IRIS Accounts Production v24.1.0.578 01185027 director 1.1.23 31.12.23 31.12.23 19.9.24 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011850272022-12-31011850272023-12-31011850272023-01-012023-12-31011850272021-12-31011850272022-01-012022-12-31011850272022-12-3101185027ns15:EnglandWales2023-01-012023-12-3101185027ns14:PoundSterling2023-01-012023-12-3101185027ns10:Director12023-01-012023-12-3101185027ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101185027ns10:SmallEntities2023-01-012023-12-3101185027ns10:Audited2023-01-012023-12-3101185027ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101185027ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101185027ns10:FullAccounts2023-01-012023-12-3101185027ns10:RegisteredOffice2023-01-012023-12-3101185027ns5:Non-currentFinancialInstruments2023-12-3101185027ns5:Non-currentFinancialInstruments2022-12-3101185027ns5:ShareCapital2023-12-3101185027ns5:ShareCapital2022-12-3101185027ns5:RetainedEarningsAccumulatedLosses2023-12-3101185027ns5:RetainedEarningsAccumulatedLosses2022-12-31
REGISTERED NUMBER: 01185027 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HISTORIC STEAM LIMITED

HISTORIC STEAM LIMITED (REGISTERED NUMBER: 01185027)






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


HISTORIC STEAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: F P Hollom





SECRETARY: F P Hollom





REGISTERED OFFICE: Kew Bridge Steam Museum
Green Dragon Lane
Brentford
Middlesex
TW8 0EN





REGISTERED NUMBER: 01185027 (England and Wales)





AUDITORS: Collards
Chartered Accountants
Statutory Auditor
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

HISTORIC STEAM LIMITED (REGISTERED NUMBER: 01185027)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 6,000 5,367
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,000

5,367

CREDITORS
Amounts falling due after more than one year 4 143,980 130,892
NET LIABILITIES (137,980 ) (125,525 )

CAPITAL AND RESERVES
Called up share capital 100,100 100,100
Retained earnings (238,080 ) (225,625 )
SHAREHOLDERS' FUNDS (137,980 ) (125,525 )

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 19 September 2024 and were signed by:





F P Hollom - Director


HISTORIC STEAM LIMITED (REGISTERED NUMBER: 01185027)

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

1. STATUTORY INFORMATION

Historic Steam 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.

Related party exemption
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 5 (2022 - 5 ) .

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 143,980 130,892

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

The Report of the Auditors was unqualified.

Jonathan Addison (Senior Statutory Auditor)
for and on behalf of Collards

HISTORIC STEAM LIMITED (REGISTERED NUMBER: 01185027)

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

6. ULTIMATE CONTROLLING PARTY

In the director's opinion the company's ultimate parent company and controlling party is The Kew Bridge Engines Trust and Water Supply Museum Limited which is incorporated in the United Kingdom. Copies of its group accounts, which include the company, are available from the registered office.