Registered Number:00371373 |
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
Adam Steel Limited
Statement of Financial Position
2016
2017
2
271,988
232,702
7,884
7,884
3
279,872
240,586
Trade and other receivables |
13,976
13,976
4
45,718
Cash and cash equivalents |
-
13,976
59,694
Trade and other payables: amounts falling due within one |
year |
(834)
(8,046)
5
58,860
5,930
Net current assets
Total assets less current liabilities |
285,802
299,446
Trade and other payables: amounts falling due after more |
than one year |
(130)
(13)
6
285,789
Net assets
299,316
11,249
11,249
(82,213)
(82,213)
356,753
370,280
285,789
299,316
Shareholders' funds
For the year ended 31 December 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 31 December 2017 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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 applicable to companies subject to the small companies regime. |
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For the year ended 31 December 2017
Adam Steel Limited
Statement of Financial Position Continued
Simon Robin Boudard Director |
These financial statements were approved and authorised for issue by the Board on 09 November 2018 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2017
Adam Steel Limited
Notes to the Financial Statements
Statutory Information
Adam Steel Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 00371373. |
c/o Grace Heathfield + Co
13 Forest Close
Cotgrave
Nottingham
NG12 3JN
The presentation currency is £ sterling. |
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. |
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: |
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the |
expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such |
depreciation would be immaterial. The directors undertake an annual impairment review of these properties. |
232,702
39,286
271,988
271,988
232,702
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For the year ended 31 December 2017
Adam Steel Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets |
7,884
7,884
7,884
7,884
7,884
7,884
7,884
7,884
4. Trade and other receivables |
2016
2017
13,976
13,976
5. Trade and other payables: amounts falling due within one year |
2016
2017
69
69
4,982
415
Taxation and social security |
2,595
-
400
350
8,046
834
6. Trade and other payables: amounts falling due after more than one year |
2016
2017
13
130
7. Average number of persons employed |
During the year the average number of employees was 0
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