A & A Metals (Kent) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06444606 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

A & A METALS (KENT) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Hanson

Mr M Hanson

Mr R Hanson

Mrs J Hanson

REGISTERED OFFICE:

Unit 2.02, High Weald House

Glovers End

Bexhill,

East Sussex

TN39 5ES

REGISTERED NUMBER:

06444606 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

40,831

53,286

40,831

53,286

CURRENT ASSETS

Stocks

6

22,906

14,325

Debtors

7

17,551

44,862

Cash at bank

6,315

41,938

46,772

101,125

CREDITORS

Amounts falling due within one year

8

65,273

73,968

NET CURRENT (LIABILITIES)/ASSETS

(18,501

)

27,157

TOTAL ASSETS LESS CURRENT
LIABILITIES

22,330

80,443

CREDITORS

Amounts falling due after more than one
year

9

(2,519

)

(8,509

)

PROVISIONS FOR LIABILITIES

10

(10,208

)

(13,322

)

NET ASSETS

9,603

58,612

CAPITAL AND RESERVES

Called up share capital

11

177

175

Retained earnings

9,426

58,437

SHAREHOLDERS' FUNDS

9,603

58,612

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by:

Mr G Hanson - Director

1.	STATUTORY INFORMATION

A & A Metals (Kent) 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.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

113,102

Amortisation

At 1 January 2024

and 31 December 2024

113,102

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

Cost

At 1 January 2024

97,206

67,532

19,826

184,564

Additions

1,090

-

541

1,631

Disposals

-

12,835

At 31 December 2024

98,296

67,532

33,202

199,030

Depreciation

At 1 January 2024

76,508

35,443

19,327

131,278

Charge for year

5,393

8,022

671

14,086

Eliminated on disposal

-

12,835

At 31 December 2024

81,901

43,465

32,833

158,199

Net book value

At 31 December 2024

16,395

24,067

369

40,831

At 31 December 2023

20,698

32,089

499

53,286

6.

STOCKS

2024

2023

£

Stocks

22,906

14,325

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Other debtors

17,551

44,862

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

5,990

Trade creditors

94

-

Taxation and social security

57,009

65,885

Other creditors

2,180

2,093

65,273

73,968

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Bank loans

2,519

8,509

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

Deferred tax

10,208

13,322

Deferred

tax

£

Balance at 1 January 2024

13,322

Provided during year

(3,114

)

Balance at 31 December 2024

10,208

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

102

Ordinary shares

£1

102

100

75

Ordinary A, B & C shares

£1

75

177

175