Stainless Steel Fixings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01795956

Stainless Steel Fixings Limited

Filleted Unaudited Financial Statements

31 March 2026

Stainless Steel Fixings Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		253,133	276,434

Current assets

Stocks		13,632	13,982
Debtors	6	603,912	345,626
Cash at bank and in hand		918,653	1,135,654
		-----------	-----------
		1,536,197	1,495,262

Creditors: amounts falling due within one year	7	421,175		307,948
		-----------		-----------
Net current assets			1,115,022	1,187,314
			-----------	-----------
Total assets less current liabilities			1,368,155	1,463,748

Provisions

Taxation including deferred tax	31,296	35,945
	-----------	-----------
Net assets	1,336,859	1,427,803
	-----------	-----------

Capital and reserves

Called up share capital	852	1,400
Capital redemption reserve	548	–
Profit and loss account	1,335,459	1,426,403
	-----------	-----------
Shareholders funds	1,336,859	1,427,803
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Stainless Steel Fixings Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 25 September 2026 , and are signed on behalf of the board by:

S E J Dowe
Director

Company registration number: 01795956

Stainless Steel Fixings Limited

Notes to the Financial Statements

Year Ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 3, Independent House, Independent Business Park, Imberhorne Lane, East Grinstead, West Sussex, RH19 1TU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Plant and machinery	-	10% / 33% straight line
Fixtures and fittings	-	10% straight line
Motor vehicles	-	25% reducing balance
Website development	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 19 (2025: 19 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Website Development	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2025	274,014	198,034	17,237	152,467	6,630	648,382
Additions	–	6,710	–	–	2,150	8,860
	---------	---------	-------	---------	------	---------
At 31 Mar 2026	274,014	204,744	17,237	152,467	8,780	657,242
	---------	---------	-------	---------	------	---------
Depreciation
At 1 Apr 2025	141,360	163,032	16,071	47,255	4,230	371,948
Charge for the year	4,560	8,173	595	17,803	1,030	32,161
	---------	---------	-------	---------	------	---------
At 31 Mar 2026	145,920	171,205	16,666	65,058	5,260	404,109
	---------	---------	-------	---------	------	---------
Carrying amount
At 31 Mar 2026	128,094	33,539	571	87,409	3,520	253,133
	---------	---------	-------	---------	------	---------
At 31 Mar 2025	132,654	35,002	1,166	105,212	2,400	276,434
	---------	---------	-------	---------	------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	530,953	273,206
Other debtors	72,959	72,420
	---------	---------
	603,912	345,626
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	314,548	195,990
Corporation tax	13,901	4,611
Social security and other taxes	86,638	97,775
Other creditors	6,088	9,572
	---------	---------
	421,175	307,948
	---------	---------

8. Related party transactions

The company was under the control of the Board of Directors.