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REGISTERED NUMBER: 03947679 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SAND CAST LEAD (UK) LIMITED

SAND CAST LEAD (UK) LIMITED (REGISTERED NUMBER: 03947679)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAND CAST LEAD (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: K Smith
J Smith
B Smith





REGISTERED OFFICE: Hamilton Office Park
31 High View Close
Leicester
Leicestershire
LE4 9LJ





REGISTERED NUMBER: 03947679 (England and Wales)





ACCOUNTANTS: TC SEM Limited
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

SAND CAST LEAD (UK) LIMITED (REGISTERED NUMBER: 03947679)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,422 26,278

CURRENT ASSETS
Debtors 5 89,104 86,417
Cash at bank and in hand 3,100 3,057
92,204 89,474
CREDITORS
Amounts falling due within one year 6 43,674 24,251
NET CURRENT ASSETS 48,530 65,223
TOTAL ASSETS LESS CURRENT LIABILITIES 53,952 91,501

CREDITORS
Amounts falling due after more than
one year

7

(26,667

)

(32,500

)

PROVISIONS FOR LIABILITIES - (1,851 )
NET ASSETS 27,285 57,150

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,185 57,050
27,285 57,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

SAND CAST LEAD (UK) LIMITED (REGISTERED NUMBER: 03947679)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2023 and were signed on its behalf by:





K Smith - Director


SAND CAST LEAD (UK) LIMITED (REGISTERED NUMBER: 03947679)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Sand Cast Lead (UK) 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SAND CAST LEAD (UK) LIMITED (REGISTERED NUMBER: 03947679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 95,610 50,279 64,318 210,207
Disposals - (1,208 ) (37,880 ) (39,088 )
At 31 March 2023 95,610 49,071 26,438 171,119
DEPRECIATION
At 1 April 2022 87,914 48,232 47,783 183,929
Charge for year 3,067 1,027 7,892 11,986
Eliminated on disposal - (981 ) (29,237 ) (30,218 )
At 31 March 2023 90,981 48,278 26,438 165,697
NET BOOK VALUE
At 31 March 2023 4,629 793 - 5,422
At 31 March 2022 7,696 2,047 16,535 26,278

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 33,000 -
Other debtors 56,104 86,417
89,104 86,417

SAND CAST LEAD (UK) LIMITED (REGISTERED NUMBER: 03947679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,878 4,302
Taxation and social security 6,961 4,931
Other creditors 24,835 5,018
43,674 24,251

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 26,667 32,500

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
K Smith and J Smith
Balance outstanding at start of year 43,570 28,211
Amounts advanced - 15,853
Amounts repaid (20,516 ) (494 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,054 43,570

B Smith
Balance outstanding at start of year 17,068 17,068
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,068 17,068

The directors loan, B Smith, was repaid in full after the balance sheet date.