REGISTERED NUMBER: 07943010 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

TINMAN STEELS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

27,447

22,301

CURRENT ASSETS

Stocks

83,772

63,578

Debtors

5

38,221

19,509

Cash at bank and in hand

9,505

38,146

131,498

121,233

CREDITORS

Amounts falling due within one year

6

171,105

163,044

NET CURRENT LIABILITIES

(39,607

)

(41,811

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,160

)

(19,510

)

CREDITORS

Amounts falling due after more than one year

7

-

9,067

NET LIABILITIES

(12,160

)

(28,577

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(12,162

)

(28,579

)

(12,160

)

(28,577

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

A P Small - Director

1.	STATUTORY INFORMATION

Tinman Steels Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07943010

Registered office:

Unit 12 Bourne Brook Farm

Bangley Lane Mile Oak

Tamworth

Staffordshire

B78 3DX

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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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.

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.

EMPLOYEES

The average number of employees during the year was 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 March 2025

7,314

75,596

340

Additions

-

14,151

2,200

At 28 February 2026

7,314

89,747

2,540

DEPRECIATION

At 1 March 2025

-

64,263

340

Charge for year

-

10,300

-

At 28 February 2026

-

74,563

340

NET BOOK VALUE

At 28 February 2026

7,314

15,184

2,200

At 28 February 2025

7,314

11,333

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2025

21,590

3,885

108,725

Additions

-

486

16,837

At 28 February 2026

21,590

4,371

125,562

DEPRECIATION

At 1 March 2025

18,685

3,136

86,424

Charge for year

830

561

11,691

At 28 February 2026

19,515

3,697

98,115

NET BOOK VALUE

At 28 February 2026

2,075

674

27,447

At 28 February 2025

2,905

749

22,301

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

35,271

6,590

Other debtors

2,950

12,919

38,221

19,509

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

9,101

34,325

Trade creditors

96,845

113,342

Taxation and social security

12,647

12,709

Other creditors

52,512

2,668

171,105

163,044

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

9,067

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

£

A P Small

Balance outstanding at start of year

-

-

Amounts advanced

1,056

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,056

-

R L Small

Balance outstanding at start of year

-

-

Amounts advanced

745

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

745

-

Any outstanding balances were interest free and repaid within 9 months of the year end.