ALPHA SHEET METAL LIMITED

ALPHA SHEET METAL LIMITED

ALPHA SHEET METAL LIMITED - Company Information

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ALPHA SHEET METAL LIMITED

Company Registration Number:
04462438 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

ALPHA SHEET METAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

ALPHA SHEET METAL LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 95,022 94,839
Total fixed assets: 95,022 94,839
Current assets
Stocks: 4,000 2,000
Debtors:   24,413 16,040
Cash at bank and in hand: 46,855 41,791
Total current assets: 75,268 59,831
Creditors: amounts falling due within one year:   (27,041) (20,721)
Net current assets (liabilities): 48,227 39,110
Total assets less current liabilities: 143,249 133,949
Total net assets (liabilities): 143,249 133,949
Capital and reserves
Called up share capital: 100 100
Other reserves: 9,350 9,350
Profit and loss account: 133,799 124,499
Shareholders funds: 143,249 133,949

The notes form part of these financial statements

ALPHA SHEET METAL LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 May 2022
and signed on behalf of the board by:

Name: Mr P McCamley
Status: Director

The notes form part of these financial statements

ALPHA SHEET METAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Plant and machinery 25% reducing balanceMotor vehicles 25% reducing balanceThe gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Valuation and information policy

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

ALPHA SHEET METAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 5 4

ALPHA SHEET METAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 153,148
Additions 2,350
At 31 December 2021 155,498
Depreciation
At 01 January 2021 58,309
Charge for year 2,167
At 31 December 2021 60,476
Net book value
At 31 December 2021 95,022
At 31 December 2020 94,839