SPECIALIST TUBE SUPPLIES LIMITED

Company Registration Number:
04987605 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

SPECIALIST TUBE SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

SPECIALIST TUBE SUPPLIES LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 78,000 78,000
Total fixed assets: 78,000 78,000
Current assets
Stocks: 77,366 143,009
Debtors:   1,629,200 1,833,659
Cash at bank and in hand: 50,338 13,571
Total current assets: 1,756,904 1,990,239
Creditors: amounts falling due within one year: 4 (824,984) (1,000,226)
Net current assets (liabilities): 931,920 990,013
Total assets less current liabilities: 1,009,920 1,068,013
Creditors: amounts falling due after more than one year: 5 (12,528) (22,478)
Provision for liabilities: (7,000) (5,000)
Total net assets (liabilities): 990,392 1,040,535
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 990,292 1,040,435
Shareholders funds: 990,392 1,040,535

The notes form part of these financial statements

SPECIALIST TUBE SUPPLIES LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 January 2025
and signed on behalf of the board by:

Name: Robert Brown
Status: Director

The notes form part of these financial statements

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover consists of the net invoiced value of goods and services supplied in the ordinary course of business net of discounts and excluding Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation has been calciulated to write off the cost, less residual value, of fixed assets over their useful lives by the straight line method from the date of acquisition at the following annual rates : Motor vehicles : 20% Plant and machinery : 50%.

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 289,905
At 30 April 2024 289,905
Depreciation
At 01 May 2023 211,905
At 30 April 2024 211,905
Net book value
At 30 April 2024 78,000
At 30 April 2023 78,000

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

Creditors - amounts falling due within one year include £10,005 (2023:£10,058) in respect of a COVID Bounce Back Loan.

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

Creditors - amounts falling due after one year include £12,528 (2023:£22,478) in respect of a COVID Bounce Back Loan, which is wholly repayable within 5 years.

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Loans to directors

Any loans made to Directors during the year are transferred to the company's ultimate parent company.

SPECIALIST TUBE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Related party transactions

During the financial period, the company made sales (including recharges of expenditure) to the following related companies which are fellow subsidiaries J and O Group Limited : Specialist Rebar Supplies Limited - £199,484 (2023:£549,778) During the financial period, the company made purchases (including in relation to the recharge of expenditure) from the following related companies which are fellow subsidiaries J and O Group Limited : Specialist Rebar Supplies Limited - £312,251 (2023:£891,264) Anvil Hire Limited - £145,733 (2023:£165,066) J and O Group Limited £25,617 (2023:£20,725) Included within debtors are amounts due from the following related companies: Anvil Hire Limited - £618,866 (2023:£767,966)Specialist Rebar Supplies Limited - £66,975 (2023 £43,564) Chargill Limited - £600,885 (2023:£519,386)J and O Group Limited - £61,500 (2023:£61,500) Included within creditors are amounts due to the following related companies: Anvil Hire Limited - £8,473 (2023:£17,516)Specialist Rebar Supplies Limited - £319,055 (2023:£385,936)J and O Group Limited - £ 18,820 (2023:£-638) Chargill Limited - £nil (2023:£ nil)