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 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

THERMETAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

THERMETAL LIMITED

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 3,506 9,026
Total fixed assets: 3,506 9,026
Current assets
Stocks: 2,000 2,000
Debtors:   1,216,620 2,433,420
Cash at bank and in hand: 2,005,419 748,292
Total current assets: 3,224,039 3,183,712
Creditors: amounts falling due within one year: 4 (1,308,977) (1,352,051)
Net current assets (liabilities): 1,915,062 1,831,661
Total assets less current liabilities: 1,918,568 1,840,687
Provision for liabilities: (646) (1,715)
Total net assets (liabilities): 1,917,922 1,838,972
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,917,921 1,838,971
Shareholders funds: 1,917,922 1,838,972

The notes form part of these financial statements

THERMETAL LIMITED

Balance sheet statements

For the year ending 31 October 2022 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 25 July 2023
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 2022

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

Tangible fixed assets and depreciation 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 - 10% straight line, Plant and machinery – 15% straight line, Motor vehicles - 25% straight line, Computer equipment - 25% straight line

THERMETAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 6 6

THERMETAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 133,834
Additions 127
At 31 October 2022 133,961
Depreciation
At 01 November 2021 124,808
Charge for year 5,647
At 31 October 2022 130,455
Net book value
At 31 October 2022 3,506
At 31 October 2021 9,026

THERMETAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Creditors: amounts falling due within one year note

Trade creditors £578,524, Corporation tax £43020, Social security and other taxes £23,265, Other creditors £664,168