Company Registration No. 06447878 (England and Wales)
Crawley Metal Supplies Limited
Unaudited accounts
for the year ended 30 June 2024
Crawley Metal Supplies Limited
Unaudited accounts
Contents
Crawley Metal Supplies Limited
Company Information
for the year ended 30 June 2024
Directors
G Tindle
S Tindle
Company Number
06447878 (England and Wales)
Registered Office
Lakeland Business Centre
Parish Lane
Pease Pottage
West Sussex
RH10 5NY
Accountants
Richard Matthew Accountancy Ltd
Milner
Cowfold Road
Coolham
West Sussex
RH13 8QJ
Crawley Metal Supplies Limited
Statement of financial position
as at 30 June 2024
Tangible assets
60,761
34,321
Debtors
1,197,929
1,125,934
Cash at bank and in hand
431,507
422,694
Creditors: amounts falling due within one year
(199,971)
(183,817)
Net current assets
1,432,069
1,367,157
Net assets
1,492,830
1,401,478
Called up share capital
200
200
Profit and loss account
1,492,630
1,401,278
Shareholders' funds
1,492,830
1,401,478
For the year ending 30 June 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 12 March 2025 and were signed on its behalf by
G Tindle
Director
Company Registration No. 06447878
Crawley Metal Supplies Limited
Notes to the Accounts
for the year ended 30 June 2024
Crawley Metal Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 06447878. The registered office is Lakeland Business Centre, Parish Lane, Pease Pottage, West Sussex, RH10 5NY.
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.
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
Computer equipment
1/3rd straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Crawley Metal Supplies Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
167,299
10,649
177,948
At 30 June 2024
215,154
10,649
225,803
At 1 July 2023
133,931
9,696
143,627
Charge for the year
20,462
953
21,415
At 30 June 2024
154,393
10,649
165,042
At 30 June 2024
60,761
-
60,761
At 30 June 2023
33,368
953
34,321
Amounts falling due within one year
Trade debtors
58,921
54,884
Amounts due from group undertakings etc.
1,139,008
1,069,918
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
155,291
121,494
Taxes and social security
21,763
41,272
Loans from directors
820
820
The company operates a defined contribution pension scheme. Contributions payable to the scheme are charged to profit or loss in the period to which they relate.
9
Transactions with related parties
At the year end date, Crawley Metal Supplies Ltd was owed £1,069,918 by its parent company, Crawley Metal Supplies (Holdings) Limited, (2022 £1,008,918).
Crawley Metal Supplies Ltd is a wholly owned subsidiary of Crawley Metal Supplies (Holdings) Limited, a company registered in England.
Crawley Metal Supplies Limited
Notes to the Accounts
for the year ended 30 June 2024
11
Average number of employees
During the year the average number of employees was 6 (2023: 6).