REGISTERED NUMBER: 04441387 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Littleton Steel Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

4,000

-

Tangible assets

5

274,864

306,585

278,864

306,585

CURRENT ASSETS

Debtors

6

2,145,924

1,390,484

Cash at bank and in hand

248,260

297,320

2,394,184

1,687,804

CREDITORS

Amounts falling due within one year

7

894,343

395,025

NET CURRENT ASSETS

1,499,841

1,292,779

TOTAL ASSETS LESS CURRENT LIABILITIES

1,778,705

1,599,364

CREDITORS

Amounts falling due after more than one year

8

(89,954

)

(134,383

)

PROVISIONS FOR LIABILITIES

(68,715

)

(76,646

)

NET ASSETS

1,620,036

1,388,335

CAPITAL AND RESERVES

Called up share capital

33

33

Capital redemption reserve

66

66

Retained earnings

1,619,937

1,388,236

1,620,036

1,388,335

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 by the director and authorised for issue on 22 December 2025 and were signed by:

Mr A J Raines - Director

1.	STATUTORY INFORMATION

Littleton Steel Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04441387

Registered office:

Bristol Road

Hewish

Weston-Super-Mare

BS24 6SF

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 design is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost, 25% on cost, 20% on cost, 10% on cost and not provided

Financial instruments

Classification

The company holds the following financial instruments:

Short term debtors and creditors;

Cash and bank balances; and

Unlisted investments.

All financial instruments are classified as basic.

Recognition and measurement

The company has elected to apply the provisions FRS102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transition costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Website

design

£

COST

Additions

5,000

At 31 March 2025

5,000

AMORTISATION

Amortisation for year

1,000

At 31 March 2025

1,000

NET BOOK VALUE

At 31 March 2025

4,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

136,171

247,983

384,154

Additions

12,806

23,585

36,391

Disposals

-

(8,500

)

(8,500

)

At 31 March 2025

148,977

263,068

412,045

DEPRECIATION

At 1 April 2024

14,239

63,330

77,569

Charge for year

14,090

53,002

67,092

Eliminated on disposal

-

(7,480

)

(7,480

)

At 31 March 2025

28,329

108,852

137,181

NET BOOK VALUE

At 31 March 2025

120,648

154,216

274,864

At 31 March 2024

121,932

184,653

306,585

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

650,987

329,645

Other debtors

1,494,937

1,060,839

2,145,924

1,390,484

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other loans

26,061

26,521

Hire purchase contracts

19,084

16,868

Trade creditors

654,383

313,912

Tax

32,007

-

Social security and other taxes

16,630

21,099

Other creditors

103,174

9,755

Accrued expenses

43,004

6,870

894,343

395,025

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Other loans - 1-2 years

55,744

81,089

Hire purchase contracts

34,210

53,294

89,954

134,383

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as restated

£

£

Hire purchase contracts

53,294

70,162