2022-10-012023-09-302023-09-30false04908550Castle Hot Tubs Limited2023-11-0382990iso4217:GBPxbrli:pure049085502022-10-01049085502023-09-30049085502022-10-012023-09-30049085502021-10-01049085502022-09-30049085502021-10-012022-09-3004908550bus:SmallEntities2022-10-012023-09-3004908550bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3004908550bus:AbridgedAccounts2022-10-012023-09-3004908550bus:PrivateLimitedCompanyLtd2022-10-012023-09-3004908550core:WithinOneYear2023-09-3004908550core:AfterOneYear2023-09-3004908550core:WithinOneYear2022-09-3004908550core:AfterOneYear2022-09-3004908550core:ShareCapital2023-09-3004908550core:SharePremium2023-09-3004908550core:RevaluationReserve2023-09-3004908550core:OtherReservesSubtotal2023-09-3004908550core:RetainedEarningsAccumulatedLosses2023-09-3004908550core:ShareCapital2022-09-3004908550core:SharePremium2022-09-3004908550core:RevaluationReserve2022-09-3004908550core:OtherReservesSubtotal2022-09-3004908550core:RetainedEarningsAccumulatedLosses2022-09-3004908550core:LandBuildings2023-09-3004908550core:PlantMachinery2023-09-3004908550core:Vehicles2023-09-3004908550core:FurnitureFittings2023-09-3004908550core:OfficeEquipment2023-09-3004908550core:NetGoodwill2023-09-3004908550core:IntangibleAssetsOtherThanGoodwill2023-09-3004908550core:ListedExchangeTraded2023-09-3004908550core:UnlistedNon-exchangeTraded2023-09-3004908550core:LandBuildings2022-09-3004908550core:PlantMachinery2022-09-3004908550core:Vehicles2022-09-3004908550core:FurnitureFittings2022-09-3004908550core:OfficeEquipment2022-09-3004908550core:NetGoodwill2022-09-3004908550core:IntangibleAssetsOtherThanGoodwill2022-09-3004908550core:ListedExchangeTraded2022-09-3004908550core:UnlistedNon-exchangeTraded2022-09-3004908550core:LandBuildings2022-10-012023-09-3004908550core:PlantMachinery2022-10-012023-09-3004908550core:Vehicles2022-10-012023-09-3004908550core:FurnitureFittings2022-10-012023-09-3004908550core:OfficeEquipment2022-10-012023-09-3004908550core:NetGoodwill2022-10-012023-09-3004908550core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3004908550core:ListedExchangeTraded2022-10-012023-09-3004908550core:UnlistedNon-exchangeTraded2022-10-012023-09-3004908550core:MoreThanFiveYears2022-10-012023-09-3004908550core:Non-currentFinancialInstruments2023-09-3004908550core:Non-currentFinancialInstruments2022-09-3004908550dpl:CostSales2022-10-012023-09-3004908550dpl:DistributionCosts2022-10-012023-09-3004908550core:LandBuildings2022-10-012023-09-3004908550core:PlantMachinery2022-10-012023-09-3004908550core:Vehicles2022-10-012023-09-3004908550core:FurnitureFittings2022-10-012023-09-3004908550core:OfficeEquipment2022-10-012023-09-3004908550dpl:AdministrativeExpenses2022-10-012023-09-3004908550core:NetGoodwill2022-10-012023-09-3004908550core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3004908550dpl:GroupUndertakings2022-10-012023-09-3004908550dpl:ParticipatingInterests2022-10-012023-09-3004908550dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3004908550core:ListedExchangeTraded2022-10-012023-09-3004908550dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3004908550core:UnlistedNon-exchangeTraded2022-10-012023-09-3004908550dpl:CostSales2021-10-012022-09-3004908550dpl:DistributionCosts2021-10-012022-09-3004908550core:LandBuildings2021-10-012022-09-3004908550core:PlantMachinery2021-10-012022-09-3004908550core:Vehicles2021-10-012022-09-3004908550core:FurnitureFittings2021-10-012022-09-3004908550core:OfficeEquipment2021-10-012022-09-3004908550dpl:AdministrativeExpenses2021-10-012022-09-3004908550core:NetGoodwill2021-10-012022-09-3004908550core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3004908550dpl:GroupUndertakings2021-10-012022-09-3004908550dpl:ParticipatingInterests2021-10-012022-09-3004908550dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3004908550core:ListedExchangeTraded2021-10-012022-09-3004908550dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3004908550core:UnlistedNon-exchangeTraded2021-10-012022-09-3004908550core:NetGoodwill2023-09-3004908550core:IntangibleAssetsOtherThanGoodwill2023-09-3004908550core:LandBuildings2023-09-3004908550core:PlantMachinery2023-09-3004908550core:Vehicles2023-09-3004908550core:FurnitureFittings2023-09-3004908550core:OfficeEquipment2023-09-3004908550core:AfterOneYear2023-09-3004908550core:WithinOneYear2023-09-3004908550core:ListedExchangeTraded2023-09-3004908550core:UnlistedNon-exchangeTraded2023-09-3004908550core:ShareCapital2023-09-3004908550core:SharePremium2023-09-3004908550core:RevaluationReserve2023-09-3004908550core:OtherReservesSubtotal2023-09-3004908550core:RetainedEarningsAccumulatedLosses2023-09-3004908550core:NetGoodwill2022-09-3004908550core:IntangibleAssetsOtherThanGoodwill2022-09-3004908550core:LandBuildings2022-09-3004908550core:PlantMachinery2022-09-3004908550core:Vehicles2022-09-3004908550core:FurnitureFittings2022-09-3004908550core:OfficeEquipment2022-09-3004908550core:AfterOneYear2022-09-3004908550core:WithinOneYear2022-09-3004908550core:ListedExchangeTraded2022-09-3004908550core:UnlistedNon-exchangeTraded2022-09-3004908550core:ShareCapital2022-09-3004908550core:SharePremium2022-09-3004908550core:RevaluationReserve2022-09-3004908550core:OtherReservesSubtotal2022-09-3004908550core:RetainedEarningsAccumulatedLosses2022-09-3004908550core:NetGoodwill2021-10-0104908550core:IntangibleAssetsOtherThanGoodwill2021-10-0104908550core:LandBuildings2021-10-0104908550core:PlantMachinery2021-10-0104908550core:Vehicles2021-10-0104908550core:FurnitureFittings2021-10-0104908550core:OfficeEquipment2021-10-0104908550core:AfterOneYear2021-10-0104908550core:WithinOneYear2021-10-0104908550core:ListedExchangeTraded2021-10-0104908550core:UnlistedNon-exchangeTraded2021-10-0104908550core:ShareCapital2021-10-0104908550core:SharePremium2021-10-0104908550core:RevaluationReserve2021-10-0104908550core:OtherReservesSubtotal2021-10-0104908550core:RetainedEarningsAccumulatedLosses2021-10-0104908550core:AfterOneYear2022-10-012023-09-3004908550core:WithinOneYear2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:CostValuation2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3004908550core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3004908550core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3004908550core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3004908550core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3004908550core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3004908550bus:Director12022-10-012023-09-3004908550bus:Director22022-10-012023-09-3004908550bus:Director32022-10-012023-09-3004908550bus:Director42022-10-012023-09-30

Castle Hot Tubs Limited

Registered Number
04908550
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

Castle Hot Tubs Limited
Company Information
for the year from 1 October 2022 to 30 September 2023

Directors

Sally Koob
Sarah Kate Koob
Yan Peter Koob
Kayli Anna Goddard

Company Secretary

Dieter Koob

Registered Address

74 High Street
Fishguard
SA65 9AU

Registered Number

04908550 (England and Wales)
Castle Hot Tubs Limited
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets55,000-
Tangible assets6180,503162,508
185,503162,508
Current assets
Stocks656,757847,998
Debtors8234,203235,489
Cash at bank and on hand433,071518,748
1,324,0311,602,235
Creditors amounts falling due within one year9(251,012)(368,834)
Net current assets (liabilities)1,073,0191,233,401
Total assets less current liabilities1,258,5221,395,909
Creditors amounts falling due after one year(17,365)(28,649)
Provisions for liabilities(22,546)(26,678)
Net assets1,218,6111,340,582
Capital and reserves
Called up share capital100100
Profit and loss account1,218,5111,340,482
Shareholders' funds1,218,6111,340,582
The financial statements were approved and authorised for issue by the Board of Directors on 3 November 2023, and are signed on its behalf by:
Sally Koob
Director
Registered Company No. 04908550
Castle Hot Tubs Limited
Notes to the Financial Statements
for the year ended 30 September 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Fixtures and fittings15
Vehicles25
Intangible assets policy
No depreciation is provided on intangibles as the amount that is depreciated is the difference between cost and residual value. In the opinion of the directors, the residual value of the property is at least cost and there is therefore no depreciation to provide.
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year2024
5.Intangible assets

Total

£
Cost or valuation
Additions5,000
At 30 September 235,000
Net book value
At 30 September 235,000
At 30 September 22-
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 October 22404,623
Additions44,520
At 30 September 23449,143
Depreciation and impairment
At 01 October 22242,115
Charge for year26,525
At 30 September 23268,640
Net book value
At 30 September 23180,503
At 30 September 22162,508
7.Description of nature of transactions and balances with related parties
The directors have lent money to the company. As at 30 September 2023, the amount due to them is £136,167 (2022 - £166,172). The company has also lent money to a director. The amount due is £7,200 (2022 - nil).
8.Debtors

2023

2022

££
Trade debtors / trade receivables7,700-
Amounts owed by associates and joint ventures / participating interests181,100201,100
Prepayments and accrued income45,40334,389
Total234,203235,489
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables57,74965,762
Bank borrowings and overdrafts11,28424,038
Taxation and social security46,253111,061
Other creditors130,667166,172
Accrued liabilities and deferred income5,0591,801
Total251,012368,834
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.