STEP DEEPER LTD Accounts






STEP DEEPER LTD

	Company No. 12564855
		Information for Filing with The Registrar
		30 April 2026

at	30 April 2026
Company No.		12564855	Notes	2026	2025
				£	£
Fixed assets
	Intangible assets		5	2,436	2,032
	Tangible assets		6	2,769	2,802


				5,205	4,834
Current assets

	Debtors		7	-	376

	Cash at bank and in hand			75,167	1,865
				75,167	2,241
Creditors: Amount falling due within one year			8	(45,895)	(20,677)
Net current assets/(liabilities)				29,272	(18,436)
Total assets less current liabilities				34,477	(13,602)




Net assets/(liabilities)				34,477	(13,602)

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		10	34,277	(13,802)

Total equity				34,477	(13,602)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 April 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 15 June 2026 and signed on its behalf by:
L.R. Creek
Director
15 June 2026

for the year ended 30 April 2026

General information

STEP DEEPER LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12564855

Its registered office is:

2a Bellevue Road

London

N11 3ER

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover is measured at their fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

25% Straight line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Taxation
		(a) Tax on profit on ordinary activities	2026
		The tax charge is made up as follows:	£
		UK corporation tax
		Charge for the period	8,603

		Total corporation tax	8,603





		Tax on profit on ordinary activities	8,603

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2026	2025
		-2167	£	£
		Profit on ordinary activities before tax	56,682	(5,859)

		Standard rate of corporation tax in the United Kingdom	19%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	10,770	(1,113)
		Expenses not deductible for tax purposes	158	1,113

		Utilisation of tax losses	(2,325)	-


		Tax on profit on ordinary activities	8,603	-

5	Intangible fixed assets
			Patents and trade-marks	Total
			£	£
		Cost
		At 1 May 2025	2,032	2,032
		Additions	574	574
		Disposals	(170)	(170)
		At 30 April 2026	2,436	2,436
		Amortisation and impairment





		Net book values
		At 30 April 2026	2,436	2,436
		At 30 April 2025	2,032	2,032

6	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 May 2025	4,462	4,462
		Additions	1,082	1,082



		At 30 April 2026	5,544	5,544
		Depreciation
		At 1 May 2025	1,660	1,660
		Charge for the year	1,115	1,115



		At 30 April 2026	2,775	2,775
		Net book values
		At 30 April 2026	2,769	2,769
		At 30 April 2025	2,802	2,802

7	Debtors
			2026	2025
			£	£




		VAT recoverable	-	376



			-	376

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	2,117	2,079




		Taxes and social security	21,284	-
		Loans from directors	8,314	5,218
		Other creditors	13,400	12,600
		Accruals and deferred income	780	780
			45,895	20,677

Share Capital

2,000,000 Ordinary shares of £0.0001p each issued and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.