Company Registration No. 10538997 (England and Wales)
Deep Steelworks & Architectural Ltd
Unaudited accounts
for the year ended 31 January 2024
Deep Steelworks & Architectural Ltd
Statement of financial position
as at 31 January 2024
Intangible assets
658,487
658,487
Debtors
2,014,469
1,562,667
Cash at bank and in hand
295,297
139,218
Creditors: amounts falling due within one year
(2,239,342)
(2,065,532)
Net current assets
70,424
162,452
Total assets less current liabilities
728,911
843,971
Creditors: amounts falling due after more than one year
(390,000)
(510,000)
Net assets
338,911
333,971
Called up share capital
10
10
Profit and loss account
338,901
333,961
Shareholders' funds
338,911
333,971
For the year ending 31 January 2024 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 30 September 2024 and were signed on its behalf by
Mr Deepan Saravanapavan Parthipan
Director
Company Registration No. 10538997
Deep Steelworks & Architectural Ltd
Notes to the Accounts
for the year ended 31 January 2024
Deep Steelworks & Architectural Ltd is a private company, limited by shares, registered in England and Wales, registration number 10538997. The registered office is 14 Linden Square, Harefield, Uxbridge, UB9 6TQ, England.
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.
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% Straightline
Computer equipment
25% Straightline
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 February 2023
658,487
At 31 January 2024
658,487
At 31 January 2024
658,487
At 31 January 2023
658,487
Deep Steelworks & Architectural Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
At 1 February 2023
119,513
At 31 January 2024
119,513
Charge for the year
23,032
At 31 January 2024
119,513
Amounts falling due within one year
Trade debtors
1,758,110
1,263,393
Accrued income and prepayments
54,519
41,179
Other debtors
36,842
252,095
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
732,951
916,633
Taxes and social security
-
24,719
Other creditors
1,493,749
1,111,538
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
390,000
510,000
9
Transactions with related parties
Other creditors include a sum of £1,452,741 due to Deep Contractors Ltd, a company controlled by the Director.
10
Average number of employees
During the year the average number of employees was 5 (2023: 8).