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North East Metal Spinners Limited
Unaudited Financial Statements
for the year ended 31 March 2026
Company registration number 02470856
(England and Wales)

Company Information

For the year ended 31 March 2026
Directors Hepplewhite, Charles
Hipkiss, Arnold Guest

Registered office 42 Hutton Close
Crowther
Washington
NE38 0AH

Registered number 02470856

Accountant AWS Accountancy Ltd
3 Berrymoor Court
Cramlington
Northumberland
NE23 7RZ

Statement of Financial Position

As at 31 March 2026
Notes
2026
2025
£
£
£
£
Fixed assets
Tangible assets
4
196,638
190,009
196,638
190,009
Current assets
Stocks
5
3,542
3,202
Debtors
6
67,069
99,102
Cash at bank and in hand
7
43,393
21,297
114,004
123,601
Creditors
Amounts falling due within one year
8
(66,054)
(70,313)
(66,054)
(70,313)
Net current assets (liabilities)
47,950
53,288
Total assets less current liabilities
244,588
243,297
Creditors
Amounts falling due after one year
9
-
(2,250)
-
(2,250)
Provisions for liabilities
10
(25,479)
(23,520)
Net assets (liabilities)
219,109
217,527
Capital and reserves
Called up share capital
150
150
Revaluation reserve
11
139,820
131,469
Profit and loss account
79,139
85,908
Total equity
219,109
217,527

The company is a private company limited by shares and registered in England and Wales. It 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 financial statements.
The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company's profit and loss account under section 444 (5A) of the Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 July 2026 and are signed on its behalf by:

Hepplewhite, Charles
Hepplewhite, Charles
Director

Company registration number 02470856

Notes to the Financial Statements

For the year ended 31 March 2026

1. Statutory information

The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling and this is the functional currency of the company.

2. Accounting policies

2.1. Basis of preparation

The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.

3. Employees

The average number of employees during the year was 5 (2025: 7).

4. Tangible fixed assets

Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total
£
£
£
£
£
£
Cost
At 1 April 2025
206,201
176,474
26,999
13,128
2,934
425,736
Additions
10,310
-
-
-
-
10,310
At 31 March 2026
216,511
176,474
26,999
13,128
2,934
436,046
Depreciation and impairment
At 1 April 2025
31,201
173,178
15,609
13,128
2,611
235,727
Charge for the period
-
725
2,848
-
108
3,681
At 31 March 2026
31,201
173,903
18,457
13,128
2,719
239,408
Net book value
At 31 March 2026
185,310
2,571
8,542
-
215
196,638
At 31 March 2025
175,000
3,296
11,390
-
323
190,009

5. Stocks and work in progress

2026
2025
£
£
Other stocks
3,542
3,202
Total
3,542
3,202

6. Debtors

2026
2025
£
£
Trade debtors
65,524
97,760
Other debtors
218
57
Prepayments and accrued income
1,327
1,285
Total due within one year
67,069
99,102
Total due after one year
-
-
Total
67,069
99,102

7. Cash at bank and in hand

2026
2025
£
£
Cash at bank
43,393
21,297
Total
43,393
21,297

8. Creditors due within one year

2026
2025
£
£
Trade creditors
22,501
29,713
Other creditors
2,331
2,536
Finance leases and hire purchase due in one year
2,250
6,750
Taxation and social security
36,052
28,529
Accruals and deferred income
2,920
2,785
Total
66,054
70,313

9. Creditors due after one year

2026
2025
£
£
Finance leases and hire purchase due in one year
-
2,250
Total
-
2,250

10. Provisions for liabilities

2026
2025
£
£
Deferred tax
25,479
23,520
Total
25,479
23,520

11. Revaluation reserve

Valuation
£
Opening balance at 1 April 2025
131,469
Revaluations of property, plant and equipment
10,310
Deferred tax on revaluations
(1,959)
Closing balance at 31 March 2026
139,820