IRIS Accounts Production v26.1.0.640 04488987 Board of Directors 1.8.24 31.7.25 31.7.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04488987 2024-07-31 04488987 2025-07-31 04488987 2024-08-01 2025-07-31 04488987 2023-07-31 04488987 2023-08-01 2024-07-31 04488987 2024-07-31 04488987 ns15:EnglandWales 2024-08-01 2025-07-31 04488987 ns14:PoundSterling 2024-08-01 2025-07-31 04488987 ns10:Director1 2024-08-01 2025-07-31 04488987 ns10:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04488987 ns10:SmallEntities 2024-08-01 2025-07-31 04488987 ns10:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 04488987 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-01 2025-07-31 04488987 ns10:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 04488987 ns10:FullAccounts 2024-08-01 2025-07-31 04488987 ns10:OrdinaryShareClass1 2024-08-01 2025-07-31 04488987 ns10:Director2 2024-08-01 2025-07-31 04488987 ns10:Director3 2024-08-01 2025-07-31 04488987 ns10:Director4 2024-08-01 2025-07-31 04488987 ns10:RegisteredOffice 2024-08-01 2025-07-31 04488987 ns5:CurrentFinancialInstruments 2025-07-31 04488987 ns5:CurrentFinancialInstruments 2024-07-31 04488987 ns5:ShareCapital 2025-07-31 04488987 ns5:ShareCapital 2024-07-31 04488987 ns5:SharePremium 2025-07-31 04488987 ns5:SharePremium 2024-07-31 04488987 ns5:RevaluationReserve 2025-07-31 04488987 ns5:RevaluationReserve 2024-07-31 04488987 ns5:RetainedEarningsAccumulatedLosses 2025-07-31 04488987 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 04488987 ns5:PlantMachinery 2024-08-01 2025-07-31 04488987 ns5:LandBuildings 2024-07-31 04488987 ns5:PlantMachinery 2024-07-31 04488987 ns5:LandBuildings 2024-08-01 2025-07-31 04488987 ns5:LandBuildings 2025-07-31 04488987 ns5:PlantMachinery 2025-07-31 04488987 ns5:LandBuildings 2024-07-31 04488987 ns5:PlantMachinery 2024-07-31 04488987 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-07-31 04488987 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-07-31 04488987 ns10:OrdinaryShareClass1 2025-07-31

REGISTERED NUMBER: 04488987 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

CAUSEWAY STEEL PRODUCTS LIMITED

CAUSEWAY STEEL PRODUCTS LIMITED (REGISTERED NUMBER: 04488987)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

CAUSEWAY STEEL PRODUCTS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2025

| DIRECTORS: | R.C. Malt

| D. Tapping

| F J Potter

| Ms S Newman

| REGISTERED OFFICE: | Second Floor South

| The Fitted Rigging House

| Anchor Wharf, The Historic Dockyard

| Chatham

| Kent

| ME4 4TZ

| REGISTERED NUMBER: | 04488987 (England and Wales)

| ACCOUNTANTS: | Carleys

| Second Floor South

| The Fitted Rigging House

| The Historic Dockyard

| Chatham

| Kent

| ME4 4TZ

CAUSEWAY STEEL PRODUCTS LIMITED (REGISTERED NUMBER: 04488987)

BALANCE SHEET

31 JULY 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,510,739 |  | 2,512,690 |  |

CURRENT ASSETS

Stocks | 313,347 |  | 371,361 |  |

Debtors | 5 | 383,565 |  | 353,490 |  |

Cash at bank and in hand | 628,842 |  | 661,406 |  |

1,325,754 |  | 1,386,257 |  |

CREDITORS

Amounts falling due within one year | 6 | (310,115 | ) | (366,002 | ) |

NET CURRENT ASSETS | 1,015,639 |  | 1,020,255 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,526,378 |  | 3,532,945 |  |

PROVISIONS FOR LIABILITIES | (421,700 | ) | (421,940 | ) |

NET ASSETS | 3,104,678 |  | 3,111,005 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 2,000 |  | 2,000 |  |

Share premium | 198,000 |  | 198,000 |  |

Revaluation reserve | 1,698,417 |  | 1,698,417 |  |

Retained earnings | 1,206,261 |  | 1,212,588 |  |

SHAREHOLDERS' FUNDS | 3,104,678 |  | 3,111,005 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2026 and were signed on its behalf by:

R.C. Malt - Director

CAUSEWAY STEEL PRODUCTS LIMITED (REGISTERED NUMBER: 04488987)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| Causeway Steel Products 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.

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents amounts receivable for goods and services net of VAT and trade discounts and the net sales value of work done.

| 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 etc | - | 25% on cost and 20% on cost

| Freehold land and property is carried at fair value. Revaluation surpluses and deficits are recognised in the revaluation reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold and is also recognised within the revaluation reserve.

| Stocks

| Stocks and work in progress are stated at the lower of cost and net estimated selling price less costs. In determining the cost of stock the first in, first out method is used.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

CAUSEWAY STEEL PRODUCTS LIMITED (REGISTERED NUMBER: 04488987)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates defined contribution pension schemes. Contributions payable to the company pension schemes are charged to the profit and loss account in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 22 (2024 - 23 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 August 2024 | 2,500,000 |  | 695,778 |  | 3,195,778 |  |

| Additions | - |  | 3,609 |  | 3,609 |  |

| At 31 July 2025 | 2,500,000 |  | 699,387 |  | 3,199,387 |  |

| DEPRECIATION

| At 1 August 2024 | - |  | 683,088 |  | 683,088 |  |

| Charge for year | - |  | 5,560 |  | 5,560 |  |

| At 31 July 2025 | - |  | 688,648 |  | 688,648 |  |

| NET BOOK VALUE

| At 31 July 2025 | 2,500,000 |  | 10,739 |  | 2,510,739 |  |

| At 31 July 2024 | 2,500,000 |  | 12,690 |  | 2,512,690 |  |

| Cost or valuation at 31 July 2025 is represented by:

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Valuation in 2003 | 145,000 |  | - |  | 145,000 |  |

| Valuation in 2004 | 540,000 |  | - |  | 540,000 |  |

| Valuation in 2010 | 300,000 |  | - |  | 300,000 |  |

| Valuation in 2019 | 1,000,000 |  | - |  | 1,000,000 |  |

| Cost | 515,000 |  | 699,387 |  | 1,214,387 |  |

2,500,000 |  | 699,387 |  | 3,199,387 |  |

| The company's freehold premises were valued by the directors at a fair value of £2,500,000, as at 31st July 2025 (2024 : £2,500,000).

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 382,108 |  | 352,240 |  |

| Other debtors | 1,457 |  | 1,250 |  |

383,565 |  | 353,490 |  |

CAUSEWAY STEEL PRODUCTS LIMITED (REGISTERED NUMBER: 04488987)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 53,741 |  | 40,926 |  |

| Taxation and social security | 26,841 |  | 43,537 |  |

| Other creditors | 229,533 |  | 281,539 |  |

310,115 |  | 366,002 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted and issued:

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

| value: | £ | £ |

| 2,000 | Share capital 1 | £1 | 2,000 |  | 2,000 |  |