Steiny's Limited - Accounts

Steiny's Limited
Balance Sheet
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	94,902	93,905
		94,902	93,905
Current assets
Stocks	4	8,064	10,453
Debtors	5	642,866	294,025
Cash at bank and in hand		664,291	709,894
		1,315,221	1,014,372
Creditors: amount falling due within one year	6	(441,748)	(320,602)
Net current assets		873,473	693,770

Total assets less current liabilities		968,375	787,675
Creditors: amount falling due after more than one year	7	(26,302)	(34,618)
Net assets		942,073	753,057

Capital and reserves
Called up share capital		4,391	4,391
Share premium account	8	235,609	235,609
Profit and loss account		702,073	513,057
Shareholders' funds		942,073	753,057

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 23 September 2025 and were signed by:

-------------------------------
Marc Summers
Director

Steiny's Limited
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Steiny's Limited is a private company, limited by shares, registered in England and Wales, registration number 10519097, registration address 65 Commercial Street,, London, E1 6BD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Leasehold Property	10 Years Straight Line
Plant and Machinery	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 37 (2023 : 26).

Tangible fixed assets

Cost or valuation	Leasehold Property	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 January 2024	60,436	7,641	111,179	5,755	185,011
Additions	-	4,166	14,034	240	18,440
Disposals	-	-	-	-	-
At 31 December 2024	60,436	11,807	125,213	5,995	203,451
Depreciation
At 01 January 2024	21,675	1,731	64,494	3,205	91,105
Charge for year	4,649	1,656	10,625	514	17,444
On disposals	-	-	-	-	-
At 31 December 2024	26,324	3,387	75,119	3,719	108,549
Net book values
Closing balance as at 31 December 2024	34,112	8,420	50,094	2,276	94,902
Opening balance as at 01 January 2024	38,761	5,909	46,685	2,550	93,905

Stocks

	2024 £		2023 £
Stocks	8,064		10,453
	8,064		10,453

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	2,107	23,239
Accrued Income	0	0
Other Debtors	640,759	270,786
	642,866	294,025

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	55,474	35,708
Bank Loans & Overdrafts	6,478	3,613
Corporation Tax	62,955	57,033
PAYE control account	33,230	26,885
Other Creditors	176,601	116,704
Prior Year Adjustment	0	0
VAT	107,010	80,659
	441,748	320,602

Creditors: amount falling due after more than one year

	2024 £		2023 £
Bank Loans & Overdrafts	26,302		34,618
	26,302		34,618

Share premium account

	2024 £		2023 £
Equity Share Premium b/fwd	235,609		235,609
	235,609		235,609

Registered Number: 10519097
England and Wales
STEINY'S LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 December 2024