1 January 2023 false Taxfiler 2024.5 06392306business:PrivateLimitedCompanyLtd2023-01-012023-12-31 063923062022-12-31 063923062023-01-012023-12-31 06392306business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 06392306business:FilletedAccounts2023-01-012023-12-31 063923062023-12-31 06392306business:Director12023-01-012023-12-31 06392306business:CompanySecretary12023-01-012023-12-31 06392306business:RegisteredOffice2023-01-012023-12-31 063923062022-12-31 06392306core:WithinOneYear2023-12-31 06392306core:WithinOneYear2022-12-31 06392306core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 06392306core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 06392306core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06392306core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 06392306core:PreviouslyStatedAmount2023-12-31 06392306core:PreviouslyStatedAmount2022-12-31 06392306business:SmallEntities2023-01-012023-12-31 06392306countries:EnglandWales2023-01-012023-12-31 06392306core:AfterOneYear2023-12-31 06392306core:AfterOneYear2022-12-31 06392306business:OrdinaryShareClass12023-01-012023-12-31 06392306business:OrdinaryShareClass12022-01-012022-12-31 063923062022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06392306 (England and Wales)
Steel Eurotrade Corporation Limited Unaudited accounts for the year ended 31 December 2023
Steel Eurotrade Corporation Limited Unaudited accounts Contents
Page
- 2 -
Steel Eurotrade Corporation Limited Company Information for the year ended 31 December 2023
Director
Robert Ian Charles Seager
Secretary
Omega Agents Limited
Company Number
06392306 (England and Wales)
Registered Office
Fairbourne Drive Atterbury Milton Keynes Buckinghamshire MK10 9RG
- 3 -
Steel Eurotrade Corporation Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
2,258 
2,258 
Debtors
7,650,035 
7,759,711 
Cash at bank and in hand
9,058 
473,202 
7,661,351 
8,235,171 
Creditors: amounts falling due within one year
(7,520,349)
(8,098,566)
Net current assets
141,002 
136,605 
Net assets
141,002 
136,605 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
140,002 
135,605 
Shareholders' funds
141,002 
136,605 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 26 September 2024 and were signed on its behalf by
Robert Ian Charles Seager Director Company Registration No. 06392306
- 4 -
Steel Eurotrade Corporation Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Steel Eurotrade Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 06392306. The registered office is Fairbourne Drive, Atterbury, Milton Keynes, Buckinghamshire, MK10 9RG.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
5,426 
4,290 
Trade debtors
6,179,872 
5,870,558 
Accrued income and prepayments
22,412 
266,773 
Other debtors
990,894 
1,275,964 
7,198,604 
7,417,585 
Amounts falling due after more than one year
Accrued income and prepayments
451,431 
342,126 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
7,273,809 
7,758,691 
Taxes and social security
1,035 
954 
Other creditors
184,688 
338,921 
Deferred income
60,817 
- 
7,520,349 
8,098,566 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
- 5 -
Steel Eurotrade Corporation Limited Notes to the Accounts for the year ended 31 December 2023
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -