters that we have agreed to state to the Board of Directors of Quality Metal Fabrications Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quality Metal Fabrications Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quality Metal Fabrications Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Quality Metal Fabrications Ltd. You consider that Quality Metal Fabrications Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Quality Metal Fabrications Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


21 January 2025

QUALITY METAL FABRICATIONS LTD (REGISTERED NUMBER: 15074501)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

Notes £   
CURRENT ASSETS
Debtors 4 244
Cash at bank 1,968
2,212
CREDITORS
Amounts falling due within one year 5 1,342
NET CURRENT ASSETS 870
TOTAL ASSETS LESS CURRENT
LIABILITIES

870

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 770
SHAREHOLDERS' FUNDS 870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:





Mr M R Quick - Director


QUALITY METAL FABRICATIONS LTD (REGISTERED NUMBER: 15074501)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 AUGUST 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Quality Metal Fabrications Ltd 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.

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 represents net sales of goods/services, excluding value added tax

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 244

QUALITY METAL FABRICATIONS LTD (REGISTERED NUMBER: 15074501)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 AUGUST 2023 TO 30 SEPTEMBER 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 191
Tax 181
Directors' loan accounts 485
Accruals 485
1,342

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2024:

£   
Mr S B Scott
Balance outstanding at start of period -
Amounts advanced 15
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 15

Mr A J Robinson
Balance outstanding at start of period -
Amounts advanced 15
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 15