Company Registration No. 09950595 (England and Wales)
Metric Engineering Management Limited
Unaudited accounts
for the year ended 30 September 2018
Metric Engineering Management Limited
Unaudited accounts
Contents
Metric Engineering Management Limited
Company Information
for the year ended 30 September 2018
Director
John Patrick Hayes
Company Number
09950595 (England and Wales)
Registered Office
Unit 6 Wall Park Close
Newnham Industrial Estate, Plympton
Plymouth
Devon
PL7 4JL
England
Accountants
Numbers UK Limited
Ensign House
Parkway Court
Plymouth
Devon
PL6 8LR
Metric Engineering Management Limited
Statement of financial position
as at
30 September 2018
Intangible assets
3,874
5,165
Tangible assets
72,995
57,586
Inventories
26,804
24,276
Cash at bank and in hand
120,791
155,145
Creditors: amounts falling due within one year
(279,746)
(313,209)
Net current assets
284,971
195,162
Total assets less current liabilities
361,840
257,913
Creditors: amounts falling due after more than one year
(12,468)
(23,818)
Net assets
349,372
234,095
Called up share capital
100
100
Profit and loss account
349,272
233,995
Shareholders' funds
349,372
234,095
For the year ending 30 September 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 May 2019.
John Patrick Hayes
Director
Company Registration No. 09950595
Metric Engineering Management Limited
Notes to the Accounts
for the year ended 30 September 2018
Metric Engineering Management Limited is a private company, limited by shares, registered in England and Wales, registration number 09950595. The registered office is Unit 6 Wall Park Close, Newnham Industrial Estate, Plympton, Plymouth, Devon, PL7 4JL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance.
Motor vehicles
25% Reducing Balance.
Fixtures & fittings
25% Reducing Balance.
Computer equipment
25% Reducing Balance.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 September 2018
5,710
Charge for the year
1,291
At 30 September 2018
1,836
At 30 September 2018
3,874
At 30 September 2017
5,165
Metric Engineering Management Limited
Notes to the Accounts
for the year ended 30 September 2018
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2017
31,802
35,964
2,889
5,168
75,823
Additions
13,323
7,330
5,914
8,775
35,342
At 30 September 2018
45,125
43,294
8,803
13,943
111,165
At 1 October 2017
7,031
9,615
369
1,222
18,237
Charge for the year
7,856
8,080
368
3,629
19,933
At 30 September 2018
14,887
17,695
737
4,851
38,170
At 30 September 2018
30,238
25,599
8,066
9,092
72,995
At 30 September 2017
24,771
26,349
2,520
3,946
57,586
Work in progress
26,804
24,276
Trade debtors
379,492
321,387
Accrued income and prepayments
12,210
5,888
Other debtors
25,420
1,675
8
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
4,903
-
Trade creditors
337,674
175,572
Taxes and social security
(90,336)
102,698
Loans from directors
-
84
9
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
12,468
16,865
Metric Engineering Management Limited
Notes to the Accounts
for the year ended 30 September 2018
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(17,789)
40,772
-
22,983
As at the balance sheet date, there was an amount totalling £22,983 owing by the Director. This balance was cleared in March 2019.
11
Average number of employees
During the year the average number of employees was 10 (2017: 6).