REGISTERED NUMBER: 08318154 (England and Wales)

TOOLCAST LTD

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R N Aldridge

B J Aldridge

SECRETARY:

B J Aldridge

REGISTERED OFFICE:

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

CF23 8RS

REGISTERED NUMBER:

08318154 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

4

26,886

36,044

CURRENT ASSETS

Debtors

5

229,504

111,312

Cash at bank and in hand

377,201

421,353

606,705

532,665

CREDITORS

Amounts falling due within one year

6

(151,115

)

(50,983

)

NET CURRENT ASSETS

455,590

481,682

TOTAL ASSETS LESS CURRENT LIABILITIES

482,476

517,726

CREDITORS

Amounts falling due after more than one year

7

(10,419

)

(15,698

)

PROVISIONS FOR LIABILITIES

(16,450

)

(40,075

)

NET ASSETS

455,607

461,953

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

455,605

461,951

SHAREHOLDERS' FUNDS

455,607

461,953

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

R N Aldridge - Director

1.	STATUTORY INFORMATION

Toolcast Ltd 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Turnover

Turnover represents invoiced sales of machine tools during the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on cost

Office equipment

-

10 - 33% on cost

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Current tax

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

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.

Warranty provision

Provision is made for warranties issued in respect of goods provided to customers. The provision is discounted to reflect the time value of money. These warranties are released to the Profit and Loss account when the warranty period has expired.

Financial instruments

Basic financial instruments are recognised at amortised cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

36,780

9,557

46,337

Additions

-

2,034

2,034

At 31 December 2025

36,780

11,591

48,371

DEPRECIATION

At 1 January 2025

1,839

8,454

10,293

Charge for year

10,421

771

11,192

At 31 December 2025

12,260

9,225

21,485

NET BOOK VALUE

At 31 December 2025

24,520

2,366

26,886

At 31 December 2024

34,941

1,103

36,044

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

135,395

15,950

Other debtors

1,182

1,705

136,577

17,655

Amounts falling due after more than one year:

Other debtors

92,927

93,657

Aggregate amounts

229,504

111,312

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,279

4,656

Trade creditors

10,636

12,820

Taxation and social security

51,913

12,864

Other creditors

83,287

20,643

151,115

50,983

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

10,419

15,698

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire Purchase

15,698

20,354

The hire purchase creditor is secured over the assets to which it relates.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £20,397 to its directors (2024: £10,378). This balance is unsecured, interest free and due on demand.