Company Registration No. 12330133 (England and Wales)
UNITED STEEL FABRICATIONS LIMITED
Unaudited accounts
for the year ended 30 November 2023
UNITED STEEL FABRICATIONS LIMITED
Unaudited accounts
Contents
UNITED STEEL FABRICATIONS LIMITED
Company Information
for the year ended 30 November 2023
Directors
J Ingram
O Ingram
Company Number
12330133 (England and Wales)
Registered Office
UNIT 2 MAIN STREET
BEEFORD
DRIFFIELD
YO25 8FD
ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
UNITED STEEL FABRICATIONS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
48,361
51,749
Cash at bank and in hand
10,500
22,430
Creditors: amounts falling due within one year
(78,012)
(156,568)
Net current assets
13,772
26,836
Total assets less current liabilities
62,133
78,585
Creditors: amounts falling due after more than one year
(36,481)
(43,016)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
16,363
35,469
Shareholders' funds
16,463
35,569
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2024 and were signed on its behalf by
J Ingram
Director
Company Registration No. 12330133
UNITED STEEL FABRICATIONS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
UNITED STEEL FABRICATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12330133. The registered office is UNIT 2 MAIN STREET, BEEFORD, DRIFFIELD, YO25 8FD, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on a reducing balance
Motor vehicles
20% on a reducing balance
Fixtures & fittings
20% on a reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
52,688
20,889
4,462
78,039
At 30 November 2023
52,688
29,864
4,462
87,014
At 1 December 2022
22,168
2,516
1,606
26,290
Charge for the year
6,104
5,688
571
12,363
At 30 November 2023
28,272
8,204
2,177
38,653
At 30 November 2023
24,416
21,660
2,285
48,361
At 30 November 2022
30,520
18,373
2,856
51,749
Amounts falling due within one year
Trade debtors
36,124
129,480
UNITED STEEL FABRICATIONS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,581
10,644
Obligations under finance leases and hire purchase contracts
5,895
5,895
Trade creditors
18,032
77,895
Taxes and social security
6,575
8,374
Loans from directors
30,013
39,733
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Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,755
8,699
Other creditors
7,500
8,500
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Average number of employees
During the year the average number of employees was 6 (2022: 6).