HMS WELDING LIMITED

Company Registration Number:
04249649 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

HMS WELDING LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

HMS WELDING LIMITED

Balance sheet

As at 30 September 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 47,640 57,400
Total fixed assets: 47,640 57,400
Current assets
Stocks: 7,551 6,135
Debtors:   112,234 128,450
Cash at bank and in hand: 320,259 187,692
Total current assets: 440,044 322,277
Creditors: amounts falling due within one year:   (143,460) (60,055)
Net current assets (liabilities): 296,584 262,222
Total assets less current liabilities: 344,224 319,622
Creditors: amounts falling due after more than one year:   (118,730) (117,290)
Provision for liabilities: (8,361) (10,722)
Total net assets (liabilities): 217,133 191,610
Capital and reserves
Called up share capital: 90 90
Profit and loss account: 217,043 191,520
Shareholders funds: 217,133 191,610

The notes form part of these financial statements

HMS WELDING LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 September 2025
and signed on behalf of the board by:

Name: W P Mellor
Status: Director

The notes form part of these financial statements

HMS WELDING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts invoiced by the company in respect of sales and services provided during the year, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life. The annual depreciation rates used on a reducing balance basis are as follows:- Plant and equipment 10%, Motor vehicles 20%, Office equipment 20%.

Valuation and information policy

Stock and work in progress are valued at the lower of cost and net realisable value. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

HMS WELDING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 13 11

HMS WELDING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 202,540
At 30 September 2024 202,540
Depreciation
At 01 October 2023 145,140
Charge for year 9,760
At 30 September 2024 154,900
Net book value
At 30 September 2024 47,640
At 30 September 2023 57,400