IRIS Accounts Production v25.1.3.33 11608882 director 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116088822023-10-31116088822024-10-31116088822023-11-012024-10-31116088822022-10-31116088822022-11-012023-10-31116088822023-10-3111608882ns15:EnglandWales2023-11-012024-10-3111608882ns14:PoundSterling2023-11-012024-10-3111608882ns10:Director12023-11-012024-10-3111608882ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3111608882ns10:SmallEntities2023-11-012024-10-3111608882ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3111608882ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3111608882ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3111608882ns10:FullAccounts2023-11-012024-10-3111608882ns10:OrdinaryShareClass12023-11-012024-10-3111608882ns10:RegisteredOffice2023-11-012024-10-3111608882ns5:CurrentFinancialInstruments2024-10-3111608882ns5:CurrentFinancialInstruments2023-10-3111608882ns5:ShareCapital2024-10-3111608882ns5:ShareCapital2023-10-3111608882ns5:RetainedEarningsAccumulatedLosses2024-10-3111608882ns5:RetainedEarningsAccumulatedLosses2023-10-3111608882ns5:PlantMachinery2023-10-3111608882ns5:FurnitureFittings2023-10-3111608882ns5:MotorVehicles2023-10-3111608882ns5:ComputerEquipment2023-10-3111608882ns5:PlantMachinery2023-11-012024-10-3111608882ns5:FurnitureFittings2023-11-012024-10-3111608882ns5:MotorVehicles2023-11-012024-10-3111608882ns5:ComputerEquipment2023-11-012024-10-3111608882ns5:PlantMachinery2024-10-3111608882ns5:FurnitureFittings2024-10-3111608882ns5:MotorVehicles2024-10-3111608882ns5:ComputerEquipment2024-10-3111608882ns5:PlantMachinery2023-10-3111608882ns5:FurnitureFittings2023-10-3111608882ns5:MotorVehicles2023-10-3111608882ns5:ComputerEquipment2023-10-3111608882ns10:OrdinaryShareClass12024-10-3111608882ns5:RetainedEarningsAccumulatedLosses2023-10-3111608882ns5:RetainedEarningsAccumulatedLosses2023-11-012024-10-31
REGISTERED NUMBER: 11608882 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

Coastal Sheet Metal & Fabrication Ltd

Coastal Sheet Metal & Fabrication Ltd (Registered number: 11608882)

Contents of the Financial Statements
for the year ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Coastal Sheet Metal & Fabrication Ltd

Company Information
for the year ended 31 October 2024







DIRECTOR: Mr P Gray





REGISTERED OFFICE: 99 Canterbury Road
Whitstable
Kent
CT5 4HG





REGISTERED NUMBER: 11608882 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

Coastal Sheet Metal & Fabrication Ltd (Registered number: 11608882)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,783 6,933

CURRENT ASSETS
Stocks 8,700 5,225
Debtors 5 147,018 117,802
Cash at bank and in hand 29,033 44,372
184,751 167,399
CREDITORS
Amounts falling due within one year 6 118,974 136,106
NET CURRENT ASSETS 65,777 31,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,560

38,226

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 73,460 38,126
SHAREHOLDERS' FUNDS 73,560 38,226

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Coastal Sheet Metal & Fabrication Ltd (Registered number: 11608882)

Balance Sheet - continued
31 October 2024


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 director and authorised for issue on 24 April 2025 and were signed by:





Mr P Gray - Director


Coastal Sheet Metal & Fabrication Ltd (Registered number: 11608882)

Notes to the Financial Statements
for the year ended 31 October 2024


1. STATUTORY INFORMATION

Coastal Sheet Metal & Fabrication 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 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 (2023 - 16 ) .

Coastal Sheet Metal & Fabrication Ltd (Registered number: 11608882)

Notes to the Financial Statements - continued
for the year ended 31 October 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 4,471 161 3,000 3,161 10,793
Additions 2,237 180 - - 2,417
At 31 October 2024 6,708 341 3,000 3,161 13,210
DEPRECIATION
At 1 November 2023 1,817 61 1,312 670 3,860
Charge for year 731 43 422 371 1,567
At 31 October 2024 2,548 104 1,734 1,041 5,427
NET BOOK VALUE
At 31 October 2024 4,160 237 1,266 2,120 7,783
At 31 October 2023 2,654 100 1,688 2,491 6,933

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 147,018 117,802

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 67,932 82,762
Tax 8,022 1,858
Social security and other taxes 2,839 4,592
Pension - 833
VAT 38,543 33,229
Directors' current accounts 1,638 12,832
118,974 136,106

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1.00 100 100

Coastal Sheet Metal & Fabrication Ltd (Registered number: 11608882)

Notes to the Financial Statements - continued
for the year ended 31 October 2024


8. RESERVES
Retained
earnings
£   

At 1 November 2023 38,126
Profit for the year 35,334
At 31 October 2024 73,460

Coastal Sheet Metal & Fabrication Ltd

Report of the Accountants to the Director of
Coastal Sheet Metal & Fabrication Ltd


The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


24 April 2025