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REGISTERED NUMBER: 04993918 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

STEEL ERECTING SERVICES LIMITED

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Contents of the Financial Statements

for the year ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| STEEL ERECTING SERVICES LIMITED |

Company Information

for the year ended 28 February 2025

| Director: | R W Dowler

| Secretary: | Mrs M C Dowler

| Registered office: | UNIT 6 1-11

| WILLOW LANE

| Mitcham

| London

| CR4 4NA

| Registered number: | 04993918 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| Broadwalk House, 5th Floor

| 5 Appold Street

| Broadgate

| London

| EC2A 2AG

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Balance Sheet

28 February 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 173,770 |  | 50,091 |  |

173,770 |  | 50,091 |  |

Current assets

Stocks | 5,500 |  | 5,500 |  |

Debtors | 6 | 115,425 |  | 52,382 |  |

Cash at bank | 30,481 |  | 13,866 |  |

151,406 |  | 71,748 |  |

Creditors

Amounts falling due within one year | 7 | 104,062 |  | 96,098 |  |

Net current assets/(liabilities) | 47,344 |  | (24,350 | ) |

Total assets less current liabilities | 221,114 |  | 25,741 |  |

Creditors

Amounts falling due after more than one year | 8 | (59,583 | ) | (13,333 | ) |

Provisions for liabilities | 9 | (43,442 | ) | (12,017 | ) |

Net assets | 118,089 |  | 391 |  |

Capital and reserves

Called up share capital | 10 | 2 |  | 2 |  |

Retained earnings | 118,087 |  | 389 |  |

Shareholders' funds | 118,089 |  | 391 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Balance Sheet - continued

28 February 2025

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2026 and were signed by:

R W Dowler - Director

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Notes to the Financial Statements

for the year ended 28 February 2025

1. | Statutory information

| Steel Erecting Services 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 is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

| 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.

| 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 | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

2. | Accounting policies - continued

| 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.

| 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 15 (2024 - 15 ) .

4. | Intangible fixed assets

Goodwill |

| £

| Cost

| At 1 March 2024

| and 28 February 2025 | 74,000 |  |

| Amortisation

| At 1 March 2024

| and 28 February 2025 | 74,000 |  |

| Net book value

| At 28 February 2025 | - |  |

| At 29 February 2024 | - |  |

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

5. | Tangible fixed assets

Fixtures |

Plant and | and |

machinery | fittings | Totals |

| £ | £ | £

| Cost

| At 1 March 2024 | 178,636 |  | 12,240 |  | 190,876 |  |

| Additions | 144,800 |  | - |  | 144,800 |  |

| Disposals | (74,375 | ) | - |  | (74,375 | ) |

| At 28 February 2025 | 249,061 |  | 12,240 |  | 261,301 |  |

| Depreciation

| At 1 March 2024 | 129,992 |  | 10,793 |  | 140,785 |  |

| Charge for year | 9,296 |  | 361 |  | 9,657 |  |

| Eliminated on disposal | (62,911 | ) | - |  | (62,911 | ) |

| At 28 February 2025 | 76,377 |  | 11,154 |  | 87,531 |  |

| Net book value

| At 28 February 2025 | 172,684 |  | 1,086 |  | 173,770 |  |

| At 29 February 2024 | 48,644 |  | 1,447 |  | 50,091 |  |

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Trade debtors | 34,982 |  | 12,839 |  |

| Other debtors | 80,443 |  | 39,543 |  |

115,425 |  | 52,382 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Hire purchase contracts | 18,750 |  | - |  |

| Trade creditors | 34,978 |  | 32,344 |  |

| Taxation and social security | 33,833 |  | 47,161 |  |

| Other creditors | 6,501 |  | 6,593 |  |

104,062 |  | 96,098 |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

| £ | £

| Bank loans | 3,333 |  | 13,333 |  |

| Hire purchase contracts | 56,250 |  | - |  |

59,583 |  | 13,333 |  |

STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

9. | Provisions for liabilities

2025 | 2024 |

| £ | £

| Deferred tax | 43,442 |  | 12,017 |  |

Deferred tax |

| £

| Balance at 1 March 2024 | 12,017 |  |

| Provided during year | 31,425 |  |

| Balance at 28 February 2025 | 43,442 |  |

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 2 | Ordinary | £1 | 2 |  | 2 |  |

11. | Director's advances, credits and guarantees

| During the year a director operated an overdrawn current account which constitutes an advance by the company. The balance on the current account as at 28 February 2025 was £46,279 (2024: £29,240). Interest is charged on this at a rate of 2.5% per annum. The loan is unsecured and repayable on demand.