Allmetal Electroplating Co Ltd,Ltd - AccountsLtd - Accounts

Allmetal Electroplating Co Ltd,Ltd - AccountsLtd - Accounts

ALLMETAL ELECTROPLATING CO. LTD - Company Information

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2016-10-01 05315356 2017-09-30 05315356 2016-10-01 2017-09-30 05315356 2016-09-30 05315356 2015-10-01 2016-09-30 05315356 uk-core:WithinOneYear 2016-09-30 05315356 uk-core:WithinOneYear 2017-09-30 05315356 uk-core:AfterOneYear 2016-09-30 05315356 uk-core:AfterOneYear 2017-09-30 05315356 uk-core:ShareCapital 2017-09-30 05315356 uk-core:ShareCapital 2016-09-30 05315356 uk-core:RetainedEarningsAccumulatedLosses 2017-09-30 05315356 uk-core:RetainedEarningsAccumulatedLosses 2016-09-30 05315356 uk-bus:Director1 2016-10-01 2017-09-30 05315356 uk-core:NetGoodwill 2016-10-01 2017-09-30 05315356 uk-core:PlantMachinery 2016-10-01 2017-09-30 05315356 uk-core:MotorVehicles 2016-10-01 2017-09-30 05315356 uk-core:Goodwill 2016-09-30 05315356 uk-core:Goodwill 2017-09-30 05315356 uk-core:Goodwill 2016-10-01 2017-09-30 05315356 uk-core:MotorVehicles 2016-09-30 05315356 uk-core:PlantMachinery 2016-09-30 05315356 uk-core:PlantMachinery 2017-09-30 05315356 uk-core:MotorVehicles 2017-09-30 05315356 uk-core:WithinOneYear 2017-09-30 05315356 uk-core:WithinOneYear 2016-09-30 05315356 uk-core:AfterOneYear uk-core:Secured 2017-09-30 05315356 uk-core:AfterOneYear uk-core:Secured 2016-09-30 iso4217:GBP 05315356 uk-bus:AuditExemptWithAccountantsReport 2016-10-01 2017-09-30 05315356 uk-bus:FRS102 2016-10-01 2017-09-30 05315356 uk-bus:FullAccounts 2016-10-01 2017-09-30 05315356 uk-bus:PrivateLimitedCompanyLtd 2016-10-01 2017-09-30
Allmetal Electroplating Co Ltd
Registered Number:05315356
For the year ended 30 September 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2017
Allmetal Electroplating Co Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
As at 30 September 2017
Allmetal Electroplating Co Ltd
Statement of Financial Position
Registered Number :
05315356
£
£
2016
2017
Notes
Fixed assets
Intangible assets
6,000
8,000
2
Property, plant and equipment
15,500
20,084
3
21,500
28,084
Current assets
Inventories
1,500
500
4
Trade and other receivables
15,682
15,384
5
8,948
Cash and cash equivalents
-
15,884
26,130
Trade and other payables: amounts falling due within one
year
(40,806)
(27,862)
6
(14,676)
(11,978)
Net current liabilities
Total assets less current liabilities
9,522
13,408
Trade and other payables: amounts falling due after more
than one year
(2,374)
(4,382)
7
(3,191)
(3,420)
Provisions for liabilities
1,949
Net assets
7,614
Capital and reserves
Called up share capital
2
2
Retained earnings
1,947
7,612
1,949
7,614
Shareholders' funds
For the year ended 30 September 2017 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 of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
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4
For the year ended 30 September 2017
Allmetal Electroplating Co Ltd
Statement of Financial Position Continued
Mr S Goodwin Director
These financial statements were approved and authorised for issue by the Board on 09 March 2018 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 September 2017
Allmetal Electroplating Co Ltd
Notes to the Financial Statements
Statutory Information
Allmetal Electroplating Co Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05315356.
Registered address:
3 Ensor Street
Bootle
Liverpool
L20 8LS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of 20 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
10% per annum on cost
10% per annum on cost
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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.
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6
For the year ended 30 September 2017
Allmetal Electroplating Co Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 October 2016
20,000
At 30 September 2017
20,000
Amortisation
At 01 October 2016
12,000
2,000
Charge for year
At 30 September 2017
14,000
Net book value
At 30 September 2017
6,000
At 30 September 2016
8,000
3. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 October 2016
45,521
3,600
41,921
At 30 September 2017
41,921
3,600
45,521
Provision for depreciation and impairment
At 01 October 2016
25,437
1,800
23,637
Charge for year
4,584
300
4,284
At 30 September 2017
30,021
2,100
27,921
At 30 September 2017
Net book value
14,000
1,500
15,500
At 30 September 2016
18,284
1,800
20,084
4. Inventories
2016
2017
£
£
Stocks
500
1,500
5. Trade and other receivables
2016
2017
£
£
Trade debtors
15,384
15,682
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7
For the year ended 30 September 2017
Allmetal Electroplating Co Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Bank loans and overdraft
3,715
-
Trade creditors
2,109
-
Taxation and social security
22,038
36,515
Accruals and deferred income
-
4,291
27,862
40,806
7. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Bank loans and overdraft
-
2,054
320
4,382
Directors' loan accounts
4,382
2,374
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