REGISTERED NUMBER: 15135206 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

STEEL PROPERTY HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Steel

Mrs B Steel

REGISTERED OFFICE:

Unit 2

70 Cross Street

Sudbury

Suffolk

CO10 2DJ

REGISTERED NUMBER:

15135206 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

-

Tangible assets

5

1,352

74,419

Investment property

6

384,631

74,419

385,983

CURRENT ASSETS

5,640

Debtors

7

388

134,878

Cash at bank and in hand

3,343

140,518

3,731

CREDITORS

215,005

Amounts falling due within one year

8

346,188

(74,487

)

NET CURRENT LIABILITIES

(342,457

)

(68

)

TOTAL ASSETS LESS CURRENT LIABILITIES

43,526

CREDITORS

-

Amounts falling due after more than one year

9

84,105

(68

)

NET LIABILITIES

(40,579

)

CAPITAL AND RESERVES

100

Called up share capital

100

(168

)

Retained earnings

(40,679

)

(68

)

SHAREHOLDERS' FUNDS

(40,579

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 15 May 2026 and were signed on its behalf by:

Mrs B Steel - Director

1.	STATUTORY INFORMATION

Steel Property Holdings 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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

-

20% on reducing balance

Investment property

Some of the amounts held within investment property relate to assets under construction. The costs incurred are being capitalised. The asset will be subject to the normal valuation rules once it it complete and available for occupation.

For completed assets, they are held at fair value, derived from current market prices for comparable properties. Changes in fair value are recognised in the profit and loss.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,690

At 30 September 2025

1,690

DEPRECIATION

Charge for year

338

At 30 September 2025

338

NET BOOK VALUE

At 30 September 2025

1,352

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

74,419

Additions

310,212

At 30 September 2025

384,631

NET BOOK VALUE

At 30 September 2025

384,631

At 30 September 2024

74,419

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

388

5,640

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Amounts owed to associates

264,995

215,000

Other creditors

81,193

5

346,188

215,005

The amounts owed to associates are repayable on demand and have no fixed repayment terms.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

84,105

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loans

84,105

-

The liabilities are secured against the assets to which the liability has been incurred.