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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
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
658,487 
658,487 
Tangible assets
- 
23,032 
658,487 
681,519 
Current assets
Inventories
- 
526,099 
Debtors
2,014,469 
1,562,667 
Cash at bank and in hand
295,297 
139,218 
2,309,766 
2,227,984 
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 
Capital and reserves
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
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Deep Steelworks & Architectural Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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.
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2023
658,487 
At 31 January 2024
658,487 
Amortisation
At 1 February 2023
- 
At 31 January 2024
- 
Net book value
At 31 January 2024
658,487 
At 31 January 2023
658,487 
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Deep Steelworks & Architectural Ltd Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
119,513 
At 31 January 2024
119,513 
Depreciation
At 1 February 2023
96,481 
Charge for the year
23,032 
At 31 January 2024
119,513 
Net book value
At 31 January 2024
- 
At 31 January 2023
23,032 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
164,998 
- 
Trade debtors
1,758,110 
1,263,393 
Accrued income and prepayments
54,519 
41,179 
Other debtors
36,842 
252,095 
2,014,469 
1,556,667 
Amounts falling due after more than one year
Other debtors
- 
6,000 
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 
Accruals
12,642 
12,642 
2,239,342 
2,065,532 
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).
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