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Company Registration No. 09269451 (England and Wales)
Abertawe Metal Recycling Limited Unaudited accounts for the year ended 31 October 2025
Abertawe Metal Recycling Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Abertawe Metal Recycling Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
391,469
461,804
Current assets
Inventories
203,300
142,277
Debtors
57,497
42,289
Cash at bank and in hand
33,804
11,966
294,601
196,532
Creditors: amounts falling due within one year
(255,137)
(167,379)
Net current assets
39,464
29,153
Total assets less current liabilities
430,933
490,957
Creditors: amounts falling due after more than one year
(106,449)
(75,703)
Net assets
324,484
415,254
Capital and reserves
Called up share capital
5
6
6
Profit and loss account
324,478
415,248
Shareholders' funds
324,484
415,254
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by
R. Williams Director Company Registration No. 09269451
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Abertawe Metal Recycling Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Abertawe Metal Recycling Limited is a private company, limited by shares, registered in England and Wales, registration number 09269451. The registered office is Dyffryn Close, Swansea Enterprise Park, Swansea, wales, SA6 8QG, UK.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Amount calculated to write off the assets over useful lifetime
Motor vehicles
Amount calculated to write off the assets over useful lifetime
Fixtures & fittings
Amount calculated to write off the assets over useful lifetime
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 November 2024
924,051
Additions
2,500
At 31 October 2025
926,551
Depreciation
At 1 November 2024
462,247
Charge for the year
72,835
At 31 October 2025
535,082
Net book value
At 31 October 2025
391,469
At 31 October 2024
461,804
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Abertawe Metal Recycling Limited Notes to the Accounts for the year ended 31 October 2025
5
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
6
Average number of employees
During the year the average number of employees was 6 (2024: 7).
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