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REGISTERED NUMBER: 14897707 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024

FOR

FRAMPTON STEEL LTD

FRAMPTON STEEL LTD (REGISTERED NUMBER: 14897707)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FRAMPTON STEEL LTD

COMPANY INFORMATION
FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024







DIRECTORS: Mr B M Rhodes
Mr A D Faulkner





REGISTERED OFFICE: 16 Queensway
New Milton
Hampshire
BH25 5NN





REGISTERED NUMBER: 14897707 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

FRAMPTON STEEL LTD (REGISTERED NUMBER: 14897707)

BALANCE SHEET
31 MAY 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 20,589

CURRENT ASSETS
Debtors 5 46,677
Cash at bank 26,870
73,547
CREDITORS
Amounts falling due within one year 6 93,815
NET CURRENT LIABILITIES (20,268 )
TOTAL ASSETS LESS CURRENT LIABILITIES 321

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 221
SHAREHOLDERS' FUNDS 321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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.

FRAMPTON STEEL LTD (REGISTERED NUMBER: 14897707)

BALANCE SHEET - continued
31 MAY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:




Mr A D Faulkner - Director



Mr B M Rhodes - Director


FRAMPTON STEEL LTD (REGISTERED NUMBER: 14897707)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024


1. STATUTORY INFORMATION

Frampton 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
Turnover represents sales of services net of VAT.

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 - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

FRAMPTON STEEL LTD (REGISTERED NUMBER: 14897707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 21,902 4,500 1,050 27,452
At 31 May 2024 21,902 4,500 1,050 27,452
DEPRECIATION
Charge for period 5,475 1,125 263 6,863
At 31 May 2024 5,475 1,125 263 6,863
NET BOOK VALUE
At 31 May 2024 16,427 3,375 787 20,589

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 13,390
Other debtors 33,287
46,677

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 30,451
Taxation and social security 2,014
Other creditors 61,350
93,815