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REGISTERED NUMBER: 11398453 (England and Wales)















CASCADES NW LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CASCADES NW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: R Woodhouse





REGISTERED OFFICE: Livingston House
Tarvin Road
Frodsham
England
WA6 6XN





REGISTERED NUMBER: 11398453 (England and Wales)






CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 106,528 114,567
Tangible assets 5 14,628 84,837
121,156 199,404

CURRENT ASSETS
Stocks 15,000 50,000
Debtors 6 71,281 8,980
Cash at bank 116,900 72,133
203,181 131,113
CREDITORS
Amounts falling due within one year 7 135,709 77,743
NET CURRENT ASSETS 67,472 53,370
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,628

252,774

CREDITORS
Amounts falling due after more than one
year

8

(46,734

)

(131,821

)

PROVISIONS FOR LIABILITIES (3,657 ) (16,119 )
NET ASSETS 138,237 104,834

CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and loss account 138,137 104,734
SHAREHOLDERS' FUNDS 138,237 104,834

CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 September 2024 and were signed by:





R Woodhouse - Director


CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Cascades NW 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 represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of seven years.

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 reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on reducing balance

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

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.

CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 163,938 3,000 166,938
AMORTISATION
At 1 April 2023 50,205 2,166 52,371
Amortisation for year 7,583 456 8,039
At 31 March 2024 57,788 2,622 60,410
NET BOOK VALUE
At 31 March 2024 106,150 378 106,528
At 31 March 2023 113,733 834 114,567

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 3,320 22,304 89,957 2,685 118,266
Additions - - 9,000 - 9,000
Disposals - - (89,957 ) - (89,957 )
At 31 March 2024 3,320 22,304 9,000 2,685 37,309
DEPRECIATION
At 1 April 2023 277 16,570 14,993 1,589 33,429
Charge for year 761 1,434 12,932 362 15,489
Eliminated on disposal - - (26,237 ) - (26,237 )
At 31 March 2024 1,038 18,004 1,688 1,951 22,681
NET BOOK VALUE
At 31 March 2024 2,282 4,300 7,312 734 14,628
At 31 March 2023 3,043 5,734 74,964 1,096 84,837

CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 54,003 2,860
Amounts owed by group undertakings 7,719 100
Other debtors - 57
Prepayments and accrued income 9,559 5,963
71,281 8,980

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,042 20,042
Hire purchase contracts - 15,107
Trade creditors 53,659 33,635
Corporation tax 38,057 -
Social security and other taxes 19,961 5,990
Other creditors 745 320
Accrued expenses 3,245 2,649
135,709 77,743

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 46,734 63,362
Bank loans more 5 yr by instal - 3,347
Hire purchase contracts - 65,112
46,734 131,821

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 3,347

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 66,776 86,751
Hire purchase contracts - 80,219
66,776 166,970

CASCADES NW LIMITED (REGISTERED NUMBER: 11398453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100

11. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £25,666 (2023 : £21,333).

12. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Woodhouse Plumbing Heating & Electrical Limited. The registered office and principal place of business of the parent company is Livingston House, Tarvin Road, Frodsham, England, WA6 6XN.