Company registration number: 14319800
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
LDN Steel Limited
Pages for filing with the Registrar
LDN Steel Limited
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LDN Steel Limited for the year ended 31 August 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of LDN Steel Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of LDN Steel Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LDN Steel Limited and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that LDN Steel Limited 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 LDN Steel Limited. You consider that LDN Steel Limited 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 LDN Steel Limited. 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 financial statements.
Right Balance Accountants & Business Consultants Limited
48b High Street
Dunmow
Essex
CM6 1AW
United Kingdom
Date: 19 May 2026
1
Company registration number: 14319800
LDN Steel Limited
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 97,093 113,106
97,093 113,106
Current assets
Stocks 2,215 2,215
Debtors 142,031 88,980
Cash at bank and in hand 44,241 37,520
188,487 128,715
Creditors: amounts falling due within one
year 		(157,847) (114,972)
Net current assets 30,640 13,743
Total assets less current liabilities 127,733 126,849
Creditors: Amounts falling due after more
than one year 		(29,024) (39,334)
NET ASSETS 98,709 87,515
Capital and reserves
Called up share capital 4 4
Profit and loss account 98,705 87,511
TOTAL EQUITY 98,709 87,515
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: 14319800
LDN Steel Limited
Balance sheet - continued
as at 31 August 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 19 May 2026 and signed on its behalf by:
Mr L Randall, Director
19 May 2026
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LDN Steel Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
LDN Steel Limited is a private company registered in England and Wales. Its registered number is 14319800. The company is limited by shares. Its registered office is Unit 8 Runwood Road, Canvey Island, SS8 0PL.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 20% 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.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
4
LDN Steel Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 4).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2024 129,824
Additions 37,990
Disposals (32,490)
At 31 August 2025 135,324
Depreciation
At 1 September 2024 16,718
Charge for year 21,513
At 31 August 2025 38,231
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LDN Steel Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
4 Tangible fixed assets - continued
Net book value
At 31 August 2025 97,093
At 31 August 2024 113,106
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