Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-311No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01falsetrue1true 13840728 2024-01-01 2024-12-31 13840728 2023-01-01 2023-12-31 13840728 2024-12-31 13840728 2023-12-31 13840728 c:Director1 2024-01-01 2024-12-31 13840728 c:RegisteredOffice 2024-01-01 2024-12-31 13840728 d:CurrentFinancialInstruments 2024-12-31 13840728 d:CurrentFinancialInstruments 2023-12-31 13840728 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13840728 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13840728 d:ShareCapital 2024-12-31 13840728 d:ShareCapital 2023-12-31 13840728 d:RetainedEarningsAccumulatedLosses 2024-12-31 13840728 d:RetainedEarningsAccumulatedLosses 2023-12-31 13840728 c:FRS102 2024-01-01 2024-12-31 13840728 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13840728 c:FullAccounts 2024-01-01 2024-12-31 13840728 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 13840728







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


AUSTEN STEELS LIMITED






































img07a1.png                        

 


AUSTEN STEELS LIMITED
 


 
COMPANY INFORMATION


Director
H Gupta 




Registered number
13840728



Registered office
4th Floor
95 Gresham Street

London

EC2V 7AB




Accountants
Menzies LLP
Chartered Accountants

95 Gresham Street

London

EC2V 7AB





 


AUSTEN STEELS LIMITED
REGISTERED NUMBER:13840728



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
614

Cash at bank and in hand
  
9,856
23,700

  
9,856
24,314

Creditors: amounts falling due within one year
 5 
(4,872)
(12,878)

Net current assets
  
 
 
4,984
 
 
11,436

Total assets less current liabilities
  
4,984
11,436

  

Net assets
  
4,984
11,436


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
(5,016)
1,436

  
4,984
11,436


Page 1

 


AUSTEN STEELS LIMITED
REGISTERED NUMBER:13840728


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H Gupta
Director

Date: 5 June 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2

 


AUSTEN STEELS LIMITED
 


 
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Austens Steels Limited is a private company, limited by shares, registered in England & Wales, company registration number 13840728. The registered office is 4th Floor, 95 Gresham Street, London, EC2V 7AB.
There is no principal place of business.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

  
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated through buying and selling of all types of steel products and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 3

 


AUSTEN STEELS LIMITED
 


 
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


VAT
-
614

-
614



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
7,378

Corporation tax
-
337

Other creditors
622
913

Accruals and deferred income
4,250
4,250

4,872
12,878


 
Page 4