REGISTERED NUMBER: 10517971 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

ELLAND STEEL ERECTION SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P C Moss

REGISTERED OFFICE:

Lloyds Bank Chambers

43 Hustlergate

Bradford

BD1 1UQ

REGISTERED NUMBER:

10517971 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

5,014

4,501

CURRENT ASSETS

Debtors

5

84,944

96,052

Cash at bank

42,899

68,095

127,843

164,147

CREDITORS

Amounts falling due within one year

6

36,582

65,005

NET CURRENT ASSETS

91,261

99,142

TOTAL ASSETS LESS CURRENT LIABILITIES

96,275

103,643

PROVISIONS FOR LIABILITIES

953

856

NET ASSETS

95,322

102,787

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

95,222

102,687

SHAREHOLDERS' FUNDS

95,322

102,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 15 April 2025 and were signed by:

P C Moss - Director

1.	STATUTORY INFORMATION

Elland Steel Erection Services Ltd 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 represents the value of revenue recognised as earned for the supply of goods and services during the year, excluding value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated on a straight line basis to write off the assets over their estimated useful lives at the following annual rates:

Fixture & Fittings - 33%

Motor vehicles - 20%

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.

Contract revenue recognition

Revenue relating to contracts is recognised as earned when and to the extent that the company obtains the right to consideration in exchange for the supply of goods and performance of services under contracts with customers. Revenue is generally recognised as contract activity progresses, such that for incomplete contracts it reflects the partial performance of contractual obligations.

The amount of profit recognised on incomplete contracts is the lower of the profit earned to date and the

appropriate proportion of profit expected at completion. Full provision is made for known or expected losses at completion immediately such losses are identified.

The amount by which revenue recognised on incomplete contracts exceeds payments received on account is classified in the balance sheet as ''Amounts recoverable on contracts''.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment,

fixtures

and

fittings

£

COST

At 1 January 2024

5,662

Additions

5,700

Disposals

(4,167

)

At 31 December 2024

7,195

DEPRECIATION

At 1 January 2024

1,161

Charge for year

1,020

At 31 December 2024

2,181

NET BOOK VALUE

At 31 December 2024

5,014

At 31 December 2023

4,501

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

41,126

30,127

Amounts recoverable on

contracts

16,451

-

Other debtors

27,367

65,925

84,944

96,052

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

7,192

22,942

Corporation tax

14,280

22,962

Other creditors

12,150

15,650

Directors' current accounts

160

741

Accruals and deferred income

2,800

2,710

36,582

65,005

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100