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REGISTERED NUMBER: 07527166 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

METAL WORKS (LONDON) LIMITED

METAL WORKS (LONDON) LIMITED (REGISTERED NUMBER: 07527166)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


METAL WORKS (LONDON) LIMITED

COMPANY INFORMATION
For The Year Ended 28 February 2025







DIRECTORS: L Hawkes
M Seymour





REGISTERED OFFICE: Unit N6 Europa Trading Estate
Fraser Road
Erith
Kent
DA8 1QL





REGISTERED NUMBER: 07527166 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

METAL WORKS (LONDON) LIMITED (REGISTERED NUMBER: 07527166)

BALANCE SHEET
28 February 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 27,873 58,976

CURRENT ASSETS
Stocks 5,100 4,985
Debtors 5 225,384 201,331
Cash at bank and in hand 197,781 97,971
428,265 304,287
CREDITORS
Amounts falling due within one year 6 (48,127 ) (42,759 )
NET CURRENT ASSETS 380,138 261,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

408,011

320,504

CREDITORS
Amounts falling due after more than one
year

7

(909

)

(7,767

)

PROVISIONS FOR LIABILITIES (5,296 ) (11,206 )
NET ASSETS 401,806 301,531

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 401,696 301,421
SHAREHOLDERS' FUNDS 401,806 301,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

METAL WORKS (LONDON) LIMITED (REGISTERED NUMBER: 07527166)

BALANCE SHEET - continued
28 February 2025


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 1 May 2025 and were signed on its behalf by:




M Seymour - Director



L Hawkes - Director


METAL WORKS (LONDON) LIMITED (REGISTERED NUMBER: 07527166)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2025

1. STATUTORY INFORMATION

Metal Works (London) Limited 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 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.
Land and buildings - 25% on cost
Plant and machinery etc - 25% on reducing balance

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2024 - 12 ) .

METAL WORKS (LONDON) LIMITED (REGISTERED NUMBER: 07527166)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2024 13,500 128,570 142,070
Disposals - (34,568 ) (34,568 )
At 28 February 2025 13,500 94,002 107,502
DEPRECIATION
At 1 March 2024 13,500 69,594 83,094
Charge for year - 9,290 9,290
Eliminated on disposal - (12,755 ) (12,755 )
At 28 February 2025 13,500 66,129 79,629
NET BOOK VALUE
At 28 February 2025 - 27,873 27,873
At 29 February 2024 - 58,976 58,976

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 202,003 175,439
Other debtors 23,381 25,892
225,384 201,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,455 6,828
Pension 251 (90 )
Trade creditors 18,076 25,407
Taxation and social security 14,865 2,319
Other creditors 9,480 8,295
48,127 42,759

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 909 7,767