Chase Metal Recycling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08586753 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th September 2025

for

CHASE METAL RECYCLING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D J Owen

REGISTERED OFFICE:

Unit 3 Chaseside Industrial Estate

Chaseside Drive

Hednesford

Cannock

Staffordshire

WS11 7EY

REGISTERED NUMBER:

08586753 (England and Wales)

FIXED ASSETS

Tangible assets

4

840,884

775,270

CURRENT ASSETS

Stocks

325

2,250

Debtors

5

60,435

66,466

Cash at bank

305,578

294,769

366,338

363,485

CREDITORS

Amounts falling due within one year

6

282,043

259,359

NET CURRENT ASSETS

84,295

104,126

TOTAL ASSETS LESS CURRENT
LIABILITIES

925,179

879,396

CREDITORS

Amounts falling due after more than
one year

7

117,444

187,975

NET ASSETS

807,735

691,421

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

806,735

690,421

SHAREHOLDERS' FUNDS

807,735

691,421

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10th June 2026 and were signed by:

Mr D J Owen - Director

1.	STATUTORY INFORMATION

Chase Metal Recycling 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

-

20% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

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 Income Statement, 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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1st October 2024

209,350

892,645

53,840

198,067

1,353,902

Additions

-

99,012

14,604

107,033

220,649

Disposals

-

(71,858

)

-

(44,117

)

(115,975

)

At 30th September
2025

209,350

919,799

68,444

260,983

1,458,576

DEPRECIATION

At 1st October 2024

-

465,522

28,022

85,088

578,632

Charge for year

-

81,210

12,551

24,133

117,894

Eliminated on disposal

-

(51,166

)

-

(27,668

)

(78,834

)

At 30th September
2025

-

495,566

40,573

81,553

617,692

NET BOOK VALUE

At 30th September
2025

209,350

424,233

27,871

179,430

840,884

At 30th September
2024

209,350

427,123

25,818

112,979

775,270

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

30.9.25

30.9.24

£

Trade debtors

58,035

66,466

Other debtors

2,400

-

60,435

66,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

30.9.25

30.9.24

£

Bank loans and overdrafts

10,000

10,127

Trade creditors

136,796

98,233

Taxation and social security

135,247

150,999

282,043

259,359

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR

30.9.25

30.9.24

£

Bank loans

4,123

14,167

Other creditors

113,321

173,808

117,444

187,975

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2025 and 30th September 2024:

30.9.25

30.9.24

£

Mr D J Owen

Balance outstanding at start of year

(3,020

)

(685

)

Amounts advanced

2,557

-

Amounts repaid

-

(2,335

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(463

)

(3,020

)