REGISTERED NUMBER: SC376576 (Scotland)

Unaudited Financial Statements For The Year Ended 5th April 2025

for

NETHY STEEL LIMITED

Page

Balance Sheet

1

Fixed assets

121,382

154,067

Current assets

314,891

433,039

Creditors

Amounts falling due within one year

(215,924

)

(338,655

)

Net current assets

98,967

94,384

Total assets less current liabilities

220,349

248,451

Creditors

Amounts falling due after more than one year

(26,997

)

(55,744

)

Net assets

193,352

192,707

Capital and reserves

193,352

192,707

Notes to the financial statements

1.	Statutory information

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

Registered number:

SC376576

Registered office:

23 Lynstock Crescent

Nethy Bridge

Inverness-shire

PH25 3DX

2.	Average number of employees

The average number of employees during the year was 8 (2024 - 5 ) .

3.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 5th April 2025 and 5th April 2024:

2025

2024

£

£

Mr R Stuart and Mrs H J Stuart

Balance outstanding at start of year

(119,973

)

34

Amounts advanced

(20,039

)

-

Amounts repaid

142,650

(120,007

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,638

(119,973

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd December 2025 and were signed on its behalf by:

Mr R Stuart - Director