Company Registration No. 08282327 (England and Wales)
CarmarthenshireMetalRecycling Limited
Unaudited accounts
for the year ended 30 November 2018
CarmarthenshireMetalRecycling Limited
Unaudited accounts
Contents
CarmarthenshireMetalRecycling Limited
Company Information
for the year ended 30 November 2018
Company Number
08282327 (England and Wales)
Registered Office
Troed Rhiw Fawr
Pontwelli
Llandysul
Ceredigion
SA44 4RS
Accountants
Waltwood Accountants
Bron Haul
Johns Terrace, Carmel
Llanelli
Carmarthenshire
SA14 7SD
CarmarthenshireMetalRecycling Limited
Statement of financial position
as at
30 November 2018
Tangible assets
82,165
62,803
Cash at bank and in hand
132,299
67,361
Creditors: amounts falling due within one year
(82,596)
(90,193)
Net current assets
55,961
27,168
Net assets
138,126
89,971
Called up share capital
2
2
Profit and loss account
138,124
89,969
Shareholders' funds
138,126
89,971
For the year ending 30 November 2018 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.
Approved by the Board on 2 August 2019.
Mr K J Clifford
Director
Company Registration No. 08282327
CarmarthenshireMetalRecycling Limited
Notes to the Accounts
for the year ended 30 November 2018
CarmarthenshireMetalRecycling Limited is a private company, limited by shares, registered in England and Wales, registration number 08282327. The registered office is Troed Rhiw Fawr, Pontwelli, Llandysul, Ceredigion, SA44 4RS.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2017
62,397
64,487
126,884
Additions
18,660
28,090
46,750
At 30 November 2018
81,057
92,577
173,634
At 1 December 2017
28,273
35,808
64,081
Charge for the year
13,196
14,192
27,388
At 30 November 2018
41,469
50,000
91,469
At 30 November 2018
39,588
42,577
82,165
At 30 November 2017
34,124
28,679
62,803
CarmarthenshireMetalRecycling Limited
Notes to the Accounts
for the year ended 30 November 2018
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
1,344
2,240
Taxes and social security
14,212
20,633
Loans from directors
67,040
67,320
7
Share capital
2018
2017
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2017: 1).