Company Registration No. 08282327 (England and Wales)
CarmarthenshireMetalRecycling Limited
Unaudited accounts
for the year ended 30 November 2022
CarmarthenshireMetalRecycling Limited
Unaudited accounts
Contents
CarmarthenshireMetalRecycling Limited
Company Information
for the year ended 30 November 2022
Company Number
08282327 (England and Wales)
Registered Office
Troed Rhiw Fawr
Pontwelli
Llandysul
Ceredigion
SA44 4RS
CarmarthenshireMetalRecycling Limited
Statement of financial position
as at 30 November 2022
Tangible assets
168,659
131,371
Cash at bank and in hand
467,812
464,794
Creditors: amounts falling due within one year
(41,730)
(77,735)
Net current assets
426,082
387,059
Total assets less current liabilities
594,741
518,430
Creditors: amounts falling due after more than one year
(38,952)
(36,558)
Net assets
555,789
481,872
Called up share capital
2
2
Profit and loss account
555,787
481,870
Shareholders' funds
555,789
481,872
For the year ending 30 November 2022 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 4 April 2023 and were signed on its behalf by
Mr K J Clifford
Director
Company Registration No. 08282327
CarmarthenshireMetalRecycling Limited
Notes to the Accounts
for the year ended 30 November 2022
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 2021
146,182
189,312
335,494
Additions
23,338
70,169
93,507
At 30 November 2022
169,520
259,481
429,001
At 1 December 2021
85,018
119,105
204,123
Charge for the year
21,126
35,093
56,219
At 30 November 2022
106,144
154,198
260,342
At 30 November 2022
63,376
105,283
168,659
At 30 November 2021
61,164
70,207
131,371
CarmarthenshireMetalRecycling Limited
Notes to the Accounts
for the year ended 30 November 2022
5
Creditors: amounts falling due within one year
2022
2021
Trade creditors
7,238
5,994
Taxes and social security
34,492
71,741
6
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
38,952
36,558
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 (2021: 1).