REGISTERED NUMBER: 02955425 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 December 2024

for

The Steel Protection Consultancy Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

W H Deacon

Secretary:

Mrs T Deacon

Registered office:

Ironstone House

4 Ironstone Way

Briworth

Northampton

NN6 9UD

Registered number:

02955425 (England and Wales)

Accountants:

R Vann Ltd

Chartered Certified Accountants

Ironstone House

Ironstone Way

Brixworth

Northamptonshire

NN6 9UD

Fixed assets

Tangible assets

4

2,756

2,271

Current assets

Debtors

5

59,478

76,592

Cash at bank

43,393

42,758

102,871

119,350

Creditors

Amounts falling due within one year

6

53,948

57,475

Net current assets

48,923

61,875

Total assets less current liabilities

51,679

64,146

Creditors

Amounts falling due after more than one year

7

(7,025

)

(15,621

)

Provisions for liabilities

(524

)

(431

)

Net assets

44,130

48,094

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

43,130

47,094

44,130

48,094

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2025 and were signed by:

W H Deacon - Director

1.	Statutory information

The Steel Protection Consultancy 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 etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 3 (2023 - 3 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2024

15,832

Additions

1,851

At 31 December 2024

17,683

Depreciation

At 1 January 2024

13,561

Charge for year

1,366

At 31 December 2024

14,927

Net book value

At 31 December 2024

2,756

At 31 December 2023

2,271

5.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade debtors

58,029

75,128

Other debtors

1,449

1,464

59,478

76,592

6.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Bank loans and overdrafts

8,550

8,550

Trade creditors

(2

)

1

Taxation and social security

30,006

33,638

Other creditors

15,394

15,286

53,948

57,475

7.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Bank loans

7,025

15,621

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

W H Deacon

Balance outstanding at start of year

(13,900

)

(8,528

)

Amounts advanced

29,628

24,628

Amounts repaid

(30,000

)

(30,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(14,272

)

(13,900

)