Company Registration No. 11811756 (England and Wales)
Castle M Ltd
Unaudited accounts
for the year ended 28 February 2023
Castle M Ltd
Unaudited accounts
Contents
Castle M Ltd
Company Information
for the year ended 28 February 2023
Directors
R McCririe
C Middleton
Company Number
11811756 (England and Wales)
Registered Office
24 Bowburn Avenue
Sunderland
SR5 5TU
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Castle M Ltd
Statement of financial position
as at 28 February 2023
Investment property
172,070
150,345
Cash at bank and in hand
10,836
4,802
Creditors: amounts falling due within one year
(41,335)
(52,548)
Net current liabilities
(30,499)
(47,746)
Total assets less current liabilities
141,571
102,599
Creditors: amounts falling due after more than one year
(129,100)
(107,375)
Provisions for liabilities
Deferred tax
(7,295)
(3,167)
Net assets/(liabilities)
5,176
(7,943)
Called up share capital
2
2
Profit and loss account
5,174
(7,945)
Shareholders' funds
5,176
(7,943)
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by
C Middleton
Director
Company Registration No. 11811756
Castle M Ltd
Notes to the Accounts
for the year ended 28 February 2023
Castle M Ltd is a private company, limited by shares, registered in England and Wales, registration number 11811756. The registered office is 24 Bowburn Avenue, Sunderland, SR5 5TU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2022
150,345
Net gain from fair value adjustments
21,725
At 28 February 2023
172,070
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
40,898
52,194
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
129,100
107,375
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).