Steel Box Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC687209

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		138,584		142,084

			138,584		142,084
CURRENT ASSETS
Debtors	5	7,750		-
Cash at bank and in hand		9,493		2,737

		17,243		2,737
Creditors: Amounts Falling Due Within One Year	6	(52,240 )		(64,527 )

NET CURRENT ASSETS (LIABILITIES)			(34,997 )		(61,790 )

TOTAL ASSETS LESS CURRENT LIABILITIES			103,587		80,294

Creditors: Amounts Falling Due After More Than One Year	7		(33,961 )		(58,423 )

NET ASSETS			69,626		21,871

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			69,624		21,869

SHAREHOLDERS' FUNDS			69,626		21,871

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Steel Box Holdings Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Ferrier

Director

16/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Steel Box Holdings Limited is a private company, limited by shares, incorporated in Scotland, registered number SC687209 . The registered office is 1 Gleddoch View, Dumbarton, G82 4BL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No Depreciation
Leasehold	No Depreciation
Plant & Machinery	25% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Steel Box Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 February 2025	60,084	100,400	160,484
Additions	-	18,520	18,520

As at 31 January 2026	60,084	118,920	179,004

Depreciation
As at 1 February 2025	-	18,400	18,400
Provided during the period	-	22,020	22,020

As at 31 January 2026	-	40,420	40,420

Net Book Value
As at 31 January 2026	60,084	78,500	138,584

As at 1 February 2025	60,084	82,000	142,084

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	7,750	-

Included in other debtors

Amounts due from Up 4 Let £7750

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	24,468	24,468
Trade creditors	4,929	7,340
Other loans	-	10,500
Corporation tax	-	41
VAT	3,843	1,853
Accruals	1,000	1,000
Directors' loan accounts	18,000	19,325

	52,240	64,527

Included in Other Loans

Amount due to S1 Holdings Ltd £0 2025 was £7000

Amount due to S1 Storage Ltd £ 0 2025 was £5000

Amount due from Up 4 Let £ 0 2025 was £1500

Included in Other Creditors are

...CONTINUED

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Steel Box Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Creditors: Amounts Falling Due Within One Year - continued

Directors Loan £18000 2025 was £19325

Acceuals £1000 2025 was £1000

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	33,961	58,423

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	24,468	24,468
Later than one year and not later than five years	33,961	58,423

	58,429	82,891

	58,429	82,891

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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