THERMETAL LIMITED

THERMETAL LIMITED

THERMETAL LIMITED - Company Information

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THERMETAL LIMITED

Company Registration Number:
04831889 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2021

Period of accounts

Start date: 01 November 2020

End date: 31 October 2021

THERMETAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2021

Balance sheet
Notes

THERMETAL LIMITED

Balance sheet

As at 31 October 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 9,026 19,964
Total fixed assets: 9,026 19,964
Current assets
Stocks: 2,000 2,000
Debtors:   2,433,420 1,154,482
Cash at bank and in hand: 748,292 1,485,166
Total current assets: 3,183,712 2,641,648
Creditors: amounts falling due within one year:   (1,352,051) (849,296)
Net current assets (liabilities): 1,831,661 1,792,352
Total assets less current liabilities: 1,840,687 1,812,316
Provision for liabilities: (1,715) (3,793)
Total net assets (liabilities): 1,838,972 1,808,523
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,838,971 1,808,522
Shareholders funds: 1,838,972 1,808,523

The notes form part of these financial statements

THERMETAL LIMITED

Balance sheet statements

For the year ending 31 October 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 24 August 2022
and signed on behalf of the board by:

Name: I A Nock
Status: Director

The notes form part of these financial statements

THERMETAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding VAT, of sales made during the year

Intangible fixed assets and amortisation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its useful life as follows:Fixtures and fittings 20% straight linePlant and machinery 15% straight lineMotor vehicles 25% straight lineComputer equipment 25% straight line

THERMETAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2021

2. Employees

2021 2020
Average number of employees during the period 6 6

THERMETAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2021

3. Tangible Assets

Total
Cost £
At 01 November 2020 132,634
Additions 1,200
At 31 October 2021 133,834
Depreciation
At 01 November 2020 112,670
Charge for year 12,138
At 31 October 2021 124,808
Net book value
At 31 October 2021 9,026
At 31 October 2020 19,964