Metal Fusion Technology Limited Filleted accounts for Companies House (small and micro)

Metal Fusion Technology Limited Filleted accounts for Companies House (small and micro)

METAL FUSION TECHNOLOGY LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 4708019
Metal Fusion Technology Limited
Filleted Unaudited Financial Statements
31 March 2020
Metal Fusion Technology Limited
Statement of Financial Position
31 March 2020
2020
2019
£
£
£
Fixed assets
9,393
11,946
------
-------
Current assets
195,516
184,684
Prepayments and accrued income
4,985
1,328
--------
--------
200,501
186,012
Creditors: amounts falling due within one year
63,242
47,515
--------
--------
Net current assets
137,259
138,497
--------
--------
Total assets less current liabilities
146,652
150,443
Accruals and deferred income
6,915
4,949
--------
--------
139,737
145,494
--------
--------
Capital and reserves
139,737
145,494
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2019: 7 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2020
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr P Beetlestone
( 696)
298
( 398)
Mr J Beetlestone
( 697)
298
( 399)
------
----
----
( 1,393)
596
( 797)
------
----
----
2019
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr P Beetlestone
( 1,604)
908
( 696)
Mr J Beetlestone
( 1,604)
907
( 697)
------
------
------
( 3,208)
1,815
( 1,393)
------
------
------
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 27 July 2020 , and are signed on behalf of the board by:
Mr P Beetlestone
Mr J Beetlestone
Director
Director
Company registration number: 4708019
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 St Josephs Court, Trindle Road, Dudley, West Midlands, DY2 7AU.