REGISTERED NUMBER: 05724528 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

F.E.W. METALS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr E J Ambrose

REGISTERED OFFICE:

869 High Road

North Finchley

London

N12 8QA

REGISTERED NUMBER:

05724528 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

12,016

15,756

CURRENT ASSETS

Stocks

33,399

22,689

Debtors

5

63,013

64,948

Cash at bank and in hand

86,163

65,281

182,575

152,918

CREDITORS

Amounts falling due within one year

6

165,880

122,029

NET CURRENT ASSETS

16,695

30,889

TOTAL ASSETS LESS CURRENT LIABILITIES

28,711

46,645

CREDITORS

Amounts falling due after more than one year

7

(7,502

)

(22,451

)

PROVISIONS FOR LIABILITIES

(2,300

)

(4,800

)

NET ASSETS

18,909

19,394

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

18,906

19,391

SHAREHOLDERS' FUNDS

18,909

19,394

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2025 and were signed by:

Mr E J Ambrose - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

45,315

7,231

27,885

80,431

DEPRECIATION

At 1 April 2024

41,322

7,231

16,122

64,675

Charge for year

799

-

2,941

3,740

At 31 March 2025

42,121

7,231

19,063

68,415

NET BOOK VALUE

At 31 March 2025

3,194

-

8,822

12,016

At 31 March 2024

3,993

-

11,763

15,756

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

63,013

64,948

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,605

14,643

Hire purchase contracts (see note 8)

4,950

5,400

Trade creditors

45,122

34,932

Taxation and social security

52,148

45,536

Other creditors

34,055

21,518

165,880

122,029

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

7,502

17,501

Hire purchase contracts (see note 8)

-

4,950

7,502

22,451

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

4,950

5,400

Between one and five years

-

4,950

4,950

10,350

Non-cancellable

operating leases

2025

2024

£

£

Within one year

78,128

74,101

Between one and five years

79,287

157,415

157,415

231,516

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY