Registration number: 06292399

Cass & Sons Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Cass & Sons Limited

(Registration number: 06292399)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	-	1,760
Current assets
Debtors	6	595	85,873
Cash at bank and in hand		2,671	25,575
		3,266	111,448
Creditors: Amounts falling due within one year	7	(3,117)	(78,760)
Net current assets		149	32,688
Total assets less current liabilities		149	34,448
Provisions for liabilities		-	(334)
Net assets		149	34,114
Capital and reserves
Called up share capital		100	100
Retained earnings		49	34,014
Shareholders' funds		149	34,114

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 September 2026 and signed on its behalf by:
 

......................................... Colin Francis John Cass Director

Cass & Sons Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, and discounts.

Tax

The tax expense for the year comprises current tax, and is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Cass & Sons Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	25% per annum on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition; it was initially recognised as an asset at cost and subsequently measured at cost less accumulated amortisation.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% per annum on cost

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business, and are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 2).

Cass & Sons Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 July 2025	45,000	45,000
At 30 June 2026	45,000	45,000
Amortisation
At 1 July 2025	45,000	45,000
At 30 June 2026	45,000	45,000
Net book value
At 30 June 2026	-	-

5	Tangible assets

	Equipment £	Total £
Cost or valuation
At 1 July 2025	15,543	15,543
Disposals	(15,543)	(15,543)
At 30 June 2026	-	-
Depreciation
At 1 July 2025	13,783	13,783
Eliminated on disposal	(13,783)	(13,783)
At 30 June 2026	-	-
Net book value
At 30 June 2026	-	-
At 30 June 2025	1,760	1,760

6

Debtors

	Note	2026 £	2025 £
Trade debtors		-	21,614
Other debtors		-	64,030
Prepayments		-	229
Income tax asset		595	-
		595	85,873

Cass & Sons Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

7

Creditors

Amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	-	7,505
Taxation and social security	-	4,468
Accruals and deferred income	2,412	3,054
Loan from directors	705	63,733
	3,117	78,760

8	Related party transactions

Summary of transactions with other related parties

During the year the company repaid to another company, jointly controlled by the Directors, the full balance outstanding on a loan being brought forward from the previous year amounting to £64,030.