Registered number
13891132
HIGH STEELE SOLUTIONS LIMITED
Report and Accounts
28 February 2025
M.I.Morris & Co.Ltd
Accountants, Taxation and Business Consultants
Office 5, 1st Floor
Voluntary House
112-113 Commercial Street
Maesteg
Bridgend
CF34 9DL
HIGH STEELE SOLUTIONS LIMITED
Report and accounts
Contents
Page
Company information 1
Director's report 2
Accountants' report 3
Profit and loss account 4
Balance sheet 5
Statement of changes in equity 6
Notes to the accounts 7
Tax Computation 8
HIGH STEELE SOLUTIONS LIMITED
Company Information
Director
Mr. Gavin Steele
Accountants
M.I.Morris & Co.Ltd
Office 5, 1st Floor, Voluntary House
112-113 Commercial Street
Maesteg
Bridgend
CF34 9DL
Registered office
10 Heol Pandy
Llangeinor
Bridgend
Mid Glamorgan
CF32 8RA
Registered number
13891132
HIGH STEELE SOLUTIONS LIMITED
Registered number: 13891132
Director's Report
The director presents his report and accounts for the year ended 28 February 2025.
Principal activities
The company's principal activity during the year continued to be Steele Fixing.
Directors
The following persons served as directors during the year:
Mr. Gavin Steele
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 20 April 2025 and signed on its behalf.
Mr. Gavin Steele
Director
HIGH STEELE SOLUTIONS LIMITED
Registered number: 13891132
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets - -
Tangible assets 5,800 -
Investments - -
5,800 -
Current assets
Stocks - -
Debtors 3 - 3,417
Investments held as current assets - -
Cash at bank and in hand 6,177 4,537
6,177 7,954
Creditors: amounts falling due within one year 4 (6,402) (4,229)
Net current (liabilities)/assets (225) 3,725
Total assets less current liabilities 5,575 3,725
Creditors: amounts falling due after more than one year - -
Provisions for liabilities - -
Net assets 5,575 3,725
Capital and reserves
Called up share capital - -
Share premium - -
Revaluation reserve - -
Profit and loss account 5,575 3,725
Shareholders' funds 5,575 3,725
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr. Gavin Steele
Director
Approved by the board on 20 April 2025
HIGH STEELE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2025 2024
£ £
Trade debtors - 3,417
4 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 6,402 4,229
5 Other information
HIGH STEELE SOLUTIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
10 Heol Pandy
Llangeinor
Bridgend
Mid Glamorgan
CF32 8RA
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