STEER ENERGY SOLUTIONS LIMITED

Company Registration Number:
SC433078 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

STEER ENERGY SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

STEER ENERGY SOLUTIONS LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 12,741 14,478
Investments: 4 1 1
Total fixed assets: 12,742 14,479
Current assets
Debtors:   241,116 218,468
Cash at bank and in hand: 488,563 167,833
Total current assets: 729,679 386,301
Creditors: amounts falling due within one year:   (381,429) (81,155)
Net current assets (liabilities): 348,250 305,146
Total assets less current liabilities: 360,992 319,625
Total net assets (liabilities): 360,992 319,625
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 359,992 318,625
Shareholders funds: 360,992 319,625

The notes form part of these financial statements

STEER ENERGY SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 August 2025
and signed on behalf of the board by:

Name: Iain Chirnside
Status: Director

The notes form part of these financial statements

STEER ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STEER ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 11 9

STEER ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 50,533
Additions 5,041
At 31 December 2024 55,574
Depreciation
At 01 January 2024 36,055
Charge for year 6,778
At 31 December 2024 42,833
Net book value
At 31 December 2024 12,741
At 31 December 2023 14,478

STEER ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Steer Energy Manufacturing Limited is a wholly owned subsidiary incorporated in Scotland (SC708314). The company commenced trading in June 2023. During the year, the company charged £12,178 (2023 £187,333) to Steer Energy Manufacturing Limited and at the end of the year was owed £169 (2023 £75,991) by the company.

STEER ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party: Steer Energy Manufacturing Limited
Relationship:
Subsidiary
Description of the Transaction: During the year, the company charged £12,178 (2023 £187,333) to Steer Energy Manufacturing Limited for services provided.
£
Balance at 01 January 2024 75,991
Balance at 31 December 2024 169