Registered number
02368978
METAL-AGE LIMITED
Unaudited Filleted Accounts
31 December 2024
METAL-AGE LIMITED
Registered number: 02368978
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1 1
Current assets
Debtors 4 19,833 19,833
Cash at bank and in hand 245 193
20,078 20,026
Creditors: amounts falling due within one year 5 (2,972) (2,772)
Net current assets 17,106 17,254
Total assets less current liabilities 17,107 17,255
Creditors: amounts falling due after more than one year 6 (28,740) (28,590)
Net liabilities (11,633) (11,335)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (12,633) (12,335)
Shareholder's funds (11,633) (11,335)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Tahir Ishaque
Director
Approved by the board on 25 March 2025
METAL-AGE LIMITED
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 15,961
At 31 December 2024 15,961
Depreciation
At 1 January 2024 15,960
At 31 December 2024 15,960
Net book value
At 31 December 2024 1
At 31 December 2023 1
4 Debtors 2024 2023
£ £
Trade debtors 19,833 19,833
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 2,972 2,772
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 28,740 28,590
7 Related party transactions
The company owed £28,740 (2023 : £ 28,590) to the director at the balance sheet date.
8 Other information
METAL-AGE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
860-862 Garratt Lane
London
SW17 0NB
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