REGISTERED NUMBER: 03338865 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

EUROPEAN STRUCTURAL STEELS

& REINFORCEMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

Mr M T Chaudhri

Secretary:

Mrs A Chaudhri

Registered office:

14 Hanover Gardens

Hainault

Ilford

Essex

IG6 2RA

Registered number:

03338865 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

7,342

13,216

Current assets

Debtors

5

53,904

96,036

Cash at bank

2,338

92,914

56,242

188,950

Creditors

Amounts falling due within one year

6

61,318

154,272

Net current (liabilities)/assets

(5,076

)

34,678

Total assets less current liabilities

2,266

47,894

Provisions for liabilities

7

1,400

2,500

Net assets

866

45,394

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

766

45,294

Shareholders' funds

866

45,394

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 5 December 2025 and were signed by:

Mr M T Chaudhri - Director

1.	Statutory information

European Structural Steels & Reinforcements 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.

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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There were no significant estimates or judgements required in the preparation of these accounts..

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

23,495

665

24,160

Depreciation

At 1 April 2024

10,279

665

10,944

Charge for year

5,874

-

5,874

At 31 March 2025

16,153

665

16,818

Net book value

At 31 March 2025

7,342

-

7,342

At 31 March 2024

13,216

-

13,216

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

21,640

90,360

Other debtors

32,264

5,676

53,904

96,036

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

33,360

52,151

Taxation and social security

25,458

69,635

Other creditors

2,500

32,486

61,318

154,272

7.	Provisions for liabilities

2025

2024

£

£

Deferred tax

Accelerated capital allowances

1,400

2,500

Deferred tax

£

Balance at 1 April 2024

2,500

Provided during year

(1,100

)

Balance at 31 March 2025

1,400

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary £1 shares

1

100

100

9.

Reserves

Retained

earnings

£

At 1 April 2024

45,294

Profit for the year

62,972

Dividends

(107,500

)

At 31 March 2025

766

10.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr M T Chaudhri

Balance outstanding at start of year

(30,209

)

(12,208

)

Amounts advanced

46,746

29,157

Amounts repaid

-

(47,158

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,537

(30,209

)

Amounts overdrawn by the director are interest free and repayable on demand.