REGISTERED NUMBER: 06471248 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Caswell Interiors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D M Caswell

Mrs A L Caswell

SECRETARY:

Mrs A L Caswell

REGISTERED OFFICE:

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

REGISTERED NUMBER:

06471248 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

FIXED ASSETS

Tangible assets

4

129,134

140,983

CURRENT ASSETS

Stocks

36,550

30,000

Debtors

5

918,455

592,755

Cash at bank

2,171,614

2,042,515

3,126,619

2,665,270

CREDITORS

Amounts falling due within one year

6

379,899

259,775

NET CURRENT ASSETS

2,746,720

2,405,495

TOTAL ASSETS LESS CURRENT LIABILITIES

2,875,854

2,546,478

PROVISIONS FOR LIABILITIES

7,656

9,907

NET ASSETS

2,868,198

2,536,571

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,868,098

2,536,471

2,868,198

2,536,571

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.

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 8 December 2025 and were signed on its behalf by:

Mr D M Caswell - Director

1.	STATUTORY INFORMATION

Caswell Interiors 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.

Turnover

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

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 etc

-

20% on cost and at varying rates on cost

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

206,370

Additions

33,326

Disposals

(22,749

)

At 31 March 2025

216,947

DEPRECIATION

At 1 April 2024

65,387

Charge for year

36,075

Eliminated on disposal

(13,649

)

At 31 March 2025

87,813

NET BOOK VALUE

At 31 March 2025

129,134

At 31 March 2024

140,983

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

424,892

334,061

Amounts recoverable on contracts

79,522

16,252

Other debtors

284,725

194,106

Swansea Properties

-

5,001

Directors' current accounts

63,832

-

VAT

59,086

34,418

Prepayments and accrued income

6,398

8,917

918,455

592,755

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

167,760

78,068

Tax

196,152

33,932

Other creditors

11,175

8,099

Directors' current accounts

-

134,929

Accruals and deferred income

4,812

4,747

379,899

259,775

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr D M Caswell and Mrs A L Caswell

Balance outstanding at start of year

(134,929

)

(27,790

)

Amounts advanced

386,538

72,335

Amounts repaid

(187,777

)

(179,474

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

63,832

(134,929

)

8.	RELATED PARTY DISCLOSURES

The company was controlled by its sole shareholders Mr D.M. Caswell & Mrs A.L. Caswell, who are also directors of the company.