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Registered number: 14584431

Next Day Steel Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2025

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Next Day Steel Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
DIRECTORS
Israel Gross
Paltiel Klein
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14584431
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Next Day Steel Limited

ACCOUNTS
FOR THEYEARENDED31/01/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Next Day Steel Limited

BALANCE SHEET AT 31/01/2025
20252024
Notes££
FIXED ASSETS
Tangible assets3438,582204,833
CURRENT ASSETS
Stock268,678179,407
Debtors516,818748
Cash at bank and in hand26,61337,692
312,109217,847
CREDITORS: Amounts falling due within one year6483,221390,575
NET CURRENT LIABILITIES(171,112)(172,728)
TOTAL ASSETS LESS CURRENT LIABILITIES267,47032,105
CREDITORS: Amounts falling due after more than one year784,740-
NET ASSETS182,73032,105
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account182,63032,005
SHAREHOLDERS' FUNDS182,73032,105
For the year ending 31/01/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/03/2025 and signed on their behalf by
.............................
Israel Gross
Director
.............................
Paltiel Klein
Director

Next Day Steel Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees45

Next Day Steel Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsTotal
££££
Cost
At 01/02/2024241,305-15,719257,024
Additions298,78145,1333,240347,154
At 31/01/2025540,08645,13318,959604,178
Depreciation
At 01/02/202448,261-3,93052,191
For the year98,36511,2833,757113,405
At 31/01/2025146,62611,2837,687165,596
Net Book Amounts
At 31/01/2025393,46033,85011,272438,582
At 31/01/2024193,044-11,789204,833
4. STOCK 20252024
££
Stock comprises:
Stock268,678179,407
268,678179,407
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors278-
PAYE control402362
Other debtors-386
Prepayments16,138-
16,818748

Next Day Steel Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
VAT55,31634,846
Trade creditors82,84464,604
Other creditors342,311289,125
Accruals2,7502,000
483,221390,575
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Hire purchase >1yr84,740-
84,740-
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100