Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-30 2024-11-30 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-12-01 false Manufacture of jewellery and related articles 10 8 true true false 07064338 2023-12-01 2024-11-30 07064338 2022-12-01 2023-11-30 07064338 2024-11-30 07064338 2023-11-30 07064338 c:Director1 2023-12-01 2024-11-30 07064338 d:Buildings d:LongLeaseholdAssets 2023-12-01 2024-11-30 07064338 d:Buildings d:LongLeaseholdAssets 2024-11-30 07064338 d:Buildings d:LongLeaseholdAssets 2023-11-30 07064338 d:PlantMachinery 2023-12-01 2024-11-30 07064338 d:PlantMachinery 2024-11-30 07064338 d:PlantMachinery 2023-11-30 07064338 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07064338 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07064338 d:CurrentFinancialInstruments 2024-11-30 07064338 d:CurrentFinancialInstruments 2023-11-30 07064338 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07064338 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07064338 d:ShareCapital 2024-11-30 07064338 d:ShareCapital 2023-11-30 07064338 d:RetainedEarningsAccumulatedLosses 2024-11-30 07064338 d:RetainedEarningsAccumulatedLosses 2023-11-30 07064338 c:FRS102 2023-12-01 2024-11-30 07064338 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07064338 c:FullAccounts 2023-12-01 2024-11-30 07064338 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07064338 2 2023-12-01 2024-11-30 07064338 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 07064338 DESIGN BUILD CAST LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
DESIGN BUILD CAST LIMITED REGISTERED NUMBER: 07064338 BALANCE SHEET AS AT 30 NOVEMBER 2024
| 2024 | 2024 | 2023 | 2023
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 66,690 |  | 75,272
Current assets |  |  |  |  |
Stocks | 5 | 261,234 |  | 318,414 |
Debtors: amounts falling due within one year | 6 | 945,590 |  | 1,066,360 |
Cash at bank and in hand | 7 | 406,404 |  | 485,285 |
|  | 1,613,228 |  | 1,870,059 |
Creditors: amounts falling due within one year | 8 | (235,511) |  | (384,898) |
Net current assets |  |  | 1,377,717 |  | 1,485,161
Net assets |  |  | 1,444,407 |  | 1,560,433
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 1,444,307 |  | 1,560,333
|  |  | 1,444,407 |  | 1,560,433
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 September 2025.
D A Marshall
Director
The notes on pages 2 to 7 form part of these financial statements. Page 1
DESIGN BUILD CAST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
1. | General information
Design Build Cast Limited (the "Company") is a private company limited by shares and in corporated in England and Wales. The address of it's registered office is Leytonstone House, 3 Hanbury Drive, London, E11 1GA. The principal activity of the company during the year continued to be that of activities of manufacture of jewellery and related articles. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the Income and retained earning on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.4 | Interest income
Interest income is recognised in the Income and retained earning using the effective interest method. Page 2
DESIGN BUILD CAST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 2.Accounting policies (continued)
| 2.5 | Finance costs
Finance costs are charged to the Income and retained earning over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in the Income and retained earning when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.8 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 25% reducing balance
|  |  |  | Plant and machinery | - | 25% reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 3
DESIGN BUILD CAST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 2.Accounting policies (continued)
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.13 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Page 4
DESIGN BUILD CAST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
3. | Employees
| The average monthly number of employees, including directors, during the year was 10 (2023 - 8).
4. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 December 2023 | 32,754 | 203,242 | 235,996
| Additions | - | 11,700 | 11,700
| At 30 November 2024 | 32,754 | 214,942 | 247,696
| Depreciation |  |  |
| At 1 December 2023 | 31,165 | 129,559 | 160,724
| Charge for the year on owned assets | 397 | 19,885 | 20,282
| At 30 November 2024 | 31,562 | 149,444 | 181,006
| Net book value |  |  |
| At 30 November 2024 | 1,192 | 65,498 | 66,690
| At 30 November 2023 | 1,589 | 73,683 | 75,272
5. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Stock | 261,234 | 318,414
Page 5
DESIGN BUILD CAST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 404,422 | 467,273
| Amounts owed by group undertakings | 517,176 | 589,936
| Other debtors | 23,561 | 6,183
| Prepayments and accrued income | 431 | 2,968
|  | 945,590 | 1,066,360
7. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 406,404 | 485,285
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 7,689 | 2,409
| Corporation tax | 43,217 | 196,166
| Other taxation and social security | 179,712 | 180,640
| Obligations under finance lease and hire purchase contracts | - | 1,140
| Other creditors | 1,393 | 1,043
| Accruals and deferred income | 3,500 | 3,500
|  | 235,511 | 384,898
9. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £9,412 (2023 - £6,760).Contributions totalling £1,393 (2023 - £1,043) were payable to the fund at the balance sheet date and are included in creditors. Page 6
DESIGN BUILD CAST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
10. | Related party transactions
| At the balance sheet date the company was owed £517,176 (2023 - £589,936) from companies under common control.
11. | Controlling party
The ultimate controlling party is David Marshall London Limited and 100% shareholder of the company.
Page 7