IRIS Accounts Production v26.1.0.640 02089006 Board of Directors Board of Directors 1.2.25 31.1.26 31.1.26 false true false false true false Ordinary 1.00000 A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02089006 2025-01-31 02089006 2026-01-31 02089006 2025-02-01 2026-01-31 02089006 2024-01-31 02089006 2024-02-01 2025-01-31 02089006 2025-01-31 02089006 ns15:EnglandWales 2025-02-01 2026-01-31 02089006 ns14:PoundSterling 2025-02-01 2026-01-31 02089006 ns10:Director1 2025-02-01 2026-01-31 02089006 ns10:Director2 2025-02-01 2026-01-31 02089006 ns10:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 02089006 ns10:SmallEntities 2025-02-01 2026-01-31 02089006 ns10:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 02089006 ns10:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 02089006 ns10:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 02089006 ns10:FullAccounts 2025-02-01 2026-01-31 02089006 ns10:OrdinaryShareClass1 2025-02-01 2026-01-31 02089006 ns10:OrdinaryShareClass2 2025-02-01 2026-01-31 02089006 ns10:OrdinaryShareClass3 2025-02-01 2026-01-31 02089006 ns10:OrdinaryShareClass4 2025-02-01 2026-01-31 02089006 ns10:Director3 2025-02-01 2026-01-31 02089006 ns10:CompanySecretary1 2025-02-01 2026-01-31 02089006 ns10:RegisteredOffice 2025-02-01 2026-01-31 02089006 ns5:CurrentFinancialInstruments 2026-01-31 02089006 ns5:CurrentFinancialInstruments 2025-01-31 02089006 ns5:ShareCapital 2026-01-31 02089006 ns5:ShareCapital 2025-01-31 02089006 ns5:RetainedEarningsAccumulatedLosses 2026-01-31 02089006 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 02089006 ns5:PlantMachinery 2025-02-01 2026-01-31 02089006 ns5:MotorVehicles 2025-02-01 2026-01-31 02089006 ns5:ComputerEquipment 2025-02-01 2026-01-31 02089006 ns5:PlantMachinery 2025-01-31 02089006 ns5:MotorVehicles 2025-01-31 02089006 ns5:ComputerEquipment 2025-01-31 02089006 ns5:PlantMachinery 2026-01-31 02089006 ns5:MotorVehicles 2026-01-31 02089006 ns5:ComputerEquipment 2026-01-31 02089006 ns5:PlantMachinery 2025-01-31 02089006 ns5:MotorVehicles 2025-01-31 02089006 ns5:ComputerEquipment 2025-01-31 02089006 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-01-31 02089006 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2026-01-31 02089006 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-01-31 02089006 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-01-31 02089006 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 02089006 ns10:OrdinaryShareClass1 2026-01-31 02089006 ns10:OrdinaryShareClass2 2026-01-31 02089006 ns10:OrdinaryShareClass3 2026-01-31 02089006 ns10:OrdinaryShareClass4 2026-01-31

REGISTERED NUMBER: 02089006 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

F M STEELSTOCK LIMITED

| F M STEELSTOCK LIMITED (REGISTERED NUMBER: 02089006) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| F M STEELSTOCK LIMITED |

COMPANY INFORMATION

for the Year Ended 31 January 2026

| DIRECTORS: | D Maughan

| R W Walker

| Mrs B Maughan

| SECRETARY: | Mrs B Maughan

| REGISTERED OFFICE: | Newburn Ford House

| Newburn Bridge Road

| Newcastle

| Tyne and Wear

| NE15 8NR

| REGISTERED NUMBER: | 02089006 (England and Wales)

| ACCOUNTANTS: | Blaeford Gordon & Company Ltd

| 101 Galgate

| Barnard Castle

| Co. Durham

| DL12 8ES

| F M STEELSTOCK LIMITED (REGISTERED NUMBER: 02089006) |

BALANCE SHEET

31 January 2026

| 31.1.26 | 31.1.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 311,143 |  | 355,442 |  |

CURRENT ASSETS

Stocks | 514,042 |  | 513,962 |  |

Debtors | 5 | 774,441 |  | 921,755 |  |

Cash at bank | 1,478,929 |  | 1,368,662 |  |

2,767,412 |  | 2,804,379 |  |

CREDITORS

Amounts falling due within one year | 6 | 906,058 |  | 1,003,457 |  |

NET CURRENT ASSETS | 1,861,354 |  | 1,800,922 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,172,497 |  | 2,156,364 |  |

PROVISIONS FOR LIABILITIES | 68,552 |  | 77,133 |  |

NET ASSETS | 2,103,945 |  | 2,079,231 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 10,200 |  | 10,200 |  |

Retained earnings | 2,093,745 |  | 2,069,031 |  |

SHAREHOLDERS' FUNDS | 2,103,945 |  | 2,079,231 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

| F M STEELSTOCK LIMITED (REGISTERED NUMBER: 02089006) |

BALANCE SHEET - continued

31 January 2026

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 19 May 2026 and were signed on its behalf by:

D Maughan - Director

R W Walker - Director

| F M STEELSTOCK LIMITED (REGISTERED NUMBER: 02089006) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2026

1. | STATUTORY INFORMATION

| F M Steelstock 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.

| 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 | - | 25% on reducing balance and 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 23 (2025 - 23 ) .

| F M STEELSTOCK LIMITED (REGISTERED NUMBER: 02089006) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 January 2026

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 February 2025 | 521,460 |  | 336,640 |  | 102,285 |  | 960,385 |  |

| Additions | 4,293 |  | 41,950 |  | 9,679 |  | 55,922 |  |

| Disposals | (3,289 | ) | (43,500 | ) | - |  | (46,789 | ) |

| At 31 January 2026 | 522,464 |  | 335,090 |  | 111,964 |  | 969,518 |  |

| DEPRECIATION

| At 1 February 2025 | 343,861 |  | 169,463 |  | 91,619 |  | 604,943 |  |

| Charge for year | 36,264 |  | 45,816 |  | 4,784 |  | 86,864 |  |

| Eliminated on disposal | (3,289 | ) | (30,143 | ) | - |  | (33,432 | ) |

| At 31 January 2026 | 376,836 |  | 185,136 |  | 96,403 |  | 658,375 |  |

| NET BOOK VALUE

| At 31 January 2026 | 145,628 |  | 149,954 |  | 15,561 |  | 311,143 |  |

| At 31 January 2025 | 177,599 |  | 167,177 |  | 10,666 |  | 355,442 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 February 2025 | 85,029 |  |

| Transfer to ownership | (85,029 | ) |

| At 31 January 2026 | - |  |

| DEPRECIATION

| At 1 February 2025 | 51,845 |  |

| Transfer to ownership | (51,845 | ) |

| At 31 January 2026 | - |  |

| NET BOOK VALUE

| At 31 January 2026 | - |  |

| At 31 January 2025 | 33,184 |  |

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

| 31.1.26 |  | 31.1.25

£ | £ |

| Trade debtors | 643,589 |  | 795,524 |  |

| Other debtors | 130,852 |  | 126,231 |  |

774,441 |  | 921,755 |  |

| F M STEELSTOCK LIMITED (REGISTERED NUMBER: 02089006) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 January 2026

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

| 31.1.26 |  | 31.1.25

£ | £ |

| Hire purchase contracts | - |  | 1,156 |  |

| Trade creditors | 745,025 |  | 733,981 |  |

| Taxation and social security | 96,659 |  | 119,933 |  |

| Other creditors | 64,374 |  | 148,387 |  |

906,058 |  | 1,003,457 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.1.26 |  | 31.1.25

£ | £ |

| Hire purchase contracts | - |  | 1,156 |  |

| Hire purchase contracts are secured by a charge on the assets to which they relate.

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.1.26 |  | 31.1.25

| value: | £ | £ |

| 2,200 | Ordinary | £1 | 2,200 |  | 2,200 |  |

| 7,800 | A Ordinary | £1 | 7,800 |  | 7,800 |  |

| 100 | B Ordinary | £1 | 100 |  | 100 |  |

| 100 | C Ordinary | £1 | 100 |  | 100 |  |

10,200 |  | 10,200 |  |

9. | RELATER PARTY DISCLOSURES

| In 2005 the company sold its freehold premises at Newburn Bridge Road to the F M Steelstock Limited Retirement Benefit Scheme at open market value. The company continues to occupy these premises at an open market rent.

| At 31 January 2026 there was a sum due from the Retirement Benefit Scheme to the company amounting to £70,743 (2025 - £70,838) which is shown in current assets.

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is D Maughan.

| Mr D Maughan is the ultimate controlling party as he and close family members hold 80% of the issued share capital of the company.