Company Registration No. 09010276 (England and Wales)
Sheet Metal Products (Newcastle) Ltd
Unaudited accounts
for the year ended 31 March 2026
Sheet Metal Products (Newcastle) Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
6,210
55,751
Cash at bank and in hand
114,918
164,656
Creditors: amounts falling due within one year
(223,576)
(410,557)
Net current assets
102,263
66,902
Net assets
108,473
122,653
Called up share capital
120
120
Profit and loss account
108,353
122,533
Shareholders' funds
108,473
122,653
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 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 4 August 2026 and were signed on its behalf by
Mr Keith Hobkirk
Director
Company Registration No. 09010276
Sheet Metal Products (Newcastle) Ltd
Notes to the Accounts
for the year ended 31 March 2026
Sheet Metal Products (Newcastle) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09010276. The registered office is OLD COMMUNITY CENTRE, ST. MICHAELS ROAD, NEWCASTLE UPON TYNE, NE6 1QS.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% straight line
Motor vehicles
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2025
162,555
154,511
317,066
At 31 March 2026
162,797
157,311
320,108
At 1 April 2025
132,167
129,148
261,315
Charge for the year
24,420
28,163
52,583
At 31 March 2026
156,587
157,311
313,898
At 31 March 2026
6,210
-
6,210
At 31 March 2025
30,388
25,363
55,751
Sheet Metal Products (Newcastle) Ltd
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
194,203
236,520
Other debtors
16,718
76,283
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
152,794
388,479
Taxes and social security
63,524
19,238
Other creditors
1,470
2,840
7
Average number of employees
During the year the average number of employees was 8 (2025: 9).