REGISTERED NUMBER: 03260745 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MILLSTOCK STAINLESS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J Smith

Mr G Lloyd

Mr A R Jones

REGISTERED OFFICE:

Fusion House

The Crescent

Willenhall

West Midlands

WV13 2QR

REGISTERED NUMBER:

03260745 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

462,768

462,180

CURRENT ASSETS

Stocks

1,351,726

1,327,027

Debtors

5

1,334,630

1,840,162

Cash at bank

575,741

484,875

3,262,097

3,652,064

CREDITORS

Amounts falling due within one year

6

935,297

1,124,014

NET CURRENT ASSETS

2,326,800

2,528,050

TOTAL ASSETS LESS CURRENT LIABILITIES

2,789,568

2,990,230

PROVISIONS FOR LIABILITIES

7

15,955

11,528

NET ASSETS

2,773,613

2,978,702

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

2,772,413

2,977,502

SHAREHOLDERS' FUNDS

2,773,613

2,978,702

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

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

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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2026 and were signed on its behalf by:

Mr D J Smith - Director

Mr A R Jones - Director

1.	STATUTORY INFORMATION

Millstock Stainless Limited 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 and improvements

-

2% on cost

Plant and machinery

-

15% on cost

Office equipment

-

15% on cost

Stocks

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

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.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at transaction price.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

and

Plant and

Office

improvements

machinery

equipment

Totals

£

£

£

£

Cost

At 1 April 2025

574,391

220,785

55,473

850,649

Additions

-

26,928

2,138

29,066

At 31 March 2026

574,391

247,713

57,611

879,715

Depreciation

At 1 April 2025

155,241

185,091

48,137

388,469

Charge for year

11,488

14,188

2,802

28,478

At 31 March 2026

166,729

199,279

50,939

416,947

Net book value

At 31 March 2026

407,662

48,434

6,672

462,768

At 31 March 2025

419,150

35,694

7,336

462,180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

602,931

1,153,782

Amounts owed by participating interests

724,936

564,421

Other debtors

6,763

121,959

1,334,630

1,840,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

841,483

1,060,081

Amounts owed to participating interests

16,250

-

Taxation and social security

60,372

52,198

Other creditors

17,192

11,735

935,297

1,124,014

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

15,955

11,528

Deferred

tax

£

Balance at 1 April 2025

11,528

Charge to Statement of Income and Retained Earnings during year

4,427

Balance at 31 March 2026

15,955