REGISTERED NUMBER: 04400578

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Steel Benders (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Cooper

M D Cooper

P Anderson

REGISTERED OFFICE:

Dockside Road Industrial Estate

Cochranes Wharf

Cargo Fleet

Middlesbrough

Cleveland

TS3 6AU

REGISTERED NUMBER:

04400578

ACCOUNTANTS:

Wasley Chapman LLP

Chartered Accountants

7 Eggleston Court

Riverside Park

Middlesbrough

TS2 1RU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,200,374

2,838,051

3,200,374

2,838,051

CURRENT ASSETS

Stocks

418,302

453,379

Debtors

6

663,764

915,648

Cash at bank and in hand

101,755

498,986

1,183,821

1,868,013

CREDITORS

Amounts falling due within one year

7

928,818

1,336,798

NET CURRENT ASSETS

255,003

531,215

TOTAL ASSETS LESS CURRENT LIABILITIES

3,455,377

3,369,266

CREDITORS

Amounts falling due after more than one year

8

179,865

235,047

NET ASSETS

3,275,512

3,134,219

CAPITAL AND RESERVES

Called up share capital

275

275

Share premium

49,975

49,975

Capital redemption reserve

50,000

50,000

Retained earnings

3,175,262

3,033,969

3,275,512

3,134,219

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

T Cooper - Director

1.	STATUTORY INFORMATION

Steel Benders (UK) Limited, is a private company, limited by shares, registered in the United Kingdom. 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of nil 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

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

20% 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.

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

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 24 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

3,400

AMORTISATION

At 1 April 2024

and 31 March 2025

3,400

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

1,562,926

1,949,519

56,163

Additions

386,879

143,816

-

At 31 March 2025

1,949,805

2,093,335

56,163

DEPRECIATION

At 1 April 2024

-

736,865

17,628

Charge for year

-

152,253

5,184

At 31 March 2025

-

889,118

22,812

NET BOOK VALUE

At 31 March 2025

1,949,805

1,204,217

33,351

At 31 March 2024

1,562,926

1,212,654

38,535

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

110,867

123,070

3,802,545

Additions

-

-

530,695

At 31 March 2025

110,867

123,070

4,333,240

DEPRECIATION

At 1 April 2024

99,241

110,760

964,494

Charge for year

4,500

6,435

168,372

At 31 March 2025

103,741

117,195

1,132,866

NET BOOK VALUE

At 31 March 2025

7,126

5,875

3,200,374

At 31 March 2024

11,626

12,310

2,838,051

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

620,676

896,381

Other debtors

43,088

19,267

663,764

915,648

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

343,764

698,444

Taxation and social security

152,616

201,968

Other creditors

432,438

436,386

928,818

1,336,798

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

179,865

235,047