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REGISTERED NUMBER: 07023565 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2023

for

E King (Steelfixing) Limited

E King (Steelfixing) Limited (Registered number: 07023565)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E King (Steelfixing) Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: E King





REGISTERED OFFICE: 30 Vicarage Close
Silksworth
Sunderland
Tyne & Wear
SR3 1JF





REGISTERED NUMBER: 07023565 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

E King (Steelfixing) Limited (Registered number: 07023565)

Balance Sheet
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 3 9,571 723

CURRENT ASSETS
Debtors 4 921 120,548
Cash at bank 196,643 68,600
197,564 189,148
CREDITORS
Amounts falling due within one year 5 (41,943 ) (65,476 )
NET CURRENT ASSETS 155,621 123,672
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,192

124,395

CREDITORS
Amounts falling due after more than one year 6 (6,458 ) (10,245 )
NET ASSETS 158,734 114,150

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 158,731 114,147
158,734 114,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

E King (Steelfixing) Limited (Registered number: 07023565)

Balance Sheet - continued
30 September 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 4 April 2024 and were signed by:





E King - Director


E King (Steelfixing) Limited (Registered number: 07023565)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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.

2. EMPLOYEES AND DIRECTORS

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

E King (Steelfixing) Limited (Registered number: 07023565)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2022 - 2,733 2,733
Additions 11,990 - 11,990
At 30 September 2023 11,990 2,733 14,723
DEPRECIATION
At 1 October 2022 - 2,010 2,010
Charge for year 2,998 144 3,142
At 30 September 2023 2,998 2,154 5,152
NET BOOK VALUE
At 30 September 2023 8,992 579 9,571
At 30 September 2022 - 723 723

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 119,795
Other debtors 710 595
Social security and other tax 34 -
VAT 177 158
921 120,548

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,043 4,259
Trade creditors - 228
Corporation tax 31,609 38,122
Social security and other tax - 6,770
Other creditors 1,363 10,124
Net wages - 4,621
Directors' current accounts 3,958 479
Accrued expenses 970 873
41,943 65,476

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 6,458 10,245