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REGISTERED NUMBER: 11818154 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

STELTEC HOLDINGS LIMITED

STELTEC HOLDINGS LIMITED (REGISTERED NUMBER: 11818154)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STELTEC HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mrs M Rawle





SECRETARY:





REGISTERED OFFICE: 12 Prince Of Wales Industrial Estate
Abercarn
Newport
NP11 5AR





REGISTERED NUMBER: 11818154 (England and Wales)





ACCOUNTANTS: Devereux & Co
3 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS

STELTEC HOLDINGS LIMITED (REGISTERED NUMBER: 11818154)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,034 26,856

CURRENT ASSETS
Debtors 5 760 1,049
Cash at bank 13,640 51,425
14,400 52,474
CREDITORS
Amounts falling due within one year 6 25,235 28,307
NET CURRENT (LIABILITIES)/ASSETS (10,835 ) 24,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,199

51,023

CREDITORS
Amounts falling due after more than one
year

7

16,602

22,420
NET ASSETS 1,597 28,603

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,497 28,503
SHAREHOLDERS' FUNDS 1,597 28,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

STELTEC HOLDINGS LIMITED (REGISTERED NUMBER: 11818154)

BALANCE SHEET - continued
28 FEBRUARY 2023


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

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 and authorised for issue on 24 June 2023 and were signed by:





Mrs M Rawle - Director


STELTEC HOLDINGS LIMITED (REGISTERED NUMBER: 11818154)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Steltec Holdings 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.

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
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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

STELTEC HOLDINGS LIMITED (REGISTERED NUMBER: 11818154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 30,780
Additions 5,871
At 28 February 2023 36,651
DEPRECIATION
At 1 March 2022 3,924
Charge for year 3,693
At 28 February 2023 7,617
NET BOOK VALUE
At 28 February 2023 29,034
At 28 February 2022 26,856

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 760 1,049

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,750 5,685
Trade creditors 190 (1 )
Taxation and social security 3,431 228
Other creditors 15,864 22,395
25,235 28,307

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 16,602 22,420

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs M Rawle.