REGISTERED NUMBER: 03636684 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BEAMLINE STEEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S L Nevile

M J M Nevile

REGISTERED OFFICE:

Unit L3

Grafton Way

West Ham Industrial Estate

Basingstoke

Hampshire

RG22 6HY

REGISTERED NUMBER:

03636684 (England and Wales)

ACCOUNTANTS:

Fox & Co (Accountants) Ltd

The Clock House

Western Court

Bishop's Sutton.

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

26,230

29,983

CURRENT ASSETS

Stocks

24,686

16,021

Debtors

5

139,512

146,171

Cash at bank and in hand

6,697

750

170,895

162,942

CREDITORS

Amounts falling due within one year

6

288,265

220,709

NET CURRENT LIABILITIES

(117,370

)

(57,767

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(91,140

)

(27,784

)

CREDITORS

Amounts falling due after more than one year

7

(42,468

)

(11,286

)

PROVISIONS FOR LIABILITIES

(4,984

)

(5,697

)

NET LIABILITIES

(138,592

)

(44,767

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(138,692

)

(44,867

)

SHAREHOLDERS' FUNDS

(138,592

)

(44,767

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 14 July 2026 and were signed on its behalf by:

M J M Nevile - Director

1.	STATUTORY INFORMATION

Beamline Steel 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 etc

-

25% on reducing balance, 15% on reducing balance and not provided

Fixed assets are stated at their cost prices, less accumulated depreciation and amounts recognised in respect of impairment.

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 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.

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.

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 AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

182,260

DEPRECIATION

At 1 January 2025

152,277

Charge for year

3,753

At 31 December 2025

156,030

NET BOOK VALUE

At 31 December 2025

26,230

At 31 December 2024

29,983

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

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

8,699

DEPRECIATION

At 1 January 2025

181

Charge for year

177

At 31 December 2025

358

NET BOOK VALUE

At 31 December 2025

8,341

At 31 December 2024

8,518

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

35,183

43,410

Other debtors

104,329

102,761

139,512

146,171

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

26,907

16,949

Hire purchase contracts

1,576

1,435

Trade creditors

143,018

119,050

Taxation and social security

20,230

13,617

Other creditors

96,534

69,658

288,265

220,709

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

36,925

4,167

Hire purchase contracts

5,543

7,119

42,468

11,286

8.	OTHER FINANCIAL COMMITMENTS

Total amount of commitments guarantees and contingencies is £346,080 (2024: £432,600.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

M J M Nevile and Mrs S L Nevile

Balance outstanding at start of year

36,102

36,102

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

36,102

36,102