Registration number: NI614428

TJS Steel Supplies Ltd

(Registration number: NI614428)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,611	2,014
Current assets
Stocks	5	26,200	26,255
Debtors	6	98,763	103,178
Cash at bank and in hand		46,250	20,583
		171,213	150,016
Creditors: Amounts falling due within one year	7	(68,321)	(55,175)
Net current assets		102,892	94,841
Total assets less current liabilities		104,503	96,855
Provisions for liabilities		(306)	(383)
Net assets		104,197	96,472
Capital and reserves
Called up share capital	8	100	100
Retained earnings		104,097	96,372
Shareholders' funds		104,197	96,472

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

TJS Steel Supplies Ltd

(Registration number: NI614428)
Balance Sheet as at 31 December 2025

Approved and authorised by the director on 10 September 2026
 

......................................... Mr Philip Stewart Director

TJS Steel Supplies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 120B Ballinlea Road, Armoy, Ballymoney, Co. Antrim, BT53 8TY.

These financial statements were authorised for issue by the director on 10 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods to customers.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

TJS Steel Supplies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

TJS Steel Supplies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 January 2025	6,148	6,148
At 31 December 2025	6,148	6,148
Depreciation
At 1 January 2025	4,134	4,134
Charge for the year	403	403
At 31 December 2025	4,537	4,537
Carrying amount
At 31 December 2025	1,611	1,611
At 31 December 2024	2,014	2,014

5

Stocks

	2025 £	2024 £
Stock	26,200	26,255

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		31,382	35,461
Amounts owed by related parties	9	50,000	50,000
Prepayments		-	336
Other debtors		17,381	17,381
		98,763	103,178

TJS Steel Supplies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		23,053	10,630
Taxation and social security		1,739	1,656
Other creditors		43,529	42,889
		68,321	55,175

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9	Related party transactions

Debtors includes £50,000 (2024: £50,000) owing to the company from PCS Property Ltd, a company controlled by the director and his wife. Other debtors includes £17,373 (2024:£17,373) owing to the company from R S Construction (Co. Antrim) Ltd, a company controlled by the director and his wife. Other creditors includes £39,937 (2024:£39,937) owed by the company to P S Engineering (Co. Antrim) Ltd, a company controlled by the director and his wife.