REGISTERED NUMBER: 02927301 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

HTF Stainless Steel Fabrication Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Fletcher

J K Fletcher

SECRETARY:

REGISTERED OFFICE:

81 Corporation Road

Ilkeston

Derbyshire

DE7 4BN

REGISTERED NUMBER:

02927301 (England and Wales)

ACCOUNTANT:

John Hamilton FCA

Chartered Accountant

2 Mundy Street

Heanor

Derbyshire

FIXED ASSETS

Tangible assets

4

266,360

336,695

CURRENT ASSETS

Stocks

12,350

16,350

Debtors

5

294,816

275,734

Cash at bank

258,098

263,584

565,264

555,668

CREDITORS

Amounts falling due within one year

6

294,086

250,630

NET CURRENT ASSETS

271,178

305,038

TOTAL ASSETS LESS CURRENT LIABILITIES

537,538

641,733

CREDITORS

Amounts falling due after more than one year

7

156,991

191,941

NET ASSETS

380,547

449,792

CAPITAL AND RESERVES

Called up share capital

400

300

Retained earnings

380,147

449,492

SHAREHOLDERS' FUNDS

380,547

449,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 8 August 2025 and were signed on its behalf by:

P A Fletcher - Director

J K Fletcher - Director

1.	STATUTORY INFORMATION

HTF Stainless Steel Fabrication 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

714,058

Additions

12,000

At 30 April 2025

726,058

DEPRECIATION

At 1 May 2024

377,363

Charge for year

82,335

At 30 April 2025

459,698

NET BOOK VALUE

At 30 April 2025

266,360

At 30 April 2024

336,695

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

389,100

DEPRECIATION

At 1 May 2024

70,584

Charge for year

74,172

At 30 April 2025

144,756

NET BOOK VALUE

At 30 April 2025

244,344

At 30 April 2024

318,516

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

255,529

250,603

Other debtors

39,287

25,131

294,816

275,734

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

-

5,000

Hire purchase contracts

47,069

48,438

Trade creditors

93,213

76,016

Taxation and social security

104,261

77,652

Other creditors

49,543

43,524

294,086

250,630

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

5,417

5,417

Hire purchase contracts

151,574

186,524

156,991

191,941

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

2,327

15,729

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

P A Fletcher

Balance outstanding at start of year

-

36,879

Amounts repaid

-

(36,879

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors by virtue of their beneficial interest in 100% of the issued share capital of the company.