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REGISTERED NUMBER: 11226953 (England and Wales)















PERFORMANCE METAL FINISHINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MARCH 2024 TO 30 JUNE 2025






PERFORMANCE METAL FINISHINGS LIMITED (REGISTERED NUMBER: 11226953)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 30 JUNE 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


PERFORMANCE METAL FINISHINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2024 TO 30 JUNE 2025







DIRECTOR: A N Scott





REGISTERED OFFICE: 18 Northgate
Sleaford
Lincolnshire
NG34 7BJ





REGISTERED NUMBER: 11226953 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 7BJ

PERFORMANCE METAL FINISHINGS LIMITED (REGISTERED NUMBER: 11226953)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 4,424

CURRENT ASSETS
Debtors 5 588 697
Cash at bank 1,302 152
1,890 849
CREDITORS
Amounts falling due within one year 6 70,649 59,103
NET CURRENT LIABILITIES (68,759 ) (58,254 )
TOTAL ASSETS LESS CURRENT LIABILITIES (68,759 ) (53,830 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (68,859 ) (53,930 )
SHAREHOLDERS' FUNDS (68,759 ) (53,830 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 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.

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 July 2025 and were signed by:





A N Scott - Director


PERFORMANCE METAL FINISHINGS LIMITED (REGISTERED NUMBER: 11226953)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 30 JUNE 2025

1. STATUTORY INFORMATION

Performance Metal Finishings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the period comprises current 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 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

PERFORMANCE METAL FINISHINGS LIMITED (REGISTERED NUMBER: 11226953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 30 JUNE 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 11,739
Disposals (11,739 )
At 30 June 2025 -
DEPRECIATION
At 1 March 2024 7,315
Eliminated on disposal (7,315 )
At 30 June 2025 -
NET BOOK VALUE
At 30 June 2025 -
At 29 February 2024 4,424

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 588 697

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 70,649 59,103

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary 1 100 100

8. RELATED PARTY DISCLOSURES

As at 30 June 2025 the company owed the director £70,648 (2024: £57,719). The loan is unsecured, interest free and repayable on demand.