Mann Buck Steels Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07276580 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

Mann Buck Steels Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

W B Mann

REGISTERED OFFICE:

2 The Elms

Marden Ash

Ongar

Essex

CM5 9EJ

REGISTERED NUMBER:

07276580 (England and Wales)

ACCOUNTANTS:

Moulton Johnson Limited

Chartered Accountants

29a Crown Street

Brentwood

Essex

CM14 4BA

FIXED ASSETS

Intangible assets

4

1

Tangible assets

5

3

4

CURRENT ASSETS

Stocks

19,778

29,541

Debtors

6

71,319

62,351

Cash at bank

6,202

14,668

97,299

106,560

CREDITORS

Amounts falling due within one year

7

84,737

79,399

NET CURRENT ASSETS

12,562

27,161

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,566

27,165

CREDITORS

Amounts falling due after more than one
year

8

3,758

13,282

NET ASSETS

8,808

13,883

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

8,807

13,882

SHAREHOLDERS' FUNDS

8,808

13,883

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 26th September 2025 and were signed by:

W B Mann - Director

1.	STATUTORY INFORMATION

Mann Buck Steels 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.

Revenue recognition

Turnover represents the amounts derived from the sale of goods. Turnover is recognised when goods are despatched and is stated net of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

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

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

10,000

AMORTISATION

At 1st January 2024

and 31st December 2024

9,999

NET BOOK VALUE

At 31st December 2024

1

At 31st December 2023

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

4,236

DEPRECIATION

At 1st January 2024

and 31st December 2024

4,233

NET BOOK VALUE

At 31st December 2024

3

At 31st December 2023

3

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

22,801

11,283

Other debtors

48,518

51,068

71,319

62,351

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

10,000

10,488

Trade creditors

55,687

45,395

Taxation and social security

16,100

20,159

Other creditors

2,950

3,357

84,737

79,399

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

3,758

13,282

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

W B Mann

Balance outstanding at start of year

47,736

19,041

Amounts advanced

54,828

69,717

Amounts repaid

(65,651

)

(41,022

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

36,913

47,736

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mann Buck Steels Limited for the year ended 31st December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Mann Buck Steels Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mann Buck Steels Limited and state those matters that we have agreed to state to the director of Mann Buck Steels Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mann Buck Steels Limited and its director for our work or for this report.

It is your duty to ensure that Mann Buck Steels Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mann Buck Steels Limited. You consider that Mann Buck Steels Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mann Buck Steels Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moulton Johnson Limited

Chartered Accountants

29a Crown Street

Brentwood

Essex

CM14 4BA

Date: .............................................