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REGISTERED NUMBER: 04077951 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

UNITED SLITTING SERVICES LIMITED

UNITED SLITTING SERVICES LIMITED (REGISTERED NUMBER: 04077951)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UNITED SLITTING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A P Weaver
A M S Weaver





REGISTERED OFFICE: Mill Lane
Halesowen
West Midlands
B63 3JP





REGISTERED NUMBER: 04077951 (England and Wales)





AUDITORS: Saxon & Co Accountants Ltd
Statutory Auditors
Chartered Certified Accountants
Kings Chambers
Queens Cross
High Street
Dudley
West Midlands
DY1 1QT

UNITED SLITTING SERVICES LIMITED (REGISTERED NUMBER: 04077951)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
£    £   
CURRENT ASSETS
Cash at bank - 117
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

117

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings (150 ) (33 )
SHAREHOLDERS' FUNDS - 117

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 Board of Directors and authorised for issue on 9 May 2024 and were signed on its behalf by:





A M S Weaver - Director


UNITED SLITTING SERVICES LIMITED (REGISTERED NUMBER: 04077951)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

United Slitting Services 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.

The financial statements are presented in sterling (£), which is also the company's functional currency.

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 NIL (2022 - NIL).

4. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Saxon (Senior Statutory Auditor)
for and on behalf of Saxon & Co Accountants Ltd

5. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

UNITED SLITTING SERVICES LIMITED (REGISTERED NUMBER: 04077951)

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

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are AM Weaver, AP Weaver and CP Weaver by way of their shareholdings in Weaver Investments Ltd.

Weaver Investments Limited owns 100% of the issued share capital of United Slitting Services Ltd.

Weaver Investments Limited registered office: Mill House, Mill Lane, Halesowen, West Midlands, B63 3JP.

In the opinion of the directors, the company’s ultimate parent company is Weaver Investments Ltd. The parent undertaking of the largest group, which includes the company and for which group accounts are prepared is Weaver Investments Ltd. Copies of group financial statements are available from Companies House, Crown Way, Cardiff CF14 3UZ.