Company Registration Number 10175907 (England and Wales)
MANCHESTER STEEL SUPPLIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
MANCHESTER STEEL SUPPLIES LTD
BALANCE SHEET
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
1
129,407
102,906
Current assets
Stocks
16,100
20,500
Debtors
2
82,813
69,866
Cash at bank and in hand
25,286
16,222
124,199
106,588
Creditors: amounts falling due within one year
3
(76,388)
(58,449)
Net current assets
47,811
48,139
Total assets less current liabilities
177,218
151,045
Creditors: amounts falling due after more than one year
4
(12,184)
(22,667)
Net assets
165,034
128,378
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
164,934
128,278
Total equity
165,034
128,378
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
(e) truethe company has relied on the specified exemption relating to the preparation of abridged financial statements contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company; and the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.
For the year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
MANCHESTER STEEL SUPPLIES LTD
BALANCE SHEET (CONTINUED)
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 26 September 2025 and are signed on its behalf by:
Mr Kenny Reeves
Director
Company Registration No. 10175907
MANCHESTER STEEL SUPPLIES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2025
31 May 2025
- 3 -
1
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 June 2024
71,432
23,465
4,708
61,930
161,535
Additions
36,877
11,259
48,136
At 31 May 2025
108,309
34,724
4,708
61,930
209,671
Depreciation and impairment
At 1 June 2024
22,563
8,890
3,230
23,946
58,629
Depreciation charged in the year
8,575
5,167
296
7,597
21,635
At 31 May 2025
31,138
14,057
3,526
31,543
80,264
Carrying amount
At 31 May 2025
77,171
20,667
1,182
30,387
129,407
At 31 May 2024
48,869
14,575
1,478
37,984
102,906
2
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
28,866
29,866
Other debtors
53,947
40,000
82,813
69,866
3
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Other borrowings
24,085
4,885
Trade creditors
13,947
14,246
Corporation tax
14,777
9,356
Other taxation and social security
21,329
22,812
Accruals and deferred income
2,250
7,150
76,388
58,449
4
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
12,184
22,667