Company No: 10939430 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	G S Ritchie
	R G Robinson
	T F Theron (Resigned 25 June 2025)

SECRETARY

Cosec Services Limited

REGISTERED OFFICE	5 Stratford Place
	London
	W1C 1AX
	United Kingdom

COMPANY NUMBER

10939430 (England and Wales)

AUDITOR	Dixon Wilson Audit Services LLP
	Statutory Auditor
	22 Chancery Lane
	London
	WC2A 1LS

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Intangible assets	3	207,989		223,882
Tangible assets	4	157,361		252,477
		365,350		476,359
Current assets
Stocks	5	740,887		953,714
Debtors	6	349,408		231,440
Cash at bank and in hand		135,011		103,037
		1,225,306		1,288,191
Creditors: amounts falling due within one year	7	( 9,361,584)		( 8,875,535)
Net current liabilities		(8,136,278)		(7,587,344)
Total assets less current liabilities		(7,770,928)		(7,110,985)
Net liabilities		( 7,770,928)		( 7,110,985)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 7,771,028 )		( 7,111,085 )
Total shareholder's deficit		( 7,770,928)		( 7,110,985)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of The Cashmere Caveman Co, Wild Kitchens Limited (registered number: 10939430) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

R G Robinson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

The Cashmere Caveman Co, Wild Kitchens Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 5 Stratford Place, London, W1C 1AX, England, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. In assessing whether the going concern basis is appropriate, the directors have considered that the Parent Company will continue to support the Company for a period of no less than 12 months from the date of signing these financial statements and consequently the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The accounting reference date was changed in the prior year - the prior period was 9 months long and ran from 1 July 2023 to 31 March 2024.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Turnover consists of the sale of the goods and services that the company offers which consists of the bespoke outdoor kitchens, furniture and outdoor cookware.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Intangible assets

The company capitalises its internally generated intellectual property on a cost basis, net of amortisation and any provision for impairment. The intellectual property represents the company's designs, patents and trademarks. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

10 - 25 years straight line

Research and development

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	depreciated over the life of the lease
Plant and machinery etc.	3 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The company as lessee
Rentals payable under operating leases, including any lease incentives receives, are charged to profit or loss on a straight line basis over the term of the relevant lease except were another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials and is calculated using the weighted average cost method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	Year ended 31.03.2025		Period from 01.07.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the company during the year	9		17

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 April 2024	259,277		259,277
At 31 March 2025	259,277		259,277
Accumulated amortisation
At 01 April 2024	35,395		35,395
Charge for the financial year	15,893		15,893
At 31 March 2025	51,288		51,288
Net book value
At 31 March 2025	207,989		207,989
At 31 March 2024	223,882		223,882

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	10,324		382,993		393,317
Disposals	0		( 77,552)		( 77,552)
At 31 March 2025	10,324		305,441		315,765
Accumulated depreciation
At 01 April 2024	4,565		136,275		140,840
Charge for the financial year	2,186		36,868		39,054
Disposals	0		( 21,490)		( 21,490)
At 31 March 2025	6,751		151,653		158,404
Net book value
At 31 March 2025	3,573		153,788		157,361
At 31 March 2024	5,759		246,718		252,477

5. Stocks

	31.03.2025		31.03.2024
	£		£
Stocks	740,887		0
Finished goods	0		953,714
	740,887		953,714

6. Debtors

	31.03.2025		31.03.2024
	£		£
Trade debtors	74,934		13,122
Other debtors	274,474		218,318
	349,408		231,440

7. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Bank overdrafts	1,233		10,280
Trade creditors	109,516		78,699
Amounts owed to parent undertakings	8,592,317		8,445,901
Other taxation and social security	1,734		5,210
Other creditors	656,784		335,445
	9,361,584		8,875,535

8. Financial commitments

Other financial commitments

	31.03.2025		31.03.2024
	£		£
Total future minimum lease payments under non-cancellable operating leases are as follows:	193,580		288,580

9. Parent undertaking

The company's immediate parent is GSR Holdings Limited, incorporated in England and Wales. GSR Holdings Limited (5 Stratford Place, London, United Kingdom, W1C 1AX) produces publicly available financial statements which can be accessed from Companies House.

10. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 March 2025 was unqualified.

The audit report was signed by Steven Wakefield on behalf of Dixon Wilson Audit Services LLP.