Company Registration No. NI615626 (Northern Ireland)
FM Metals Limited
Unaudited accounts
for the year ended 30 November 2025
FM Metals Limited
Unaudited accounts
Contents
FM Metals Limited
Company Information
for the year ended 30 November 2025
Director
Joshua Mulholland
Secretary
Mr Josh Mulholland
Company Number
NI615626 (Northern Ireland)
Registered Office
94 Liminary Road
Ballymena
Co Antrim
BT42 3HZ
Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd
81a Galgorm Road
Ballymena
Co Antrim
BT42 1AA
FM Metals Limited
Statement of financial position
as at 30 November 2025
Tangible assets
1,781,880
1,776,703
Inventories
285,000
325,000
Debtors
2,905,564
2,524,289
Cash at bank and in hand
288,231
153,362
Creditors: amounts falling due within one year
(1,430,113)
(1,285,071)
Net current assets
2,048,682
1,717,580
Total assets less current liabilities
3,830,562
3,494,283
Creditors: amounts falling due after more than one year
(8,000)
-
Provisions for liabilities
Deferred tax
(445,470)
(444,176)
Net assets
3,377,092
3,050,107
Called up share capital
1
1
Profit and loss account
3,377,091
3,050,106
Shareholders' funds
3,377,092
3,050,107
For the year ending 30 November 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 1 April 2026 and were signed on its behalf by
Joshua Mulholland
Director
Company Registration No. NI615626
FM Metals Limited
Notes to the Accounts
for the year ended 30 November 2025
FM Metals Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI615626. The registered office is 94 Liminary Road, Ballymena, Co Antrim, BT42 3HZ, Northern Ireland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2024
4,270,575
10,000
4,280,575
Additions
450,476
-
450,476
At 30 November 2025
4,721,051
10,000
4,731,051
At 1 December 2024
2,495,248
8,624
2,503,872
Charge for the year
445,161
138
445,299
At 30 November 2025
2,940,409
8,762
2,949,171
At 30 November 2025
1,780,642
1,238
1,781,880
At 30 November 2024
1,775,327
1,376
1,776,703
FM Metals Limited
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
Trade debtors
513,377
177,269
Other debtors
2,342,187
2,311,766
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
383,005
15,015
Obligations under finance leases and hire purchase contracts
365,824
512,124
Trade creditors
460,067
573,815
Taxes and social security
161,546
169,984
Loans from directors
46,056
6,133
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).