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REGISTERED NUMBER: 09475089 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CASUALTY RESOURCES LIMITED

CASUALTY RESOURCES LIMITED (REGISTERED NUMBER: 09475089)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

CASUALTY RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: O J Hancock
J D Hancock





REGISTERED OFFICE: High Cottage
Cackle Street
Brede
Rye
East Sussex
TN31 6DX





REGISTERED NUMBER: 09475089 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

CASUALTY RESOURCES LIMITED (REGISTERED NUMBER: 09475089)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 48,515 52,357

CURRENT ASSETS
Stocks 5 1,859 -
Debtors 6 108,715 62,884
Cash at bank 86,810 89,853
197,384 152,737
CREDITORS
Amounts falling due within one year 7 153,038 92,846
NET CURRENT ASSETS 44,346 59,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,861

112,248

CREDITORS
Amounts falling due after more than one
year

8

(5,339

)

(20,389

)

PROVISIONS FOR LIABILITIES 9 (11,498 ) (13,089 )
NET ASSETS 76,024 78,770

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,924 78,670
76,024 78,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

CASUALTY RESOURCES LIMITED (REGISTERED NUMBER: 09475089)

BALANCE SHEET - continued
31 MARCH 2025


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 28 April 2025 and were signed on its behalf by:





O J Hancock - Director


CASUALTY RESOURCES LIMITED (REGISTERED NUMBER: 09475089)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Casualty Resources 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.

The director has made an assessment about the company's ability to continue as a going concern and he does not consider there to be any material uncertainties. As a result he has adopted the going concern basis of accounting.

Turnover
Turnover represents net invoiced sales of goods/services excluding value added tax. Turnover is recognised when the company receives the right to consideration.

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

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

CASUALTY RESOURCES LIMITED (REGISTERED NUMBER: 09475089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2024 35,405 54,545 89,950
Additions 2,322 10,009 12,331
At 31 March 2025 37,727 64,554 102,281
DEPRECIATION
At 1 April 2024 16,010 21,583 37,593
Charge for year 5,430 10,743 16,173
At 31 March 2025 21,440 32,326 53,766
NET BOOK VALUE
At 31 March 2025 16,287 32,228 48,515
At 31 March 2024 19,395 32,962 52,357

5. STOCKS
31.3.25 31.3.24
£    £   
Stocks 1,859 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 100,983 54,886
Other debtors 3,841 3,841
Directors' current accounts - 776
Prepayments 3,891 3,381
108,715 62,884

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 5,050 5,050
Trade creditors 42,369 16,281
Tax 31,996 12,574
VAT 20,264 13,616
Other creditors 20,560 16,929
Directors' current accounts 1,883 -
Accruals and deferred income 20,916 18,396
153,038 92,846

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans - 1-2 years 1,667 10,000
Bank loans - 2-5 years - 1,667
Hire purchase contracts 3,672 8,722
5,339 20,389

CASUALTY RESOURCES LIMITED (REGISTERED NUMBER: 09475089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax
Accelerated capital allowances 11,498 13,089

Deferred
tax
£   
Balance at 1 April 2024 13,089
Provided during year (1,591 )
Balance at 31 March 2025 11,498

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the Directors £1,882.

The loan is interest free and repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CASUALTY RESOURCES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Casualty Resources Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Casualty Resources Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Casualty Resources Limited and state those matters that we have agreed to state to the Board of Directors of Casualty Resources Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Casualty Resources Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Casualty Resources Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Casualty Resources Limited. You consider that Casualty Resources Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Casualty Resources Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


Date: .............................................