REGISTERED NUMBER: 05097659 (England and Wales)

A.C. Sheetmetal Limited

Unaudited Financial Statements for the Year Ended 30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A P Cooper

Mrs S L Cooper

SECRETARY:

Mrs S L Cooper

REGISTERED OFFICE:

Atlantic House

8 Bell Lane

Uckfield

East Sussex

TN22 1QL

REGISTERED NUMBER:

05097659 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Tangible assets

4

527

653

CURRENT ASSETS

Stocks

1,000

2,000

Debtors

5

2,814

2,787

Cash at bank and in hand

28,098

27,798

31,912

32,585

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

14,088

17,464

NET CURRENT ASSETS

17,824

15,121

TOTAL ASSETS LESS CURRENT LIABILITIES

18,351

15,774

PROVISIONS FOR LIABILITIES

132

163

NET ASSETS

18,219

15,611

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

18,119

15,511

SHAREHOLDERS' FUNDS

18,219

15,611

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mr A P Cooper - Director

1.	STATUTORY INFORMATION

A.C. Sheetmetal 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 represents net invoiced sales of goods, excluding value added tax.

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

Computer equipment

-

25% on reducing balance

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 Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

150

11,184

705

12,039

DEPRECIATION

At 1 May 2024

-

11,078

308

11,386

Charge for year

-

26

100

126

At 30 April 2025

-

11,104

408

11,512

NET BOOK VALUE

At 30 April 2025

150

80

297

527

At 30 April 2024

150

106

397

653

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,390

2,652

Other debtors

424

135

2,814

2,787

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

310

200

Taxation and social security

4,233

6,055

Other creditors

9,545

11,209

14,088

17,464

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total commitments under operating leases of £5,157 (2024: £4,914).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed one of its directors £4,161 (2024 - £6,326). The company also owed another director £237 (2024 - £545). This loan is interest free, unsecured and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year the company paid dividends totalling £4,000 (2024 - £2,500) to its directors.