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REGISTERED NUMBER: 04874885 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 August 2024

for

D. CAIN & SON LIMITED

D. CAIN & SON LIMITED (REGISTERED NUMBER: 04874885)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D. CAIN & SON LIMITED

Company Information
FOR THE YEAR ENDED 31 AUGUST 2024







Directors: D Cain
A Cain
D T Cain
L L Cain





Registered office: Unit 10 Link 49 Industrial Park
Stephens Way
Goose Green
Wigan
Lancashire
WN3 6 PJ





Registered number: 04874885 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

D. CAIN & SON LIMITED (REGISTERED NUMBER: 04874885)

Balance Sheet
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,224,718 3,142,777

CURRENT ASSETS
Debtors 5 815,544 823,958
Cash at bank and in hand 544,273 524,293
1,359,817 1,348,251
CREDITORS
Amounts falling due within one year 6 864,672 748,925
NET CURRENT ASSETS 495,145 599,326
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,719,863

3,742,103

CREDITORS
Amounts falling due after more than one
year

7

(2,813,720

)

(1,827,528

)

PROVISIONS FOR LIABILITIES 9 (558,247 ) (499,756 )
NET ASSETS 1,347,896 1,414,819

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,347,796 1,414,719
SHAREHOLDERS' FUNDS 1,347,896 1,414,819

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





D Cain - Director


D. CAIN & SON LIMITED (REGISTERED NUMBER: 04874885)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

D. Cain & Son 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.
Short leasehold - Straight line over the life of the lease
Long leasehold - Straight line over the life of the lease
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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 35 (2023 - 33 ) .

D. CAIN & SON LIMITED (REGISTERED NUMBER: 04874885)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Short Long Plant and
leasehold leasehold machinery
£    £    £   
COST
At 1 September 2023 84,166 180,880 663,125
Additions - - 16,995
Disposals - - -
At 31 August 2024 84,166 180,880 680,120
DEPRECIATION
At 1 September 2023 58,420 65,688 291,358
Charge for year 7,198 12,059 76,053
Eliminated on disposal - - -
At 31 August 2024 65,618 77,747 367,411
NET BOOK VALUE
At 31 August 2024 18,548 103,133 312,709
At 31 August 2023 25,746 115,192 371,767

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 September 2023 78,735 4,947,642 5,954,548
Additions 10,436 1,844,600 1,872,031
Disposals - (8,000 ) (8,000 )
At 31 August 2024 89,171 6,784,242 7,818,579
DEPRECIATION
At 1 September 2023 32,262 2,364,043 2,811,771
Charge for year 11,368 678,461 785,139
Eliminated on disposal - (3,049 ) (3,049 )
At 31 August 2024 43,630 3,039,455 3,593,861
NET BOOK VALUE
At 31 August 2024 45,541 3,744,787 4,224,718
At 31 August 2023 46,473 2,583,599 3,142,777

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 801,103 812,408
Other debtors 14,441 11,550
815,544 823,958

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 660,349 444,721
Trade creditors 126,134 167,590
Taxation and social security 70,502 130,204
Other creditors 7,687 6,410
864,672 748,925

D. CAIN & SON LIMITED (REGISTERED NUMBER: 04874885)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 2,813,720 1,827,528

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Hire purchase contracts 3,474,069 2,272,249

9. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 558,247 499,756

Deferred
tax
£   
Balance at 1 September 2023 499,756
Charge to Statement of Income and Retained Earnings during year 58,491
Balance at 31 August 2024 558,247

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100