AE Steel Co Ltd - Accounts

AE Steel Co Ltd
Contents Page
For the year ended 30 April 2026

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

AE Steel Co Ltd Accountants' Report For the year ended 30 April 2026
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AE Steel Co Ltd for the year ended 30 April 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AE Steel Co Ltd for the year ended 30 April 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of AE Steel Co Ltd, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of AE Steel Co Ltd and state those matters that we have agreed to state to the Board of Directors of AE Steel Co Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AE Steel Co Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that AE Steel Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AE Steel Co Ltd. You consider that AE Steel Co Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of AE Steel Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 30 April 2026. .................................................... FDCA Limited Office 2 Bennet's House 21 Leyton Road Harpenden AL5 2HU 10 May 2026 1

AE Steel Co Ltd
Accountants' Report
For the year ended 30 April 2026

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AE Steel Co Ltd for the year ended 30 April 2026.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AE Steel Co Ltd for the year ended 30 April 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of AE Steel Co Ltd, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of AE Steel Co Ltd and state those matters that we have agreed to state to the Board of Directors of AE Steel Co Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AE Steel Co Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AE Steel Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AE Steel Co Ltd. You consider that AE Steel Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of AE Steel Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts

30 April 2026.

....................................................

FDCA Limited
Office 2 Bennet's House
21 Leyton Road
Harpenden
AL5 2HU
10 May 2026

1

AE Steel Co Ltd
Statement of Financial Position
As at 30 April 2026

	Notes	30/04/2026 £	30/04/2025 £
Current assets
Stocks		3,900	3,900
Debtors		53,625	32,447
Cash at bank and in hand		17,126	23,920
		74,651	60,267
Creditors: amount falling due within one year		(58,866)	(44,604)
Net current assets		15,785	15,663

Total assets less current liabilities		15,785	15,663
Creditors: amount falling due after more than one year		(15,000)	(15,000)
Net assets		785	663

Capital and reserves
Called up share capital	3	100	100
Profit and loss account		685	563
Shareholders' funds		785	663

For the year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 10 May 2026 and were signed by:

-------------------------------
Asuman Su
Director

2

AE Steel Co Ltd
Notes to the Abridged Financial Statements
For the year ended 30 April 2026

General Information

AE Steel Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 13356528, registration address 2 Verne Grove, Tattenhoe Park, Milton Keynes, Buckinghamshire, MK4 4PF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 102 and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

3.

Share Capital

Authorised
100 Ordinary shares of £1.00 each

Allotted, called up and fully paid	30/04/2026 £		30/04/2025 £
100 Ordinary shares of £1.00 each	100		100
	100		100

3

Reports Dated : 12/05/2026	Registered Number: 13356528
England and Wales
AE STEEL CO LTD

Abridged Accounts

Period of accounts Start date: 01 May 2025 End date: 30 April 2026