1 April 2023 false No description of principal activity Taxfiler 2024.5 11265223business:PrivateLimitedCompanyLtd2023-04-012024-03-31 112652232023-03-31 112652232023-04-012024-03-31 11265223business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 11265223business:FilletedAccounts2023-04-012024-03-31 112652232024-03-31 11265223business:Director12023-04-012024-03-31 11265223business:Director22023-04-012024-03-31 112652232023-03-31 11265223core:WithinOneYear2024-03-31 11265223core:WithinOneYear2023-03-31 11265223core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11265223core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11265223core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11265223core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11265223core:PreviouslyStatedAmount2024-03-31 11265223core:PreviouslyStatedAmount2023-03-31 11265223business:SmallEntities2023-04-012024-03-31 11265223countries:EnglandWales2023-04-012024-03-31 11265223core:ComputerEquipment2023-04-012024-03-31 11265223core:ComputerEquipment2023-03-31 11265223core:ComputerEquipment2024-03-31 11265223core:AfterOneYear2024-03-31 11265223core:AfterOneYear2023-03-31 112652232022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11265223 (England and Wales)
The SteelX Corporation Ltd Unaudited accounts for the year ended 31 March 2024
The SteelX Corporation Ltd Unaudited accounts Contents
Page
- 2 -
The SteelX Corporation Ltd Company Information for the year ended 31 March 2024
Directors
Mr R L Payne Mrs C Atkins
Company Number
11265223 (England and Wales)
- 3 -
The SteelX Corporation Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
327 
Current assets
Debtors
795 
25,238 
Cash at bank and in hand
16,515 
6,781 
17,310 
32,019 
Creditors: amounts falling due within one year
(13,014)
(8,308)
Net current assets
4,296 
23,711 
Net assets
4,296 
24,038 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
4,294 
24,036 
Shareholders' funds
4,296 
24,038 
For the year ending 31 March 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 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 26 September 2024 and were signed on its behalf by
Mr R L Payne Director Company Registration No. 11265223
- 4 -
The SteelX Corporation Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
The SteelX Corporation Ltd is a private company, limited by shares, registered in England and Wales, registration number 11265223.
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:
Computer equipment
25% straightline
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,309 
At 31 March 2024
1,309 
Depreciation
At 1 April 2023
982 
Charge for the year
327 
At 31 March 2024
1,309 
Net book value
At 31 March 2024
- 
At 31 March 2023
327 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
270 
- 
Amounts falling due after more than one year
Trade debtors
525 
25,238 
- 5 -
The SteelX Corporation Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
2,349 
Trade creditors
- 
3,765 
Taxes and social security
28 
1,794 
Other creditors
12,986 
400 
13,014 
8,308 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -