REGISTERED NUMBER: 01284002 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

R.D. Castings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E Pateman

M R Pateman

Mrs J L Pateman

A L Pateman

REGISTERED OFFICE:

10 Leyton Avenue

Mildenhall

Suffolk

IP28 7BL

REGISTERED NUMBER:

01284002 (England and Wales)

ACCOUNTANTS:

FWD Accounts Limited

7 Forbes Business Centre

Kempson Way

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Tangible assets

3

2,148,165

2,264,558

CURRENT ASSETS

Stocks

430,584

457,562

Debtors

4

712,566

802,678

Investments

5

8,184

5,215

Cash at bank

1,058,906

700,544

2,210,240

1,965,999

CREDITORS

Amounts falling due within one year

6

816,495

860,630

NET CURRENT ASSETS

1,393,745

1,105,369

TOTAL ASSETS LESS CURRENT LIABILITIES

3,541,910

3,369,927

CREDITORS

Amounts falling due after more than one year

7

(83,333

)

(155,284

)

PROVISIONS FOR LIABILITIES

9

(339,170

)

(350,791

)

NET ASSETS

3,119,407

2,863,852

CAPITAL AND RESERVES

Called up share capital

10

10,000

10,000

Fair value reserve

5,613

3,707

Retained earnings

3,103,794

2,850,145

SHAREHOLDERS' FUNDS

3,119,407

2,863,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 23 April 2026 and were signed on its behalf by:

R E Pateman - Director

Mrs J L Pateman - Director

1.	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.

Freehold property

-

in accordance with the property

Plant and machinery

-

10% on cost and 10% on reducing balance

Fixtures and fittings

-

25% on cost and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Freehold buildings are depreciated to write down the cost less estimated residual value over their remaining useful life by equal annual instalments. Where buildings are maintained to such a standard that their estimated residual value is not less than their cost or valuation, no depreciation is charged as it is not material.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Foreign currencies

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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 39 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 November 2024

692,160

3,546,210

253,577

201,810

4,693,757

Additions

-

71,361

2,037

61,000

134,398

Disposals

-

-

-

(89,919

)

(89,919

)

At 31 October 2025

692,160

3,617,571

255,614

172,891

4,738,236

DEPRECIATION

At 1 November 2024

-

2,123,353

222,510

83,336

2,429,199

Charge for year

-

174,098

5,582

40,795

220,475

Eliminated on disposal

-

-

-

(59,603

)

(59,603

)

At 31 October 2025

-

2,297,451

228,092

64,528

2,590,071

NET BOOK VALUE

At 31 October 2025

692,160

1,320,120

27,522

108,363

2,148,165

At 31 October 2024

692,160

1,422,857

31,067

118,474

2,264,558

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

657,202

717,432

Prepayments

55,364

85,246

712,566

802,678

5.	CURRENT ASSET INVESTMENTS

31/10/25

31/10/24

£

£

Listed investments

8,184

5,215

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

82,971

126,447

Trade creditors

205,272

266,621

Tax

138,669

93,759

Social security and other taxes

28,835

23,351

VAT

78,233

89,598

Directors' current accounts

113,791

108,661

Deferred grant income

74,747

61,261

Accrued expenses

93,977

90,932

816,495

860,630

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

83,333

155,284

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/10/25

31/10/24

£

£

Hire purchase contracts

166,304

281,731

9.	PROVISIONS FOR LIABILITIES

31/10/25

31/10/24

£

£

Deferred tax

339,170

350,791

Deferred

tax

£

Balance at 1 November 2024

350,791

Provided during year

(11,621

)

Balance at 31 October 2025

339,170

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

10,000

Ordinary

£1

10,000

10,000

11.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr R E Pateman & Mrs J L Pateman by virtue of their shareholdings.