REGISTERED NUMBER: 05752757 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A.B.H. Metals Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Hughes

SECRETARY:

J M Hughes

REGISTERED OFFICE:

16 Thornleigh Trading Estate

Dudley

West Midlands

DY2 8UB

REGISTERED NUMBER:

05752757 (England and Wales)

ACCOUNTANTS:

S R Higgs

Accountant

101 Dixons Green Road

Dudley

West Midlands

DY2 7DJ

FIXED ASSETS

Tangible assets

4

33,074

22,246

CURRENT ASSETS

Stocks

59,206

4,200

Debtors

5

5,277

-

Cash at bank

41,399

44,810

105,882

49,010

CREDITORS

Amounts falling due within one year

6

114,939

26,539

NET CURRENT (LIABILITIES)/ASSETS

(9,057

)

22,471

TOTAL ASSETS LESS CURRENT LIABILITIES

24,017

44,717

PROVISIONS FOR LIABILITIES

7

6,615

-

NET ASSETS

17,402

44,717

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

17,302

44,617

SHAREHOLDERS' FUNDS

17,402

44,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 December 2017 and were signed by:

J M Hughes - Director

1.	STATUTORY INFORMATION

A.B.H. Metals Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2016

3,209

26,345

21,495

51,049

Additions

2,450

15,500

-

17,950

At 31 March 2017

5,659

41,845

21,495

68,999

DEPRECIATION

At 1 April 2016

1,499

13,243

14,061

28,803

Charge for year

624

4,640

1,858

7,122

At 31 March 2017

2,123

17,883

15,919

35,925

NET BOOK VALUE

At 31 March 2017

3,536

23,962

5,576

33,074

At 31 March 2016

1,710

13,102

7,434

22,246

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

5,277

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

67,656

6,971

Taxation and social security

4,369

5,164

Other creditors

42,914

14,404

114,939

26,539

7.	PROVISIONS FOR LIABILITIES

2017

2016

£

£

Deferred tax

6,615

-

Deferred

tax

£

Provided during year

6,615

Balance at 31 March 2017

6,615

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 were paid to the director .

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of its director, Mr J M Hughes as he owns all of the issued share

capital.