Company Registration No. 03563009 (England and Wales)
Steprite Ltd
Unaudited accounts
for the year ended 31 March 2025
Steprite Ltd
Unaudited accounts
Contents
Steprite Ltd
Company Information
for the year ended 31 March 2025
Director
Joshua Josefovitz
Company Number
03563009 (England and Wales)
Registered Office
450 Lower Broughton Road
Salford
M7 2FG
Accountants
Bookshine Ltd
Suite 3, First floor
80 Leicester road
Salford
M7 4AR
Steprite Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
6,631
6,731
Inventories
170,906
215,456
Cash at bank and in hand
137,977
77,100
Creditors: amounts falling due within one year
(149,177)
(185,074)
Net current assets
172,249
223,612
Net assets
178,880
230,343
Called up share capital
560
560
Profit and loss account
178,320
229,783
Shareholders' funds
178,880
230,343
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2025 and were signed on its behalf by
Joshua Josefovitz
Director
Company Registration No. 03563009
Steprite Ltd
Notes to the Accounts
for the year ended 31 March 2025
Steprite Ltd is a private company, limited by shares, registered in England and Wales, registration number 03563009. The registered office is 450 Lower Broughton Road, Salford, M7 2FG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% On Cost
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
6,227
12,437
18,664
At 31 March 2025
6,227
14,067
20,294
At 1 April 2024
5,667
6,266
11,933
Charge for the year
560
1,170
1,730
At 31 March 2025
6,227
7,436
13,663
At 31 March 2025
-
6,631
6,631
At 31 March 2024
560
6,171
6,731
Steprite Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
4,989
106,981
Accrued income and prepayments
-
917
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
43,153
81,878
Taxes and social security
42,567
38,188
Other creditors
61,145
62,279
Loans from directors
-
1,429
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Average number of employees
During the year the average number of employees was 5 (2024: 5).