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REGISTERED NUMBER: 07267443 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

A & D STEELE LTD

A & D STEELE LTD (REGISTERED NUMBER: 07267443)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & D STEELE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTOR: D Steele





REGISTERED OFFICE: The Oaks
Hill Road
Craswell
Herefordshire
HR2 0PN





REGISTERED NUMBER: 07267443 (England and Wales)





ACCOUNTANTS: NKT Accountants
11 Kings Court
Willie Snaith Road
Newmarket
Suffolk
CB8 7SG

A & D STEELE LTD (REGISTERED NUMBER: 07267443)

BALANCE SHEET
31ST MAY 2023

31/5/23 31/5/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 900 1,060

CURRENT ASSETS
Debtors 5 - 506
Cash at bank 709 22
709 528
CREDITORS
Amounts falling due within one year 6 3,115 3,440
NET CURRENT LIABILITIES (2,406 ) (2,912 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,506

)

(1,852

)

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (1,706 ) (2,052 )
SHAREHOLDERS' FUNDS (1,506 ) (1,852 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

A & D STEELE LTD (REGISTERED NUMBER: 07267443)

BALANCE SHEET - continued
31ST MAY 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 11th February 2024 and were signed by:





D Steele - Director


A & D STEELE LTD (REGISTERED NUMBER: 07267443)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

A & D Steele 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.

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.

Although the company was insolvent at the Balance Sheet date the accounts have been prepared on the going concern basis. The company is dependent upon the continued support of the director.

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
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st June 2022
and 31st May 2023 10,161 2,050 12,211
DEPRECIATION
At 1st June 2022 9,271 1,880 11,151
Charge for year 120 40 160
At 31st May 2023 9,391 1,920 11,311
NET BOOK VALUE
At 31st May 2023 770 130 900
At 31st May 2022 890 170 1,060

A & D STEELE LTD (REGISTERED NUMBER: 07267443)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Other debtors - 506

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Taxation and social security 144 83
Other creditors 2,971 3,357
3,115 3,440

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2023 and 31st May 2022:

31/5/23 31/5/22
£    £   
D Steele
Balance outstanding at start of year (2,818 ) (3,156 )
Amounts advanced 10,144 8,250
Amounts repaid (9,816 ) (7,912 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,490 ) (2,818 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is D Steele.