IRIS Accounts Production v25.1.0.734 06677363 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066773632023-08-31066773632024-08-31066773632023-09-012024-08-31066773632022-08-31066773632022-09-012023-08-31066773632023-08-3106677363ns15:EnglandWales2023-09-012024-08-3106677363ns14:PoundSterling2023-09-012024-08-3106677363ns10:Director12023-09-012024-08-3106677363ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106677363ns10:SmallEntities2023-09-012024-08-3106677363ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106677363ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106677363ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106677363ns10:FullAccounts2023-09-012024-08-3106677363ns10:OrdinaryShareClass12023-09-012024-08-3106677363ns10:OrdinaryShareClass22023-09-012024-08-3106677363ns10:OrdinaryShareClass32023-09-012024-08-3106677363ns10:Director22023-09-012024-08-3106677363ns10:RegisteredOffice2023-09-012024-08-3106677363ns5:CurrentFinancialInstruments2024-08-3106677363ns5:CurrentFinancialInstruments2023-08-3106677363ns5:Non-currentFinancialInstruments2024-08-3106677363ns5:Non-currentFinancialInstruments2023-08-3106677363ns5:ShareCapital2024-08-3106677363ns5:ShareCapital2023-08-3106677363ns5:SharePremium2024-08-3106677363ns5:SharePremium2023-08-3106677363ns5:RetainedEarningsAccumulatedLosses2024-08-3106677363ns5:RetainedEarningsAccumulatedLosses2023-08-3106677363ns5:PlantMachinery2023-09-012024-08-3106677363ns5:FurnitureFittings2023-09-012024-08-3106677363ns5:MotorVehicles2023-09-012024-08-3106677363ns5:ComputerEquipment2023-09-012024-08-3106677363ns5:PlantMachinery2023-08-3106677363ns5:FurnitureFittings2023-08-3106677363ns5:MotorVehicles2023-08-3106677363ns5:ComputerEquipment2023-08-3106677363ns5:PlantMachinery2024-08-3106677363ns5:FurnitureFittings2024-08-3106677363ns5:MotorVehicles2024-08-3106677363ns5:ComputerEquipment2024-08-3106677363ns5:PlantMachinery2023-08-3106677363ns5:FurnitureFittings2023-08-3106677363ns5:MotorVehicles2023-08-3106677363ns5:ComputerEquipment2023-08-3106677363ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-08-3106677363ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3106677363ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-08-3106677363ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-08-3106677363ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3106677363ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-3106677363ns5:WithinOneYear2024-08-3106677363ns5:WithinOneYear2023-08-3106677363ns5:BetweenOneFiveYears2024-08-3106677363ns5:BetweenOneFiveYears2023-08-3106677363ns5:AllPeriods2024-08-3106677363ns5:AllPeriods2023-08-3106677363ns5:AcceleratedTaxDepreciationDeferredTax2024-08-3106677363ns5:AcceleratedTaxDepreciationDeferredTax2023-08-3106677363ns5:DeferredTaxation2023-08-3106677363ns5:DeferredTaxation2023-09-012024-08-3106677363ns5:DeferredTaxation2024-08-3106677363ns10:OrdinaryShareClass12024-08-3106677363ns10:OrdinaryShareClass22024-08-3106677363ns10:OrdinaryShareClass32024-08-31
REGISTERED NUMBER: 06677363 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

PRO-CAST GROUP LIMITED

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRO-CAST GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 31 AUGUST 2024







DIRECTORS: K Roebuck
S Roebuck





REGISTERED OFFICE: 61 Queen Square
Bristol
BS1 4JZ





REGISTERED NUMBER: 06677363 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
61 Queen Square
Bristol
BS1 4JZ

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 55,454 63,288

CURRENT ASSETS
Stocks 5 84,597 58,500
Debtors 6 37,296 46,532
Cash at bank 74,464 95,365
196,357 200,397
CREDITORS
Amounts falling due within one year 7 67,064 65,407
NET CURRENT ASSETS 129,293 134,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,747

198,278

CREDITORS
Amounts falling due after more than
one year

8

(2,743

)

(36,801

)

PROVISIONS FOR LIABILITIES 10 (13,265 ) (12,974 )
NET ASSETS 168,739 148,503

CAPITAL AND RESERVES
Called up share capital 11 100 100
Share premium 2,970 2,970
Retained earnings 165,669 145,433
SHAREHOLDERS' FUNDS 168,739 148,503

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.

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

BALANCE SHEET - continued
31 AUGUST 2024


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 13 February 2025 and were signed on its behalf by:





S Roebuck - Director


PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024

1. STATUTORY INFORMATION

Pro-Cast Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the value of goods despatched and services rendered during the year, 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 - 10% on cost
Office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

Other loans which meet the criteria of basic financial instruments are initially recorded at the present value of cash payable to the lender, usually being equivalent to the proceeds received net of direct issue costs. These liabilities are subsequently measured at amortised cost, using the effective interest rate method.

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.

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.

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 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.

Going concern
The directors have reviewed the going concern status of the business for the foreseeable future and have concluded that they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Office Motor Computer
machinery equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 66,893 17,308 9,999 11,514 105,714
Additions 2,740 163 - 1,614 4,517
At 31 August 2024 69,633 17,471 9,999 13,128 110,231
DEPRECIATION
At 1 September 2023 23,823 8,578 2,500 7,525 42,426
Charge for year 6,915 2,204 1,875 1,357 12,351
At 31 August 2024 30,738 10,782 4,375 8,882 54,777
NET BOOK VALUE
At 31 August 2024 38,895 6,689 5,624 4,246 55,454
At 31 August 2023 43,070 8,730 7,499 3,989 63,288

5. STOCKS
2024 2023
£    £   
Stocks 84,597 58,500

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,752 39,951
Other debtors 11 -
Prepayments 533 6,581
37,296 46,532

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,200 3,200
Trade creditors 12,861 24,620
Corporation tax 34,659 19,381
Social security and other taxes 1,725 1,148
VAT 10,149 13,809
Other creditors 745 274
Accruals and deferred income 3,725 2,975
67,064 65,407

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 2,743 3,200
Bank loans - 2-5 years - 2,601
Directors' loan accounts - 31,000
2,743 36,801

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 12,000 12,000
Between one and five years - 12,000
12,000 24,000

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 13,265 12,974

PRO-CAST GROUP LIMITED (REGISTERED NUMBER: 06677363)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 12,974
Charge to Income Statement during year 291
Balance at 31 August 2024 13,265

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
30 Ordinary A £1.00 30 30
40 Ordinary B £1.00 40 40
30 Ordinary C £1.00 30 30
100 100

All Ordinary A, Ordinary B and Ordinary C shares rank pari passu in all respects, except in relation to the payment of dividends.

12. RELATED PARTY DISCLOSURES

Ultimate control lies with K Roebuck and S Roebuck as directors and majority shareholders.

At 31 August 2024 S Roebuck was owed £Nil (2023 - £31,000) by the company of which £Nil (2023 - £NIL) is due within one year and £Nil (2023 - £31,000) is repayable after more than one year. The loan is unsecured and does not carry any interest.