Cases For Industry Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 3139374

CASES FOR INDUSTRY LIMITED

Filleted Financial Statements

31 March 2025

CASES FOR INDUSTRY LIMITED

Financial Statements

Year ended 31st March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

CASES FOR INDUSTRY LIMITED

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		281,208	323,449

Current assets

Stocks		308,985	266,019
Debtors	6	1,072,556	1,106,248
Cash at bank and in hand		1,369,971	1,094,049
		------------	------------
		2,751,512	2,466,316

Creditors: amounts falling due within one year	7	1,025,170		840,224
		------------		------------
Net current assets			1,726,342	1,626,092
			------------	------------
Total assets less current liabilities			2,007,550	1,949,541

Provisions

Taxation including deferred tax	60,653	70,141
	------------	------------
Net assets	1,946,897	1,879,400
	------------	------------

Capital and reserves

Called up share capital	200	200
Profit and loss account	1,946,697	1,879,200
	------------	------------
Shareholder funds	1,946,897	1,879,400
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 31 October 2025 , and are signed on behalf of the board by:

S.G. Cunniffe	S.A. Higson
Director	Director

Company registration number: 3139374

CASES FOR INDUSTRY LIMITED

Notes to the Financial Statements

Year ended 31st March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Abbeyway South, Vista Road, Haydock, St. Helens, WA11 0RW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Fibre Drums Limited which can be obtained from Companies House, Crown Way, Cardiff CF14 3UZ. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: - Disclosures in respect of each class of share capital have not been presented. - No cash flow statement has been presented for the company. - Disclosures in respect of financial instruments have not been presented. - Disclosures in respect of share-based payments have not been presented. - No disclosure has been given for the aggregate remuneration of key management personnel.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Useful life of fixed assets In making decisions regarding the depreciation of non current assets, management must estimate the useful life of said assets to the business. A change in estimate would result in a change in the depreciation charged to profit and loss in each year. The carrying amount of depreciation at the end of 31st March 2025 is £336,974 (2024: £361,204).

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and Machinery	-	10% reducing balance
Motor Vehicles	-	25% reducing balance
Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 42 (2024: 43 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1st April 2024	563,954	109,354	11,345	684,653
Additions	25,339	–	–	25,339
Disposals	( 62,065)	( 18,400)	( 11,345)	( 91,810)
	---------	---------	--------	---------
At 31st March 2025	527,228	90,954	–	618,182
	---------	---------	--------	---------
Depreciation
At 1st April 2024	272,367	77,544	11,293	361,204
Charge for the year	26,111	7,585	–	33,696
Disposals	( 29,705)	( 16,928)	( 11,293)	( 57,926)
	---------	---------	--------	---------
At 31st March 2025	268,773	68,201	–	336,974
	---------	---------	--------	---------
Carrying amount
At 31st March 2025	258,455	22,753	–	281,208
	---------	---------	--------	---------
At 31st March 2024	291,587	31,810	52	323,449
	---------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	841,335	920,393
Other debtors	231,221	185,855
	------------	------------
	1,072,556	1,106,248
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	473,921	427,869
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	7,502
Social security and other taxes	371,801	218,457
Other creditors	179,448	186,396
	------------	---------
	1,025,170	840,224
	------------	---------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	43,317	37,399
Later than 1 year and not later than 5 years	107,134	134,516
Later than 5 years	12,608	28,543
	---------	---------
	163,059	200,458
	---------	---------

9. Summary audit opinion

The auditor's report dated 31 October 2025 was unqualified .

The senior statutory auditor was Stuart Whitehead FCA , for and on behalf of Edwards Veeder LLP .

10. Related party transactions

The company has taken advantage of the exemption available in Section 33 of FRS 102 "Related Party Disclosures" whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group. At 31 March 2025 the company was owed £114,862 (2024: £125,427) from a company related by common ownership and control. No interest is charged on amounts outstanding and there are no fixed repayment terms. No securities have been given or received.

11. Controlling party

The company is a wholly owned subsidiary of Fibre Drums Limited, a company incorporated in England and Wales. Copies of the ultimate parent company's financial statements may be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.