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Company Registration No. 7150644 (England and Wales)
Steadman Construction Limited Unaudited accounts for the year ended 29 February 2024
Steadman Construction Limited Unaudited accounts Contents
Page
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Steadman Construction Limited Company Information for the year ended 29 February 2024
Director
Mr S Steadman
Company Number
7150644 (England and Wales)
Registered Office
8 Princes Crescent Skipton North Yorkshire BD23 1HH
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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Steadman Construction Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,230 
8,691 
Current assets
Debtors
44,550 
33,090 
Cash at bank and in hand
54,095 
43,147 
98,645 
76,237 
Creditors: amounts falling due within one year
(28,294)
(24,720)
Net current assets
70,351 
51,517 
Net assets
77,581 
60,208 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
77,579 
60,206 
Shareholders' funds
77,581 
60,208 
For the year ending 29 February 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 22 October 2024 and were signed on its behalf by
Mr S Steadman Director Company Registration No. 7150644
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Steadman Construction Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Steadman Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 7150644. The registered office is 8 Princes Crescent, Skipton, North Yorkshire, BD23 1HH.
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
25% on reducing balance
Motor vehicles
25% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
3,007 
20,500 
23,507 
Additions
717 
- 
717 
At 29 February 2024
3,724 
20,500 
24,224 
Depreciation
At 1 March 2023
2,279 
12,537 
14,816 
Charge for the year
187 
1,991 
2,178 
At 29 February 2024
2,466 
14,528 
16,994 
Net book value
At 29 February 2024
1,258 
5,972 
7,230 
At 28 February 2023
728 
7,963 
8,691 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,550 
33,090 
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Steadman Construction Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
4,599 
1,623 
Taxes and social security
20,473 
21,785 
Other creditors
2,770 
579 
Loans from directors
452 
733 
28,294 
24,720 
7
Transactions with related parties
During the year, total dividends of £32,000 (2023 - £26,000) were paid to the director.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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