REGISTERED NUMBER: 04309706 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NINA GOLD CASTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms H Gould

REGISTERED OFFICE:

10 London Mews

London

W2 1HY

REGISTERED NUMBER:

04309706 (England and Wales)

ACCOUNTANTS:

Stein Richards

Chartered Accountants

10 London Mews

Paddington

LONDON

W2 1HY

FIXED ASSETS

Tangible assets

4

1,053,535

518,247

Investments

5

479,527

501,448

1,533,062

1,019,695

CURRENT ASSETS

Debtors

6

2,343,424

2,154,619

Cash at bank

3,712,097

3,488,307

6,055,521

5,642,926

CREDITORS

Amounts falling due within one year

7

447,579

320,901

NET CURRENT ASSETS

5,607,942

5,322,025

TOTAL ASSETS LESS CURRENT LIABILITIES

7,141,004

6,341,720

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,140,904

6,341,620

SHAREHOLDERS' FUNDS

7,141,004

6,341,720

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 director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

Ms H Gould - Director

1.	STATUTORY INFORMATION

Nina Gold Casting 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Tangible fixed assets 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 ny management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives as indicated below:

Depreciation is provided on the following basis:

Plant and Machinery - 25% reducing balance

Plant and Machinery - over the term of the lease

Motor Vehicle - 25% reducing balance

Short Leasehold - over the term of the lease

The assets' residual values, useful lives and depreciation methods are reviewed annually and adjusted accordingly if applicable.

Taxation

Taxation for the year comprises current 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.

Foreign currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases

Rentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.

Investment

Fixed asset investment are measured at fair value. Changes in the fair value are recognised in profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 April 2024

1,960

246,506

293,416

Additions

-

584,552

3,446

At 31 March 2025

1,960

831,058

296,862

DEPRECIATION

At 1 April 2024

1,960

7,244

193,766

Charge for year

-

17,340

25,774

At 31 March 2025

1,960

24,584

219,540

NET BOOK VALUE

At 31 March 2025

-

806,474

77,322

At 31 March 2024

-

239,262

99,650

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

143,204

68,907

753,993

Additions

18,687

-

606,685

At 31 March 2025

161,891

68,907

1,360,678

DEPRECIATION

At 1 April 2024

20,409

12,367

235,746

Charge for year

14,148

14,135

71,397

At 31 March 2025

34,557

26,502

307,143

NET BOOK VALUE

At 31 March 2025

127,334

42,405

1,053,535

At 31 March 2024

122,795

56,540

518,247

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

501,448

Revaluations

(21,921

)

At 31 March 2025

479,527

NET BOOK VALUE

At 31 March 2025

479,527

At 31 March 2024

501,448

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2022

(3,373

)

Valuation in 2023

(15,579

)

Valuation in 2024

20,400

Valuation in 2025

(21,921

)

Cost

500,000

479,527

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

228,136

40,140

Other debtors

2,115,288

2,114,479

2,343,424

2,154,619

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

40,527

12,131

Taxation and social security

388,376

295,009

Other creditors

18,676

13,761

447,579

320,901

8.	FINANCIAL INSTRUMENTS

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

9.	OTHER FINANCIAL COMMITMENTS

Operating lease commitments not included in the balance sheet amount to £Nil (2024: £9,439).

10.	RELATED PARTY DISCLOSURES