REGISTERED NUMBER: 04103234 (England and Wales)

Financial Statements

for the Year Ended 28 February 2025

for

The Cubra Casting Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J N Ellis

M J Ellis

K D Motherwell

SECRETARY:

D B Oakes

REGISTERED OFFICE:

Units D1 & D2 Halesfield 21

TELFORD

Shropshire

TF7 4NX

REGISTERED NUMBER:

04103234 (England and Wales)

AUDITORS:

WR Partners

Chartered Accountants and Statutory Auditor

Belmont House

Shrewsbury Business Park

Shrewsbury

Shropshire

SY2 6LG

BANKERS:

Lloyds TSB Bank Plc

The Bridge

Walsall

West Midlands

WS1 1LG

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

112,337

141,060

112,337

141,060

CURRENT ASSETS

Inventories

103,683

135,896

Debtors

6

301,064

429,665

Cash at bank and in hand

435,427

376,203

840,174

941,764

CREDITORS

Amounts falling due within one year

7

108,840

198,539

NET CURRENT ASSETS

731,334

743,225

TOTAL ASSETS LESS CURRENT LIABILITIES

843,671

884,285

PROVISIONS FOR LIABILITIES

28,084

34,708

NET ASSETS

815,587

849,577

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

8

1,572

1,572

Retained earnings

813,015

847,005

815,587

849,577

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 24 November 2025 and were signed on its behalf by:

J N Ellis - Director

1.	STATUTORY INFORMATION

The Cubra Casting Company 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

Revenue 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 0, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery etc

-

25% on reducing balance and 20% straight line

Stocks

Inventories 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 7 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

8,001

AMORTISATION

At 1 March 2024

and 28 February 2025

8,001

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 March 2024

440,645

Additions

10,445

At 28 February 2025

451,090

DEPRECIATION

At 1 March 2024

299,585

Charge for year

39,168

At 28 February 2025

338,753

NET BOOK VALUE

At 28 February 2025

112,337

At 29 February 2024

141,060

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

246,607

370,166

Amounts owed by group undertakings

6,418

49,915

Other debtors

48,039

9,584

301,064

429,665

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

73,181

46,436

Taxation and social security

23,295

47,398

Other creditors

12,364

104,705

108,840

198,539

8.

RESERVES

Revaluation

reserve

£

At 1 March 2024

and 28 February 2025

1,572

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Helen Pierce (Senior Statutory Auditor)

for and on behalf of WR Partners

10.	RELATED PARTY DISCLOSURES

During the year the company operated a loan account with Wrekin Shell Mouldings Ltd, it's parent company.

At the balance sheet date the loan balance was £48,469 (2024: £48,469), no interest was charged on this loan during the year (2024: £Nil).

During the year the company paid dividends of Nil (2024: £325,000) to Wrekin Shell Mouldings Limited.

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking of the company is Wrekin Shell Mouldings Limited.

The registered office and business address of Wrekin Shell Mouldings Limited is Units D1 and D2, Halesfield 21, Telford, TF7 4NX.