General Information
M&A STEEL FIXING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09968784, registration address Imperial Chambers 10-17 Sevenways Parada, Woodford Avenue Ofiice No 214 Gantshill, Ilford, England, IG2 6JX.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Basis of Preparation
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and Machinery |
20 Reducing Balance
|
| Motor Vehicles |
20 Reducing Balance
|
|
| 2. |
Average number of employees Average number of employees during the period was 17 (2025 : 19). |
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Motor Vehicles |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 February 2025 |
1,482 |
|
61,487 |
|
62,969 |
| Additions |
6,541 |
|
8,300 |
|
14,841 |
| Disposals |
- |
|
- |
|
- |
| At 31 January 2026 |
8,023 |
|
69,787 |
|
77,810 |
| Depreciation |
| At 01 February 2025 |
1,112 |
|
43,965 |
|
45,077 |
| Charge for year |
1,382 |
|
5,164 |
|
6,546 |
| On disposals |
- |
|
- |
|
- |
| At 31 January 2026 |
2,494 |
|
49,129 |
|
51,623 |
| Net book values |
| Closing balance as at 31 January 2026 |
5,529 |
|
20,658 |
|
26,187 |
| Opening balance as at 01 February 2025 |
2,965 |
|
17,522 |
|
20,487 |
|
| 4. |
Share Capital
Authorised
100 Class A shares of £1.00 each
Allotted, called up and fully paid
|
2026
£ |
|
2025
£ |
|
100
Class A shares of £1.00 each |
100 |
|
100 |
|
100 |
|
100 |
|
2
|