Registered number
04531796
CASSIA CONTRACT MANUFACTURING LIMITED
Filleted Accounts
31 December 2024
TEMPLETONS (HOLDINGS) LIMITED
CHARTERED ACCOUNTANTS
309 HOE STREET
WALTHAMSTOW
LONDON E17 9BG
CASSIA CONTRACT MANUFACTURING LIMITED
Registered number: 04531796
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 11,001 44,498
Current assets
Stocks 1,675 21,500
Debtors 4 54,457 13,068
Cash at bank and in hand 503,804 691,716
559,936 726,284
Creditors: amounts falling due within one year 5 (280,194) (316,117)
Net current assets 279,742 410,167
Total assets less current liabilities 290,743 454,665
Creditors: amounts falling due after more than one year 6 - (76,445)
Provisions for liabilities (14,764) (14,764)
Net assets 275,979 363,456
Capital and reserves
Called up share capital 3 3
Profit and loss account 275,976 363,453
Shareholders' funds 275,979 363,456
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr. Raza Syed
Director
Approved by the board on 25 September 2025
CASSIA CONTRACT MANUFACTURING LIMITED
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover includes revenue earned from the sale of good. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Equipment, fixtures & fittings 25% reducing balance
Vehicles 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 5
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2024 282,926 30,344 313,270
Disposals (263,800) - (263,800)
At 31 December 2024 19,126 30,344 49,470
Depreciation
At 1 January 2024 251,230 17,542 268,772
Charge for the year 466 3,201 3,667
On disposals (233,970) - (233,970)
At 31 December 2024 17,726 20,743 38,469
Net book value
At 31 December 2024 1,400 9,601 11,001
At 31 December 2023 31,696 12,802 44,498
4 Debtors 2024 2023
£ £
Trade debtors - 13,068
Amounts owed by associated companies (see note 7 below) 52,926 -
Other debtors 1,531 -
54,457 13,068
5 Creditors: amounts falling due within one year 2024 2023
Bank loans and overdrafts - 40,000
Trade creditors 5,181 7,586
Other taxes and social security costs 1,496 12,874
Other creditors 273,517 255,657
280,194 316,117
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 66,667
Amounts owed to associated company(see note 7 below) - 9,778
- 76,445
2024 2023
7 Related party transactions £ £
Willowdale Estates Ltd
The company is under the same control as Willowdale Estates Ltd.
Amount due to related party -see Note 6 above (Creditors) 9,778
Amount due from related party -see Note 4 above (Debtors) 52,926
8 Controlling party
The company was under the control of Mr Raza Syed, director and shareholder of the company throughout the year.
9 Other information
CASSIA CONTRACT MANUFACTURING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
309 Hoe Street
Walthamstow
London
E17 9BG
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