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Company Registration No. 05029085 (England and Wales)
Newberry Metal Recycling Ltd Unaudited accounts for the year ended 31 January 2025
Newberry Metal Recycling Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
114,272
-
Cash at bank and in hand
481,341
5,115
595,613
5,115
Creditors: amounts falling due within one year
5
(927,359)
(2,405)
Net current (liabilities)/assets
(331,746)
2,710
Net (liabilities)/assets
(331,746)
2,710
Capital and reserves
Called up share capital
100
100
Profit and loss account
(331,846)
2,610
Shareholders' funds
(331,746)
2,710
For the year ending 31 January 2025 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 23 October 2025 and were signed on its behalf by
Iulian Sebastian Sabau Director Company Registration No. 05029085
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Newberry Metal Recycling Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Newberry Metal Recycling Ltd is a private company, limited by shares, registered in England and Wales, registration number 05029085. The registered office is 91 St Marks Road, Bush Hill Park, Enfield, EN1 1BJ, United Kingdom.
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
These financial statements for the year ended 31 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
114,272
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
921,965
310
Taxes and social security
-
1,177
Loans from directors
5,394
918
927,359
2,405
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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