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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
Page
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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
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Cold Steel Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
114,535 
128,285 
Investments
268,329 
260,311 
382,864 
388,596 
Current assets
Inventories
16,593 
16,593 
Debtors
926 
7,214 
Cash at bank and in hand
24,137 
4,577 
41,656 
28,384 
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 
Capital and reserves
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
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Cold Steel Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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% RBM
Motor vehicles
25% RBM
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 
Depreciation
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 
Net book value
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 
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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 
Additions
31,169 
Disposals
(23,151)
Valuation at 30 April 2024
268,329 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,069 
Accrued income and prepayments
926 
1,111 
Other debtors
- 
1,034 
926 
7,214 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,119 
10,000 
VAT
8,507 
6,630 
Trade creditors
- 
581 
Taxes and social security
29,973 
30,176 
Loans from directors
25,753 
6,258 
Accruals
3,500 
3,500 
77,852 
57,145 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,661 
25,000 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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