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REGISTERED NUMBER: 11024479 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Steel Mill Events Limited

Steel Mill Events Limited (Registered number: 11024479)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Steel Mill Events Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: P J Cates





REGISTERED OFFICE: Star Works
Frederick Street
Wolverhampton
West Midlands
WV2 4DU





REGISTERED NUMBER: 11024479 (England and Wales)





ACCOUNTANTS: N R Penn & Co Limited
The Association Of Accounting Technicians
5 Load Street
Bewdley
Worcestershire
DY12 2AF

Steel Mill Events Limited (Registered number: 11024479)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,325 104,270

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 5 7,189 1,530
Cash at bank and in hand 273,273 227,827
284,462 233,357
CREDITORS
Amounts falling due within one year 6 231,553 196,354
NET CURRENT ASSETS 52,909 37,003
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,234

141,273

CREDITORS
Amounts falling due after more than
one year

7

59,450

46,667
NET ASSETS 98,784 94,606

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,684 94,506
98,784 94,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Steel Mill Events Limited (Registered number: 11024479)

Balance Sheet - continued
30 September 2024


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 19 June 2025 and were signed by:





P J Cates - Director


Steel Mill Events Limited (Registered number: 11024479)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Steel Mill Events 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% 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.

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.

Steel Mill Events Limited (Registered number: 11024479)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 116,109 23,699 5,757 145,565
Additions 20,570 - 1,164 21,734
At 30 September 2024 136,679 23,699 6,921 167,299
DEPRECIATION
At 1 October 2023 34,305 5,925 1,065 41,295
Charge for year 15,356 4,444 879 20,679
At 30 September 2024 49,661 10,369 1,944 61,974
NET BOOK VALUE
At 30 September 2024 87,018 13,330 4,977 105,325
At 30 September 2023 81,804 17,774 4,692 104,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 7,189 1,530

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 150,499 102,115
Taxation and social security 25,787 56,305
Other creditors 55,267 37,934
231,553 196,354

Steel Mill Events Limited (Registered number: 11024479)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 16,666 26,667
Other creditors 42,784 20,000
59,450 46,667