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REGISTERED NUMBER: 08304400 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

CASTINGS DRAINAGE SUPPLIES LIMITED

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

CASTINGS DRAINAGE SUPPLIES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 NOVEMBER 2025

| DIRECTOR: | D E Mackle

| SECRETARY: | D E Mackle

| REGISTERED OFFICE: | James Lane

| Grazeley Green

| Reading

| Berkshire

| RG7 1NB

| REGISTERED NUMBER: | 08304400 (England and Wales)

| ACCOUNTANTS: | Davis Burton Sellek

| Chartered Accountants

| The Galleries

| Charters Road

| Sunningdale

| Berkshire

| SL5 9QJ

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

BALANCE SHEET

30 NOVEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 70,734 |  | 72,383 |  |

CURRENT ASSETS

Stocks | 592,936 |  | 464,205 |  |

Debtors | 6 | 1,056,187 |  | 1,303,825 |  |

Cash at bank and in hand | 240,886 |  | 69,859 |  |

1,890,009 |  | 1,837,889 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,606,943 |  | 1,515,231 |  |

NET CURRENT ASSETS | 283,066 |  | 322,658 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 353,800 |  | 395,041 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (20,033 | ) | (42,985 | ) |

PROVISIONS FOR LIABILITIES | (9,790 | ) | (8,145 | ) |

NET ASSETS | 323,977 |  | 343,911 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 323,877 |  | 343,811 |  |

323,977 |  | 343,911 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

BALANCE SHEET - continued

30 NOVEMBER 2025

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 18 February 2026 and were signed by:

D E Mackle - Director

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1. | STATUTORY INFORMATION

| Castings Drainage Supplies 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Significant judgements and estimates

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

| Going concern

| The financial statements have been prepared on the going concern basis and the director confirms his belief in the company's ability to continue as a going concern for a period of at least twelve months from the date of approval of the financial statements.

| Turnover

| Turnover is measured at the fair value of consideration received or receivable for goods, net of discounts and value added taxes.

| Turnover comprises the sale of drainage products and similar goods to customers at an agreed price and is recognised when the significant risk and rewards of ownership of the goods have transferred to the buyer.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Improvements to property | - | 20% on cost

| Plant and machinery | - | 25% on cost

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 25% on cost

| 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 the profit and loss account.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

| Equity instruments

| Equity instruments issued by the company are recorded at proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

| 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.

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

3. | ACCOUNTING POLICIES - continued

| 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

| Assets acquired under finance leases and hire purchase contracts are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method.

| Rentals payable under operating leases are charged to the profit and 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.

| Short term debtors and creditors

| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

| Provisions

| Provisions (ie. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 7 ) .

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Motor |  | Computer |

| property |  | machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 December 2024 | 33,413 |  | 25,107 |  | 50,886 |  | 6,908 |  | 116,314 |  |

| Additions | - |  | 14,250 |  | - |  | 6,758 |  | 21,008 |  |

| At 30 November 2025 | 33,413 |  | 39,357 |  | 50,886 |  | 13,666 |  | 137,322 |  |

| DEPRECIATION

| At 1 December 2024 | 6,265 |  | 18,316 |  | 15,896 |  | 3,454 |  | 43,931 |  |

| Charge for year | 8,353 |  | 5,157 |  | 6,998 |  | 2,149 |  | 22,657 |  |

| At 30 November 2025 | 14,618 |  | 23,473 |  | 22,894 |  | 5,603 |  | 66,588 |  |

| NET BOOK VALUE

| At 30 November 2025 | 18,795 |  | 15,884 |  | 27,992 |  | 8,063 |  | 70,734 |  |

| At 30 November 2024 | 27,148 |  | 6,791 |  | 34,990 |  | 3,454 |  | 72,383 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Improvements |

| to |  | Motor |

| property |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 December 2024

| and 30 November 2025 | 33,413 |  | 31,037 |  | 64,450 |  |

| DEPRECIATION

| At 1 December 2024 | 6,265 |  | - |  | 6,265 |  |

| Charge for year | 8,353 |  | 6,207 |  | 14,560 |  |

| At 30 November 2025 | 14,618 |  | 6,207 |  | 20,825 |  |

| NET BOOK VALUE

| At 30 November 2025 | 18,795 |  | 24,830 |  | 43,625 |  |

| At 30 November 2024 | 27,148 |  | 31,037 |  | 58,185 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,031,046 |  | 1,286,017 |  |

| Other debtors | 25,141 |  | 17,808 |  |

1,056,187 |  | 1,303,825 |  |

CASTINGS DRAINAGE SUPPLIES LIMITED (REGISTERED NUMBER: 08304400)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,000 |  | 10,000 |  |

| Hire purchase contracts (see note 9) | 17,952 |  | 18,232 |  |

| Trade creditors | 787,943 |  | 635,981 |  |

| Taxation and social security | 83,383 |  | 53,731 |  |

| Other creditors | 712,665 |  | 797,287 |  |

1,606,943 |  | 1,515,231 |  |

| Other creditors includes an invoice discounting commercial finance facility, with Lloyds TSB Commercial Finance Ltd. The balance at the year end is £638,646 (2024 : £735,319). This facility is secured via a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures and fixed plant and machinery.

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 5,000 |  |

| Hire purchase contracts (see note 9) | 20,033 |  | 37,985 |  |

20,033 |  | 42,985 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 17,952 |  | 18,232 |  |

| Between one and five years | 20,033 |  | 37,985 |  |

37,985 |  | 56,217 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 48,000 |  | 48,000 |  |

| Between one and five years | 108,000 |  | 156,000 |  |

156,000 |  | 204,000 |  |

10. | CONTROL

| The controlling party in the current and previous financial year is Mr D Mackle by virtue of his ownership of the majority of the issued share capital.