| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 28 February 2026 |
| for |
| Stainless Steel Products Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 28 February 2026 |
| for |
| Stainless Steel Products Limited |
| Stainless Steel Products Limited (Registered number: 13197250) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Stainless Steel Products Limited |
| Company Information |
| for the Year Ended 28 February 2026 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 5 Moor Street |
| Worcester |
| Worcestershire |
| WR1 3DB |
| Stainless Steel Products Limited (Registered number: 13197250) |
| Balance Sheet |
| 28 February 2026 |
| 2026 | 2025 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| Stainless Steel Products Limited (Registered number: 13197250) |
| Balance Sheet - continued |
| 28 February 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Stainless Steel Products Limited (Registered number: 13197250) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2026 |
| 1. | STATUTORY INFORMATION |
| Stainless Steel Products Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting |
| Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies |
| Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of |
| section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true |
| and fair view. |
| 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 |
| Motor vehicles | - |
| Computer equipment | - |
| Taxation |
| The tax expense represents the sum of the tax currently payable and deferred tax. |
| Current Tax |
| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as |
| reported in the profit and loss account because it excludes items of income or expense that are taxable or |
| deductible in other years and it further excludes 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 |
| reporting end date. |
| Deferred tax |
| Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are |
| recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax |
| liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference |
| arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects |
| neither the tax profit nor the accounting profit. |
| The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent |
| that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be |
| recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Stainless Steel Products Limited (Registered number: 13197250) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2025 |
| and 28 February 2026 |
| DEPRECIATION |
| At 1 March 2025 |
| Charge for year |
| At 28 February 2026 |
| NET BOOK VALUE |
| At 28 February 2026 |
| At 28 February 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Other debtors |
| VAT |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Tax | ( |
) |
| Other creditors |
| Director loan account | 30 | 7,856 |
| Directors' current accounts | 2,494 | - |
| 7. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Mr S J Tromans and Mrs S M Tromans. |