Steel Trans Ltd - Filleted accounts

Registered number

09325366

Steel Trans Ltd

Filleted Accounts

30 November 2025

Steel Trans Ltd
Registered number:		09325366
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		27,817			35,323
Tangible assets	4		411,232			553,242
			439,049			588,565

Current assets
Debtors	5	598,239			549,001
Cash at bank and in hand		1,587			1,022
		599,826			550,023

Creditors: amounts falling due within one year	6	(999,205)			(848,061)

Net current liabilities			(399,379)			(298,038)

Total assets less current liabilities			39,670			290,527

Creditors: amounts falling due after more than one year	7		(21,255)			(25,732)



Net assets			18,415			264,795

Capital and reserves
Called up share capital			100			100
Profit and loss account			18,315			264,695

Shareholder's funds			18,415			264,795

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dragos Rusu
Director
Approved by the board on 18 May 2026

Steel Trans Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over 4 years
	Plant and machinery			25% on a reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Intangible fixed assets							£
	Software development:

	Cost
	At 1 December 2024							75,053
	At 30 November 2025							75,053

	Amortisation
	At 1 December 2024							39,731
	Provided during the year							7,505
	At 30 November 2025							47,236

	Net book value
	At 30 November 2025							27,817
	At 30 November 2024							35,322

	Software development is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	32,049		86,546		1,287,793		1,406,388
	At 30 November 2025	32,049		86,546		1,287,793		1,406,388

	Depreciation
	At 1 December 2024	14,799		58,781		779,566		853,146
	Charge for the year	8,012		6,941		127,057		142,010
	At 30 November 2025	22,811		65,722		906,623		995,156

	Net book value
	At 30 November 2025	9,238		20,824		381,170		411,232
	At 30 November 2024	17,250		27,765		508,227		553,242


5	Debtors					2025		2024
£							£

	Trade debtors					82,857		84,972
	Director's current account					279,033		268,563
	CT recoverable					94,174		90,640
	Other debtors					142,175		104,826
						598,239		549,001


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					3,542		5,146
	Trade creditors					407,547		170,292
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					224,708		275,798
	Taxation and social security costs					270,095		324,602
	Other creditors					93,313		72,223
						999,205		848,061


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					21,255		25,732


8	Other information

	Steel Trans Ltd is a private company limited by shares and incorporated in England. Its registered office is at:
	84 Wood Lane, Erdington, Birmingham, B24 9QL