Steel Design Nexus Ltd,Ltd - AccountsLtd - Accounts

Steel Design Nexus Ltd,Ltd - AccountsLtd - Accounts

STEEL DESIGN NEXUS LTD - Company Information

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2020-11-01 12236074 2021-10-31 12236074 2020-11-01 2021-10-31 12236074 2020-10-31 12236074 2019-11-01 2020-10-31 12236074 uk-core:WithinOneYear 2020-10-31 12236074 uk-core:WithinOneYear 2021-10-31 12236074 uk-core:AfterOneYear 2020-10-31 12236074 uk-core:AfterOneYear 2021-10-31 12236074 uk-core:ShareCapital 2021-10-31 12236074 uk-core:ShareCapital 2020-10-31 12236074 uk-core:RetainedEarningsAccumulatedLosses 2021-10-31 12236074 uk-core:RetainedEarningsAccumulatedLosses 2020-10-31 12236074 uk-bus:Director1 2020-11-01 2021-10-31 12236074 uk-core:Goodwill 2020-10-31 12236074 uk-core:Goodwill 2021-10-31 12236074 uk-core:ComputerEquipment 2020-10-31 12236074 uk-core:CommercialMotorVehicles 2020-10-31 12236074 uk-core:PlantMachinery 2020-10-31 12236074 uk-core:PlantMachinery 2021-10-31 12236074 uk-core:CommercialMotorVehicles 2021-10-31 12236074 uk-core:ComputerEquipment 2021-10-31 12236074 uk-core:ComputerEquipment 2020-11-01 2021-10-31 12236074 uk-core:CommercialMotorVehicles 2020-11-01 2021-10-31 12236074 uk-core:PlantMachinery 2020-11-01 2021-10-31 12236074 uk-core:WithinOneYear 2021-10-31 12236074 uk-core:WithinOneYear 2020-10-31 12236074 uk-core:AfterOneYear uk-core:Secured 2021-10-31 12236074 uk-core:AfterOneYear uk-core:Secured 2020-10-31 iso4217:GBP xbrli:pure 12236074 uk-bus:AuditExemptWithAccountantsReport 2020-11-01 2021-10-31 12236074 uk-bus:FRS102 2020-11-01 2021-10-31 12236074 uk-bus:FullAccounts 2020-11-01 2021-10-31 12236074 uk-bus:PrivateLimitedCompanyLtd 2020-11-01 2021-10-31
Steel Design Nexus Ltd
Registered Number:12236074
For the year ended 31 October 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2021
Steel Design Nexus Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12236074
As at 31 October 2021
Steel Design Nexus Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Intangible assets
18,765
18,765
2
Property, plant and equipment
45,786
57,981
3
64,551
76,746
Current assets
Trade and other receivables
27,421
40,157
4
102,987
Cash and cash equivalents
70,336
110,493
130,408
Trade and other payables: amounts falling due within one
year
(66,375)
(47,365)
5
64,033
63,128
Net current assets
Total assets less current liabilities
127,679
140,779
Trade and other payables: amounts falling due after more
than one year
(56,333)
(40,264)
6
87,415
Net assets
84,446
Capital and reserves
Called up share capital
100
100
Retained earnings
87,315
84,346
87,415
84,446
Shareholders' funds
For the year ended 31 October 2021 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 of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Simon Richard Swindells Director
These financial statements were approved and authorised for issue by the Board on 30 March 2022 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 October 2021
Steel Design Nexus Ltd
Notes to the Financial Statements
Statutory Information
Steel Design Nexus Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12236074.
Registered address:
Ellen Holme Works
Ellen Holme Road
Luddendenfoot
West Yorkshire
HX2 6EP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 November 2020
18,765
At 31 October 2021
18,765
Net book value
At 31 October 2021
18,765
At 31 October 2020
18,765
3. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 November 2020
65,885
2,000
13,750
50,135
At 31 October 2021
50,135
13,750
2,000
65,885
Provision for depreciation and impairment
At 01 November 2020
7,904
300
84
7,520
Charge for year
12,195
255
3,417
8,523
At 31 October 2021
20,099
555
3,501
16,043
At 31 October 2021
Net book value
34,092
10,249
1,445
45,786
At 31 October 2020
42,615
13,666
1,700
57,981
2 of 3
5
For the year ended 31 October 2021
Steel Design Nexus Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2020
2021
£
£
Trade debtors
38,075
27,421
Other debtors
2,082
-
27,421
40,157
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft
10,000
-
Trade creditors
12,447
13,048
Taxation and social security
22,714
31,904
Other creditors
2,204
21,423
47,365
66,375
6. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft
35,931
50,000
Other creditors
4,333
6,333
40,264
56,333
7. Average number of persons employed
During the year the average number of employees was 3 (2020 : 3)
3 of 3