Base Metal Concentrates Analysis Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Base Metal Concentrates Analysis Ltd for the year ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Base Metal Concentrates Analysis Ltd for the year ended 31 July 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Base Metal Concentrates Analysis Ltd , as a body, in accordance with the terms of our engagement letter dated 07 July 2025. Our work has been undertaken solely to prepare for your approval the accounts of Base Metal Concentrates Analysis Ltd and state those matters that we have agreed to state to the directors of Base Metal Concentrates Analysis Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Base Metal Concentrates Analysis Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that Base Metal Concentrates Analysis Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Base Metal Concentrates Analysis Ltd . You consider that Base Metal Concentrates Analysis Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Base Metal Concentrates Analysis Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

ERC Accountants and Business Advisers Limtied

14 November 2025

ERC Accountants & Business Advisers Limited

Chartered Accountants

Hanover Buildings

11-13 Hanover Street

Liverpool

Merseyside

L1 3DN

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Base Metal Concentrates Analysis Ltd

Balance Sheet

As At 31 July 2025

Balance Sheet

Registered number: 12744966

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		783,223		497,948

			783,223		497,948
CURRENT ASSETS
Stocks	5	24,500		16,061
Debtors	6	520,413		220,400
Cash at bank and in hand		552,424		388,433

		1,097,337		624,894
Creditors: Amounts Falling Due Within One Year	7	(623,186 )		(571,985 )

NET CURRENT ASSETS (LIABILITIES)			474,151		52,909

TOTAL ASSETS LESS CURRENT LIABILITIES			1,257,374		550,857

Creditors: Amounts Falling Due After More Than One Year	8		(182,317 )		(11,196 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(195,809 )		(124,490 )

NET ASSETS			879,248		415,171

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			879,148		415,071

SHAREHOLDERS' FUNDS			879,248		415,171

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Base Metal Concentrates Analysis Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K J Bradbury

Director

14 November 2025

The notes on pages 4 to 7 form part of these financial statements.

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Base Metal Concentrates Analysis Ltd

Notes to the Financial Statements

For The Year Ended 31 July 2025

Notes to the Financial Statements

1. General Information

Base Metal Concentrates Analysis Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12744966 . The registered office is 324 Haydock Lane, Haydock, St. Helens, WA11 9UY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery	10% straight line
Fixtures and fittings	10% straight line
Computer equipment	25% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Base Metal Concentrates Analysis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.7. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 31 (2024: 21)

4. Tangible Assets

	Plant and machinery	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost
As at 1 August 2024	486,971	110,922	44,768	642,661
Additions	343,047	12,760	46,456	402,263

As at 31 July 2025	830,018	123,682	91,224	1,044,924

Depreciation
As at 1 August 2024	101,189	26,216	17,308	144,713
Provided during the period	83,002	12,379	21,607	116,988

As at 31 July 2025	184,191	38,595	38,915	261,701

Net Book Value
As at 31 July 2025	645,827	85,087	52,309	783,223

As at 1 August 2024	385,782	84,706	27,460	497,948

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Plant and machinery	23,520	26,460

5. Stocks

	2025	2024
	£	£
Work in progress	24,500	16,061

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	478,749	198,886
Other debtors	41,664	21,514

	520,413	220,400

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Base Metal Concentrates Analysis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,196	11,196
Trade creditors	260,050	117,250
Other creditors	183,349	417,516
Taxation and social security	168,591	26,023

	623,186	571,985

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	11,196
Other creditors	182,317	-

	182,317	11,196

9. Secured Creditors

Of the creditors the following amounts are secured over the assets to which they relate:

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	-		22,392

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,196	11,196
Later than one year and not later than five years	-	11,196

	11,196	22,392

	11,196	22,392

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	29,141	75,607
Later than one year and not later than five years	-	29,141

	29,141	104,748

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Base Metal Concentrates Analysis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

13. Related Party Transactions

The following related party transactions were undertaken during the year:

During the year a director introduced £312 (2024: £845) and withdrew amounts totalling £1,469. At the balance sheet date the directors was owed £312 (2024: £1,469) from the company.

During the year a director introduced £845 (2024: £312) and withdrew amounts totalling £1,469. At the balance sheet date the directors was owed £312 (2024: £936) to the company.

During the year a director introduced £312 (2024: £312) and withdrew amounts totalling £936. At the balance sheet date the directors was owed £312 (2024: £936) from the company.

The aggregate remuneration paid to key management personnel for the year was £298,515 (2024:£298,099).

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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