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REGISTERED NUMBER: 06495567 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Sure Steel Services Ltd

Sure Steel Services Ltd (Registered number: 06495567)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Sure Steel Services Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr P Dickinson
Mr K Powell





REGISTERED OFFICE: 53 Hawes Avenue
St Helens
Merseyside
WA11 7EA





REGISTERED NUMBER: 06495567 (England and Wales)





ACCOUNTANTS: GR Taylor & Co Accountants
54-56 Ormskirk Street
ST HELENS
Merseyside
WA10 2TF

Sure Steel Services Ltd (Registered number: 06495567)

Abridged Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,692 79,010

CURRENT ASSETS
Stocks and WIP 12,056 44,197
Debtors 65,568 29,336
Cash at bank and in hand 17,187 43,927
94,811 117,460
CREDITORS
Amounts falling due within one year 31,639 77,129
NET CURRENT ASSETS 63,172 40,331
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,864

119,341

CREDITORS
Amounts falling due after more than one
year

36,015

30,277
NET ASSETS 107,849 89,064

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 107,749 88,964
SHAREHOLDERS' FUNDS 107,849 89,064

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 directors acknowledge their 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.

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 Income Statement and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

Sure Steel Services Ltd (Registered number: 06495567)

Abridged Balance Sheet - continued
28 February 2023



The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by:




Mr K Powell - Director



Mr P Dickinson - Director


Sure Steel Services Ltd (Registered number: 06495567)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Sure Steel Services 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.

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.
Tools & Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks and wip to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

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

Sure Steel Services Ltd (Registered number: 06495567)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022 198,842
Additions 10,886
At 28 February 2023 209,728
DEPRECIATION
At 1 March 2022 119,832
Charge for year 9,204
At 28 February 2023 129,036
NET BOOK VALUE
At 28 February 2023 80,692
At 28 February 2022 79,010