REGISTERED NUMBER: 03693965 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Scimitar Steels (Liverpool) Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M G Lunt

REGISTERED OFFICE:

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

REGISTERED NUMBER:

03693965 (England and Wales)

ACCOUNTANTS:

Douglas Fairless Partnership

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

FIXED ASSETS

Tangible assets

4

77,547

76,634

Investments

5

653,649

653,649

731,196

730,283

CURRENT ASSETS

Stocks

2,990

2,662

Debtors

283,807

171,794

Cash at bank

63,769

141,188

350,566

315,644

CREDITORS

Amounts falling due within one year

477,748

432,133

NET CURRENT LIABILITIES

(127,182

)

(116,489

)

TOTAL ASSETS LESS CURRENT LIABILITIES

604,014

613,794

CREDITORS

Amounts falling due after more than one year

-

(7,500

)

PROVISIONS FOR LIABILITIES

(5,001

)

(1,210

)

NET ASSETS

599,013

605,084

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

499,013

505,084

SHAREHOLDERS' FUNDS

599,013

605,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2026 and were signed by:

M G Lunt - Director

1.	STATUTORY INFORMATION

Scimitar Steels (Liverpool) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

313,211

Additions

10,000

At 31 January 2026

323,211

DEPRECIATION

At 1 February 2025

236,577

Charge for year

9,087

At 31 January 2026

245,664

NET BOOK VALUE

At 31 January 2026

77,547

At 31 January 2025

76,634

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 February 2025

and 31 January 2026

653,649

NET BOOK VALUE

At 31 January 2026

653,649

At 31 January 2025

653,649

In 2006 the company invested £604,072 in Scimitar Steels Transport LLP, a limited liability partnership of which M G Lunt, a director of Scimitar Steels (Liverpool) Ltd, as M Lunt No.1 Settlement is a limited partner, the other limited partner being Scimitar Steels (Liverpool) Limited.

The company's share of the profits of Scimitar Steels Transport LLP amounted to £68,188 (2024 £,82,438).

6.	RELATED PARTY DISCLOSURES

The company contracted for transport services from Scimitar Steels Transport LLP to the sum of £153,770 (2024 £172,040) which is considered to be at an arms length value.