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Company Registration No. 06571346 (England and Wales)
ASM FASTENERS LTD Unaudited accounts for the year ended 31 August 2024
ASM FASTENERS LTD Unaudited accounts Contents
Page
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ASM FASTENERS LTD Company Information for the year ended 31 August 2024
Director
Mr Anthony Bonifacio Monteiro
Company Number
06571346 (England and Wales)
Registered Office
Unit 2C Wanlip Road Syston LE7 1PD
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ASM FASTENERS LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
804 
1,072 
Current assets
Inventories
15,730 
21,852 
Debtors
490,721 
353,840 
Cash at bank and in hand
792,776 
857,471 
1,299,227 
1,233,163 
Creditors: amounts falling due within one year
(332,432)
(273,654)
Net current assets
966,795 
959,509 
Total assets less current liabilities
967,599 
960,581 
Creditors: amounts falling due after more than one year
(544,191)
(608,928)
Net assets
423,408 
351,653 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
423,406 
351,651 
Shareholders' funds
423,408 
351,653 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2025 and were signed on its behalf by
Mr Anthony Bonifacio Monteiro Director Company Registration No. 06571346
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ASM FASTENERS LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
ASM FASTENERS LTD is a private company, limited by shares, registered in England and Wales, registration number 06571346. The registered office is Unit 2C, Wanlip Road, Syston, LE7 1PD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
Presentation currency
The accounts are presented in sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
7,669 
At 31 August 2024
7,669 
Depreciation
At 1 September 2023
6,597 
Charge for the year
268 
At 31 August 2024
6,865 
Net book value
At 31 August 2024
804 
At 31 August 2023
1,072 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
490,721 
353,840 
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ASM FASTENERS LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
30,055 
23,408 
Trade creditors
276,246 
220,026 
Taxes and social security
20,866 
20,956 
Other creditors
5,265 
9,264 
332,432 
273,654 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
525,394 
525,394 
Other creditors
18,797 
83,534 
544,191 
608,928 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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