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REGISTERED NUMBER: 13022352 (England and Wales)


Her Steel Ltd

Abridged Unaudited Financial Statements

for the period

16 November 2020 to 31 March 2022






Her Steel Ltd (Registered number: 13022352)






Contents of the Financial Statements
for the period 16 November 2020 to 31 March 2022




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Statement of Financial Position 3

Notes to the Financial Statements 5


Her Steel Ltd

Company Information
for the period 16 November 2020 to 31 March 2022







DIRECTOR: Mrs M Orguc





REGISTERED OFFICE: 26 Freemans Quay
Durham
DH1 1SW





REGISTERED NUMBER: 13022352 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Her Steel Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Her Steel Ltd for the period ended 31 March 2022 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Her Steel Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Her Steel Ltd and state those matters that we have agreed to state to the director of Her Steel Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Her Steel Ltd and its director for our work or for this report.

It is your duty to ensure that Her Steel Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Her Steel Ltd. You consider that Her Steel Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Her Steel Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


15 August 2022

Her Steel Ltd (Registered number: 13022352)

Abridged Statement of Financial Position
31 March 2022

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,666

CURRENT ASSETS
Debtors 10,000
Cash at bank 21,183
31,183
CREDITORS
Amounts falling due within one year 21,513
NET CURRENT ASSETS 9,670
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,336

PROVISIONS FOR LIABILITIES 5 317
NET ASSETS 11,019

CAPITAL AND RESERVES
Called up share capital 6 10,000
Retained earnings 7 1,019
SHAREHOLDERS' FUNDS 11,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Her Steel Ltd (Registered number: 13022352)

Abridged Statement of Financial Position - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the period ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 15 August 2022 and were signed by:





Mrs M Orguc - Director


Her Steel Ltd (Registered number: 13022352)

Notes to the Financial Statements
for the period 16 November 2020 to 31 March 2022

1. STATUTORY INFORMATION

Her Steel Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is derived from the ordinary trading activities of the business and is recognised when the customers obtain the right to consideration.

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Her Steel Ltd (Registered number: 13022352)

Notes to the Financial Statements - continued
for the period 16 November 2020 to 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
Additions 2,298
At 31 March 2022 2,298
DEPRECIATION
Charge for period 632
At 31 March 2022 632
NET BOOK VALUE
At 31 March 2022 1,666

5. PROVISIONS FOR LIABILITIES
£   
Deferred tax 317

Deferred
tax
£   
Charge to Statement of Income and Retained Earnings during
period

317
Balance at 31 March 2022 317

6. CALLED UP SHARE CAPITAL


Allotted and issued:
Number: Class: Nominal
value: £   
10,000 Share capital 1 £1 10,000

10,000 Ordinary shares of £1 each were allotted at par during the period.

Her Steel Ltd (Registered number: 13022352)

Notes to the Financial Statements - continued
for the period 16 November 2020 to 31 March 2022

7. RESERVES
Retained
earnings
£   

Profit for the period 51,019
Dividends (50,000 )
At 31 March 2022 1,019

8. RELATED PARTY DISCLOSURES

1. The company paid rent of £7,425 to director for use of residence as office.

2. Included within creditors are amounts due to key management personnel at balance sheet date is £1,246 .This is an interest free loan and has no fixed repayment date.