Steel Financial Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08321573 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD

6TH DECEMBER 2012 TO 31ST DECEMBER 2013

FOR

STEEL FINANCIAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A M Ashton

S Quinn

P M Collier

REGISTERED OFFICE:

Claremont House

223 Branston Road

Burton on Trent

Staffordshire

DE14 3BT

REGISTERED NUMBER:

08321573 (England and Wales)

ACCOUNTANTS:

Nicholson Blythe

Claremont House

223 Branston Road

Burton-on-Trent

Staffordshire

DE14 3BT

FIXED ASSETS

Tangible assets

2

1,883

CURRENT ASSETS

Cash at bank

36,246

CREDITORS

Amounts falling due within one year

22,618

NET CURRENT ASSETS

13,628

TOTAL ASSETS LESS CURRENT LIABILITIES

15,511

CAPITAL AND RESERVES

Called up share capital

3

300

Profit and loss account

15,211

SHAREHOLDERS' FUNDS

15,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31st July 2014 and were signed on its behalf by:

A M Ashton - Director

S Quinn - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33.3% on reducing balance and 20% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,746

At 31st December 2013

2,746

DEPRECIATION

Charge for period

863

At 31st December 2013

863

NET BOOK VALUE

At 31st December 2013

1,883

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

A Ordinary Shares

£1

100

100

B Ordinary Shares

£1

100

100

C Ordinary Shares

£1

100

300

The following shares were allotted and fully paid for cash at par during the period:

100 A Ordinary Shares shares of £1 each

100 B Ordinary Shares shares of £1 each

100 C Ordinary Shares shares of £1 each