Company Registration No. 07608789 (England and Wales)
Cold Steel Ltd
Unaudited accounts
for the year ended 30 April 2024
Cold Steel Ltd
Unaudited accounts
Contents
Cold Steel Ltd
Company Information
for the year ended 30 April 2024
Directors
Anthony Charles Riches
Helen Mary Riches
Company Number
07608789 (England and Wales)
Registered Office
Woodwards House
High Street
Needham Market
Ipswich
Suffolk
IP6 8DQ
England
Accountants
Azoth Digital Accountants
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
Cold Steel Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
114,535
128,285
Investments
268,329
260,311
Cash at bank and in hand
24,137
4,577
Creditors: amounts falling due within one year
(77,852)
(57,145)
Net current liabilities
(36,196)
(28,761)
Total assets less current liabilities
346,668
359,835
Creditors: amounts falling due after more than one year
(15,661)
(25,000)
Provisions for liabilities
Deferred tax
(21,762)
(16,193)
Net assets
309,245
318,642
Called up share capital
2
2
Profit and loss account
309,243
318,640
Shareholders' funds
309,245
318,642
For the year ending 30 April 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 13 January 2025 and were signed on its behalf by
Anthony Charles Riches
Director
Company Registration No. 07608789
Cold Steel Ltd
Notes to the Accounts
for the year ended 30 April 2024
Cold Steel Ltd is a private company, limited by shares, registered in England and Wales, registration number 07608789. The registered office is Woodwards House, High Street, Needham Market, Ipswich, Suffolk, IP6 8DQ, 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:
Fixtures & fittings
12.5% SLM
Computer equipment
20% SLM
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 May 2023
63,512
2,093
76,459
32,673
8,927
183,664
Additions
-
-
-
-
2,300
2,300
At 30 April 2024
63,512
2,093
76,459
32,673
11,227
185,964
At 1 May 2023
-
1,419
33,451
16,869
3,640
55,379
Charge for the year
-
169
10,752
3,105
2,024
16,050
At 30 April 2024
-
1,588
44,203
19,974
5,664
71,429
At 30 April 2024
63,512
505
32,256
12,699
5,563
114,535
At 30 April 2023
63,512
674
43,008
15,804
5,287
128,285
Cold Steel Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Investments
Other investments
Valuation at 1 May 2023
260,311
Valuation at 30 April 2024
268,329
Amounts falling due within one year
Accrued income and prepayments
926
1,111
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,119
10,000
Taxes and social security
29,973
30,176
Loans from directors
25,753
6,258
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).