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REGISTERED NUMBER: 07087632 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

STEEL SHOT COMPANY LIMITED

STEEL SHOT COMPANY LIMITED (REGISTERED NUMBER: 07087632)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STEEL SHOT COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTOR: S P Dales





SECRETARY:





REGISTERED OFFICE: Unit 18 Unit 18 Melton Enterprise Park
Redcliff Road
Melton
East Yorkshire
HU14 3RS





REGISTERED NUMBER: 07087632 (England and Wales)





ACCOUNTANTS: The Accountancy & Administration Bureau
31 Thornfields
Thorngumbald
East Riding

STEEL SHOT COMPANY LIMITED (REGISTERED NUMBER: 07087632)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,169 43,746

CURRENT ASSETS
Stocks 451,270 396,467
Debtors 5 114,544 64,875
Cash at bank and in hand 200,964 313,483
766,778 774,825
CREDITORS
Amounts falling due within one year 6 381,668 445,316
NET CURRENT ASSETS 385,110 329,509
TOTAL ASSETS LESS CURRENT
LIABILITIES

408,279

373,255

PROVISIONS FOR LIABILITIES 4,198 8,658
NET ASSETS 404,081 364,597

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 404,079 364,595
SHAREHOLDERS' FUNDS 404,081 364,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2025 and were signed by:



S P Dales - Director


STEEL SHOT COMPANY LIMITED (REGISTERED NUMBER: 07087632)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Steel Shot Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 25% on cost
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

STEEL SHOT COMPANY LIMITED (REGISTERED NUMBER: 07087632)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 4,904 140,602 145,506
Disposals - (28,674 ) (28,674 )
At 31 March 2025 4,904 111,928 116,832
DEPRECIATION
At 1 April 2024 4,904 96,856 101,760
Charge for year - 17,965 17,965
Eliminated on disposal - (26,062 ) (26,062 )
At 31 March 2025 4,904 88,759 93,663
NET BOOK VALUE
At 31 March 2025 - 23,169 23,169
At 31 March 2024 - 43,746 43,746

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 83,260 45,857
Other debtors 31,284 19,018
114,544 64,875

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 30,585 45,515
Taxation and social security 31,164 21,136
Other creditors 319,919 378,665
381,668 445,316