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Company Registration No. 03036771 (England and Wales)
Steeldeck Industries Ltd Unaudited accounts for the year ended 31 December 2024
Steeldeck Industries Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Steeldeck Industries Ltd Company Information for the year ended 31 December 2024
Directors
Philip Parsons Michael Thompson
Company Number
03036771 (England and Wales)
Registered Office
office 3.4 Pixmore Business Centre Pixmore Avenue LETCHWORTH GARDEN CITY Herts SG6 1JG United Kingdom
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Steeldeck Industries Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
4
105,440
97,881
Tangible assets
5
52,475
73,657
157,915
171,538
Current assets
Inventories
20,000
39,069
Debtors
6
926,066
627,021
Cash at bank and in hand
19,622
8,076
965,688
674,166
Creditors: amounts falling due within one year
7
(2,098,106)
(1,685,379)
Net current liabilities
(1,132,418)
(1,011,213)
Total assets less current liabilities
(974,503)
(839,675)
Creditors: amounts falling due after more than one year
8
(52,940)
(43,776)
Net liabilities
(1,027,443)
(883,451)
Capital and reserves
Called up share capital
250,000
250,000
Profit and loss account
(1,277,443)
(1,133,451)
Shareholders' funds
(1,027,443)
(883,451)
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 14 April 2026 and were signed on its behalf by
Michael Thompson Director Company Registration No. 03036771
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Steeldeck Industries Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Steeldeck Industries Ltd is a private company, limited by shares, registered in England and Wales, registration number 03036771. The registered office is office 3.4 Pixmore Business Centre, Pixmore Avenue, LETCHWORTH GARDEN CITY, Herts, SG6 1JG, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Other tangible fixed assets
Life time of lease
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The accounts are prepared on a going concern basis following the shareholders representation that they will continue to fund the business.
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Steeldeck Industries Ltd Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Other
£
Cost
At 1 January 2024
258,070
Additions
24,226
At 31 December 2024
282,296
Amortisation
At 1 January 2024
160,189
Charge for the year
16,667
At 31 December 2024
176,856
Net book value
At 31 December 2024
105,440
At 31 December 2023
97,881
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
329,685
40,594
370,279
Additions
1,363
-
1,363
At 31 December 2024
331,048
40,594
371,642
Depreciation
At 1 January 2024
273,419
23,203
296,622
Charge for the year
18,105
4,440
22,545
At 31 December 2024
291,524
27,643
319,167
Net book value
At 31 December 2024
39,524
12,951
52,475
At 31 December 2023
56,266
17,391
73,657
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
827,742
407,977
Amounts due from group undertakings etc.
72,593
-
Accrued income and prepayments
25,731
35,519
Other debtors
-
183,525
926,066
627,021
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Steeldeck Industries Ltd Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
13,678
41,787
VAT
20,177
110,852
Trade creditors
138,205
171,957
Amounts owed to group undertakings and other participating interests
1,557,946
958,068
Taxes and social security
24,147
58,977
Other creditors
13,784
21,675
Loans from directors
186,026
187,267
Accruals
144,143
134,796
2,098,106
1,685,379
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
52,940
43,776
9
Transactions with related parties
Amounts owed by related parties at the year end £ 72,593 - 2023 £ 183,525 Amounts due to related parties at the year end £ 766,689 - 2023 £ 596,503 Loans from the Director at the year £ 186,026 - 2023 £ 187,267 Sales to related parties in the year £1,099,950 - 2023 £1,137,478
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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