Websters Scrap Metals Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06861670

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		42,486		47,514

			42,486		47,514
CURRENT ASSETS
Stocks	5	2,500		2,500
Debtors	6	41,205		42,196
Cash at bank and in hand		123,762		124,645

		167,467		169,341
Creditors: Amounts Falling Due Within One Year	7	(103,934 )		(102,926 )

NET CURRENT ASSETS (LIABILITIES)			63,533		66,415

TOTAL ASSETS LESS CURRENT LIABILITIES			106,019		113,929

Creditors: Amounts Falling Due After More Than One Year	8		-		(3,500 )

NET ASSETS			106,019		110,429

CAPITAL AND RESERVES
Called up share capital	9		124		124
Profit and Loss Account			105,895		110,305

SHAREHOLDERS' FUNDS			106,019		110,429

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Websters Scrap Metals Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 M Webster

Director

15/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Websters Scrap Metals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06861670 . The registered office is 15 Thompson Street, Whittington Moor, Chesterfield, S41 9AR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any 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:

Freehold	10% straight line
Plant & Machinery	10% straight line
Motor Vehicles	15% reducing balance
Fixtures & Fittings	15% straight line
Computer Equipment	33% straight line

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

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Websters Scrap Metals Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	7,886	94,352	27,902	10,825
Additions	-	3,024	-	433

As at 31 March 2026	7,886	97,376	27,902	11,258

Depreciation
As at 1 April 2025	7,886	72,360	6,661	8,554
Provided during the period	-	4,342	3,186	523

As at 31 March 2026	7,886	76,702	9,847	9,077

Net Book Value
As at 31 March 2026	-	20,674	18,055	2,181

As at 1 April 2025	-	21,992	21,241	2,271


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	10,100	151,065
Additions	1,623	5,080

As at 31 March 2026	11,723	156,145

Depreciation
As at 1 April 2025	8,090	103,551
Provided during the period	2,057	10,108

As at 31 March 2026	10,147	113,659

Net Book Value
As at 31 March 2026	1,576	42,486

As at 1 April 2025	2,010	47,514

5. Stocks

	2026	2025
	£	£
Stock	2,500	2,500

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Websters Scrap Metals Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by participating interests	10,217	9,643
Other debtors	30,988	32,553

	41,205	42,196

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	777	1,162
Bank loans and overdrafts	-	5,250
Other loans	117	-
Other creditors	2,809	3,059
Taxation and social security	100,231	93,455

	103,934	102,926

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

	2026	2025
	£	£
Bank loans	-	3,500

9. Share Capital

	2026	2025
	£	£
Called Up Share Capital not Paid	-	24
Called Up Share Capital has been paid up	124	100

Amount of Allotted, Called Up Share Capital	124	124

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