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Company Registration No. 12790098 (England and Wales)
Step In Electronics Limited Unaudited accounts for the year ended 31 October 2025
Step In Electronics Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Step In Electronics Limited Company Information for the year ended 31 October 2025
Director
NAVID RASHID
Company Number
12790098 (England and Wales)
Registered Office
Step In Computers 48 Owler Lane Sheffield South Yorkshire S4 8GA England
Accountants
MS Accounting Services 547 Attercliffe Road Sheffield South Yorkshire S9 3RA
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Step In Electronics Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
22,683 
27,662 
Current assets
Inventories
54,645 
62,795 
Debtors
5
21,366 
745 
Cash at bank and in hand
556 
4,273 
76,567 
67,813 
Creditors: amounts falling due within one year
6
(101,184)
(90,221)
Net current liabilities
(24,617)
(22,408)
Total assets less current liabilities
(1,934)
5,254 
Creditors: amounts falling due after more than one year
7
- 
(4,640)
Net (liabilities)/assets
(1,934)
614 
Capital and reserves
Share premium
100 
100 
Profit and loss account
(2,034)
514 
Shareholders' funds
(1,934)
614 
For the year ending 31 October 2025 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2026 and were signed on its behalf by
NAVID RASHID Director Company Registration No. 12790098
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Step In Electronics Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Step In Electronics Limited is a private company, limited by shares, registered in England and Wales, registration number 12790098. The registered office is Step In Computers, 48 Owler Lane, Sheffield, South Yorkshire, S4 8GA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
11032
Motor vehicles
16630
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
13,454 
20,280 
33,734 
At 31 October 2025
13,454 
20,280 
33,734 
Depreciation
At 1 November 2024
2,422 
3,650 
6,072 
Charge for the year
1,986 
2,993 
4,979 
At 31 October 2025
4,408 
6,643 
11,051 
Net book value
At 31 October 2025
9,046 
13,637 
22,683 
At 31 October 2024
11,032 
16,630 
27,662 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
745 
Amounts falling due after more than one year
Other debtors
21,366 
- 
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Step In Electronics Limited Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
78 
78 
Trade creditors
3,684 
- 
Taxes and social security
(613)
(664)
Other creditors
6,775 
6,073 
Loans from directors
91,260 
84,409 
Accruals
- 
325 
101,184 
90,221 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
- 
4,640 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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