1 January 2024 false No description of principal activity Taxfiler 2024.6 04958828business:PrivateLimitedCompanyLtd2024-01-012024-12-31 049588282023-12-31 049588282024-01-012024-12-31 04958828business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 04958828business:FilletedAccounts2024-01-012024-12-31 049588282024-12-31 04958828business:Director12024-01-012024-12-31 04958828business:Director22024-01-012024-12-31 049588282023-12-31 04958828core:WithinOneYear2024-12-31 04958828core:WithinOneYear2023-12-31 04958828core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 04958828core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 04958828core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 04958828core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 04958828core:PreviouslyStatedAmount2024-12-31 04958828core:PreviouslyStatedAmount2023-12-31 04958828business:SmallEntities2024-01-012024-12-31 04958828countries:EnglandWales2024-01-012024-12-31 04958828core:PlantMachinery2024-01-012024-12-31 04958828core:MotorVehicles2024-01-012024-12-31 04958828core:Goodwill2023-12-31 04958828core:Goodwill2024-12-31 04958828core:PlantMachinery2023-12-31 04958828core:MotorVehicles2023-12-31 04958828core:PlantMachinery2024-12-31 04958828core:MotorVehicles2024-12-31 049588282023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04958828 (England and Wales)
TP Steelwork Ltd Unaudited accounts for the year ended 31 December 2024
TP Steelwork Ltd Unaudited accounts Contents
Page
- 2 -
TP Steelwork Ltd Company Information for the year ended 31 December 2024
Directors
Clive Gibbard Andrew Needle
Company Number
04958828 (England and Wales)
Accountants
Mosaic Accounting Limited Frensham Blakes Hill, North Littleton, Evesham Warwickshire WR11 8QN
- 3 -
TP Steelwork Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,155 
14,872 
Current assets
Inventories
4,489 
3,250 
Debtors
118,438 
131,918 
Cash at bank and in hand
122,823 
105,937 
245,750 
241,105 
Creditors: amounts falling due within one year
(78,322)
(107,129)
Net current assets
167,428 
133,976 
Net assets
178,583 
148,848 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
178,483 
148,748 
Shareholders' funds
178,583 
148,848 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2025 and were signed on its behalf by
Clive Gibbard Director Company Registration No. 04958828
- 4 -
TP Steelwork Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
TP Steelwork Ltd is a private company, limited by shares, registered in England and Wales, registration number 04958828.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
40,000 
At 31 December 2024
40,000 
Amortisation
At 1 January 2024
40,000 
At 31 December 2024
40,000 
Net book value
At 31 December 2024
- 
- 5 -
TP Steelwork Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
44,793 
40,793 
85,586 
At 31 December 2024
44,793 
40,793 
85,586 
Depreciation
At 1 January 2024
32,119 
38,595 
70,714 
Charge for the year
3,168 
549 
3,717 
At 31 December 2024
35,287 
39,144 
74,431 
Net book value
At 31 December 2024
9,506 
1,649 
11,155 
At 31 December 2023
12,674 
2,198 
14,872 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
115,787 
129,695 
Other debtors
2,651 
2,223 
118,438 
131,918 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,524 
9,957 
Trade creditors
25,216 
39,454 
Taxes and social security
45,582 
44,571 
Other creditors
- 
13,147 
Accruals
2,000 
- 
78,322 
107,129 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -