Company Registration No. 11403540 (England and Wales)
Castle Electrics Limited
Unaudited accounts
for the year ended 31 December 2022
Castle Electrics Limited
Unaudited accounts
Contents
Castle Electrics Limited
Company Information
for the year ended 31 December 2022
Directors
Leslie Barlett
Dean Christopher Bartlett
Company Number
11403540 (England and Wales)
Registered Office
UNITS 3-4 CHEPSTOW ROAD
RAGLAN
USK
NP15 2JB
WALES
Accountants
JRM Business Services Ltd
8
Somerset Drive
Raglan
Monmouthshire
NP152DW
Castle Electrics Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
33,240
14,081
Creditors: amounts falling due within one year
(8,670)
(41,969)
Net current assets
148,664
67,876
Total assets less current liabilities
187,923
67,876
Creditors: amounts falling due after more than one year
(30,744)
-
Called up share capital
3
3
Profit and loss account
157,176
67,873
Shareholders' funds
157,179
67,876
For the year ending 31 December 2022 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 23 December 2023 and were signed on its behalf by
Leslie Barlett
Director
Company Registration No. 11403540
Castle Electrics Limited
Notes to the Accounts
for the year ended 31 December 2022
Castle Electrics Limited is a private company, limited by shares, registered in England and Wales, registration number 11403540. The registered office is UNITS 3-4 CHEPSTOW ROAD, RAGLAN, USK, NP15 2JB, WALES.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% per annum straight line
4
Tangible fixed assets
Motor vehicles
At 31 December 2022
43,621
At 31 December 2022
39,259
Amounts falling due within one year
Trade debtors
81,712
63,891
Other debtors
30,625
27,030
Castle Electrics Limited
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
8,670
15,918
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 4 (2021: 3).