REGISTERED NUMBER: 07492365 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

SSS INDUSTRIAL DOORS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J F Holker

Ms H Bentham

REGISTERED OFFICE:

67 Chorley Old Road

Bolton

BL1 3AJ

REGISTERED NUMBER:

07492365 (England and Wales)

ACCOUNTANTS:

Ryans

Chartered Accountants

67 Chorley Old Road

Bolton

BL1 3AJ

FIXED ASSETS

Tangible assets

4

611,399

494,561

CURRENT ASSETS

Stocks

245,000

207,000

Debtors

683,347

544,170

Cash at bank

127,964

130,543

1,056,311

881,713

CREDITORS

Amounts falling due within one year

758,439

472,966

NET CURRENT ASSETS

297,872

408,747

TOTAL ASSETS LESS CURRENT LIABILITIES

909,271

903,308

CREDITORS

Amounts falling due after more than one year

(88,337

)

(96,395

)

PROVISIONS FOR LIABILITIES

(91,372

)

(81,686

)

NET ASSETS

729,562

725,227

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

729,560

725,225

SHAREHOLDERS' FUNDS

729,562

725,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 28th October 2025 and were signed on its behalf by:

A J F Holker - Director

1.	STATUTORY INFORMATION

SSS Industrial Doors 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 35 (2024 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st February 2024

695,862

Additions

202,837

At 31st January 2025

898,699

DEPRECIATION

At 1st February 2024

201,301

Charge for year

85,999

At 31st January 2025

287,300

NET BOOK VALUE

At 31st January 2025

611,399

At 31st January 2024

494,561

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1st February 2024

233,907

Additions

67,000

At 31st January 2025

300,907

DEPRECIATION

At 1st February 2024

73,251

Charge for year

41,893

At 31st January 2025

115,144

NET BOOK VALUE

At 31st January 2025

185,763

At 31st January 2024

160,656

5.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

44,514

40,461

Between one and five years

79,461

77,019

123,975

117,480

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

123,975

117,480

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2025 and 31st January 2024:

2025

2024

£

£

A J F Holker and Ms H Bentham

Balance outstanding at start of year

-

-

Amounts advanced

171,065

-

Amounts repaid

(157,015

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,050

-

Interest is charged at HMRC prevailing rates on overdrawn balances accordingly.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directer by virtue of his ownership of all the issued share capital in SSS Industrial Holdings Ltd,