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REGISTERED NUMBER: 03875713 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

STEEL FAB (UK) LIMITED

STEEL FAB (UK) LIMITED (REGISTERED NUMBER: 03875713)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STEEL FAB (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2025







DIRECTORS: Mr C Hindle
Mrs W Hindle





REGISTERED OFFICE: Steel Fab House
Bold Street
Preston
Lancashire
PR1 7NX





REGISTERED NUMBER: 03875713 (England and Wales)





ACCOUNTANTS: James Todd & Co
Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH

STEEL FAB (UK) LIMITED (REGISTERED NUMBER: 03875713)

BALANCE SHEET
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,800 110,944

CURRENT ASSETS
Stocks 28,867 25,559
Debtors 5 33,623 26,243
Cash at bank 117,034 224,221
179,524 276,023
CREDITORS
Amounts falling due within one year 6 11,590 88,495
NET CURRENT ASSETS 167,934 187,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

276,734

298,472

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 276,634 298,372
276,734 298,472

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





Mr C Hindle - Director


STEEL FAB (UK) LIMITED (REGISTERED NUMBER: 03875713)

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


1. STATUTORY INFORMATION

Steel Fab (UK) 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 4 ) .

STEEL FAB (UK) LIMITED (REGISTERED NUMBER: 03875713)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 February 2024 37,562 497,969 80,720
Additions - 21,000 -
At 31 January 2025 37,562 518,969 80,720
DEPRECIATION
At 1 February 2024 - 449,014 76,198
Charge for year - 17,489 678
At 31 January 2025 - 466,503 76,876
NET BOOK VALUE
At 31 January 2025 37,562 52,466 3,844
At 31 January 2024 37,562 48,955 4,522

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 166,835 38,130 821,216
Additions - - 21,000
At 31 January 2025 166,835 38,130 842,216
DEPRECIATION
At 1 February 2024 153,573 31,487 710,272
Charge for year 3,316 1,661 23,144
At 31 January 2025 156,889 33,148 733,416
NET BOOK VALUE
At 31 January 2025 9,946 4,982 108,800
At 31 January 2024 13,262 6,643 110,944

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 20,085 18,136
Other debtors 407 -
VAT 9,598 5,334
Prepayments 3,533 2,773
33,623 26,243

STEEL FAB (UK) LIMITED (REGISTERED NUMBER: 03875713)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 7,027 68,284
Tax 953 12,055
Social security and other taxes - 5,956
Directors' current accounts 445 622
Accrued expenses 3,165 1,578
11,590 88,495