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REGISTERED NUMBER: 08541525















CUP ALLOYS (METAL JOINING) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024






CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CUP ALLOYS (METAL JOINING) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: G P Farrell
S D Meakin





REGISTERED OFFICE: 154 Mandalay Road
Pleasley
Mansfield
Nottinghamshire
NG19 7TJ





REGISTERED NUMBER: 08541525





ACCOUNTANTS: Ian R Collins & Co
The Bridge House
Mill Lane
Dronfield
Derbyshire
S18 2XL

CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,185 460
Investment property 5 36,959 36,959
38,144 37,419

CURRENT ASSETS
Stocks 21,045 39,305
Debtors 6 66,258 64,420
Cash at bank and in hand 25,038 26,252
112,341 129,977
CREDITORS
Amounts falling due within one
year

7

(149,827

)

(166,448

)
NET CURRENT LIABILITIES (37,486 ) (36,471 )
TOTAL ASSETS LESS
CURRENT LIABILITIES

658

948

PROVISIONS FOR LIABILITIES (225 ) (87 )
NET ASSETS 433 861

CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

BALANCE SHEET - continued
31ST JULY 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 333 761
SHAREHOLDERS' FUNDS 433 861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 24th April 2025 and were signed on its behalf by:





G P Farrell - Director


CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

Cup Alloys (Metal Joining) Limited is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 balance sheet date.


CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2023 6,142
Additions 1,250
At 31st July 2024 7,392
DEPRECIATION
At 1st August 2023 5,682
Charge for year 525
At 31st July 2024 6,207
NET BOOK VALUE
At 31st July 2024 1,185
At 31st July 2023 460

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st August 2023
and 31st July 2024 36,959
NET BOOK VALUE
At 31st July 2024 36,959
At 31st July 2023 36,959

CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN
ONE YEAR
2024 2023
£    £   
Trade debtors 53,457 54,486
Other debtors 12,801 9,934
66,258 64,420

7. CREDITORS: AMOUNTS FALLING DUE WITHIN
ONE YEAR
2024 2023
£    £   
Trade creditors 30,401 56,974
Taxation and social security 18,084 12,682
Other creditors 101,342 96,792
149,827 166,448

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st July 2024 and 31st July 2023:

2024 2023
£    £   
G P Farrell
Balance outstanding at start of year 4,690 -
Amounts advanced 20,211 4,690
Amounts repaid (18,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,401 4,690

CUP ALLOYS (METAL JOINING) LIMITED (REGISTERED NUMBER: 08541525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

S D Meakin
Balance outstanding at start of year 4,690 -
Amounts advanced 20,211 4,690
Amounts repaid (18,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,401 4,690