REGISTERED NUMBER: 09631508 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

Castings Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Fulton

J Fulton

G Spelman

R S Hallworth

REGISTERED OFFICE:

Langley Road South

Salford

Greater Manchester

M6 6TZ

REGISTERED NUMBER:

09631508 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,106

21,483

13,106

21,483

CURRENT ASSETS

Stocks

1,370,962

1,030,571

Debtors

6

1,576,256

1,431,232

Prepayments and accrued income

43,063

44,193

Cash at bank

82,932

86,275

3,073,213

2,592,271

CREDITORS

Amounts falling due within one year

7

2,098,239

1,690,946

NET CURRENT ASSETS

974,974

901,325

TOTAL ASSETS LESS CURRENT LIABILITIES

988,080

922,808

PROVISIONS FOR LIABILITIES

3,209

5,370

NET ASSETS

984,871

917,438

CAPITAL AND RESERVES

Called up share capital

70

70

Capital redemption reserve

30

30

Retained earnings

984,771

917,338

SHAREHOLDERS' FUNDS

984,871

917,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 30 July 2026 and were signed on its behalf by:

G Spelman - Director

1.	STATUTORY INFORMATION

Castings Services 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Short leasehold

-

33% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% 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 13 (2025 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2025

and 30 June 2026

35,000

AMORTISATION

At 1 July 2025

and 30 June 2026

35,000

NET BOOK VALUE

At 30 June 2026

-

At 30 June 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 July 2025

and 30 June 2026

26,330

9,034

18,357

53,721

DEPRECIATION

At 1 July 2025

14,855

7,627

9,756

32,238

Charge for year

5,266

680

2,431

8,377

At 30 June 2026

20,121

8,307

12,187

40,615

NET BOOK VALUE

At 30 June 2026

6,209

727

6,170

13,106

At 30 June 2025

11,475

1,407

8,601

21,483

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,576,256

1,330,639

Directors' current accounts

-

100,593

1,576,256

1,431,232

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

814,736

761,496

Tax

109,309

122,625

Social security and other taxes

10,415

8,350

VAT

197,897

199,287

Invoice discounting advances

836,426

478,007

Directors' current accounts

65,287

-

Accrued expenses

64,169

121,181

2,098,239

1,690,946

8.	DIRECTORS LOAN ACCOUNTS

The following advances and credits to directors subsisted during the years ended 30 June 2026 and 30 June 2025:

2026

2025

£

£

R Fulton

Balance outstanding at start of year

155,555

80,555

Amounts advanced

7,212

170,000

Amounts repaid

(192,500

)

(95,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(29,733

)

155,555

J Fulton

Balance outstanding at start of year

(44,500

)

(63,500

)

Amounts advanced

54,500

19,000

Amounts repaid

(20,553

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,553

)

(44,500

)

G Spelman

Balance outstanding at start of year

-

(60,000

)

Amounts advanced

-

60,000

Amounts repaid

(25,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(25,000

)

-

Overdrawn loan accounts are unsecured and bear interest at the official rate.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is J Fulton.