REGISTERED NUMBER: 06484382 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

J. Sullivan Metals Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Sullivan

M P Sullivan

SECRETARY:

O J Sullivan

REGISTERED OFFICE:

89-91 Portland Road

London

SE25 4UN

REGISTERED NUMBER:

06484382 (England and Wales)

FIXED ASSETS

Tangible assets

4

24,775

47,702

Investments

5

44,234

-

69,009

47,702

CURRENT ASSETS

Cash at bank and in hand

54,970

118,708

CREDITORS

Amounts falling due within one year

6

89,221

84,927

NET CURRENT (LIABILITIES)/ASSETS

(34,251

)

33,781

TOTAL ASSETS LESS CURRENT LIABILITIES

34,758

81,483

CREDITORS

Amounts falling due after more than one year

7

-

35,562

NET ASSETS

34,758

45,921

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

34,757

45,920

SHAREHOLDERS' FUNDS

34,758

45,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 24 September 2025 and were signed on its behalf by:

J Sullivan - Director

1.	STATUTORY INFORMATION

J. Sullivan Metals 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

67,682

24,025

91,707

DEPRECIATION

At 1 February 2024

27,124

16,881

44,005

Charge for year

16,920

6,007

22,927

At 31 January 2025

44,044

22,888

66,932

NET BOOK VALUE

At 31 January 2025

23,638

1,137

24,775

At 31 January 2024

40,558

7,144

47,702

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.1.25

31.1.24

£

£

Commodities

44,234

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Social security and other taxes

3,140

2,403

VAT

82,192

79,035

Accrued expenses

3,889

3,489

89,221

84,927

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans more 5 yr by instal

-

27,507

Finance leases

-

8,055

-

35,562

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

27,507

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, Mr J Sullivan.