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Company Registration No. 08385715 (England and Wales)
Castle Commercials (Tutbury) Limited Unaudited accounts for the year ended 28 February 2023
Castle Commercials (Tutbury) Limited Unaudited accounts Contents
Page
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Castle Commercials (Tutbury) Limited Company Information for the year ended 28 February 2023
Directors
Mr Leonard Smith Mr Russell Bull
Company Number
08385715 (England and Wales)
Registered Office
501/502 FAULD LOWER COMPOUND FAULD INDUSTRIAL ESTATE FAULD BURTON ON TRENT DE13 9HS
Accountants
MBH Accounts Services Ltd 30 Lodge Road Brereton Rugeley Staffordshire WS15 1HG
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Castle Commercials (Tutbury) Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
387,399 
383,768 
Current assets
Inventories
10,000 
10,000 
Debtors
160,883 
120,894 
Cash at bank and in hand
465,564 
293,257 
636,447 
424,151 
Creditors: amounts falling due within one year
(315,151)
(252,300)
Net current assets
321,296 
171,851 
Total assets less current liabilities
708,695 
555,619 
Creditors: amounts falling due after more than one year
(108,204)
(154,832)
Provisions for liabilities
Deferred tax
(51,845)
(50,549)
Net assets
548,646 
350,238 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
548,644 
350,236 
Shareholders' funds
548,646 
350,238 
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 30 November 2023 and were signed on its behalf by
Mr Leonard Smith Director Company Registration No. 08385715
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Castle Commercials (Tutbury) Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Castle Commercials (Tutbury) Limited is a private company, limited by shares, registered in England and Wales, registration number 08385715. The registered office is 501/502 FAULD LOWER COMPOUND, FAULD INDUSTRIAL ESTATE, FAULD, BURTON ON TRENT, DE13 9HS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
0%
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
100,000 
87,188 
406,878 
1,425 
1,696 
597,187 
Additions
- 
70,000 
18,500 
- 
213 
88,713 
At 28 February 2023
100,000 
157,188 
425,378 
1,425 
1,909 
685,900 
Depreciation
At 1 March 2022
- 
73,493 
137,773 
1,051 
1,102 
213,419 
Charge for the year
- 
11,277 
73,555 
93 
157 
85,082 
At 28 February 2023
- 
84,770 
211,328 
1,144 
1,259 
298,501 
Net book value
At 28 February 2023
100,000 
72,418 
214,050 
281 
650 
387,399 
At 28 February 2022
100,000 
13,695 
269,105 
374 
594 
383,768 
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Castle Commercials (Tutbury) Limited Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
160,883 
120,894 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,580 
7,662 
Obligations under finance leases and hire purchase contracts
37,500 
38,208 
Trade creditors
3,740 
13,508 
Taxes and social security
103,165 
38,263 
Loans from directors
150,046 
147,084 
Accruals
15,120 
7,575 
315,151 
252,300 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
52,405 
53,744 
Obligations under finance leases and hire purchase contracts
55,799 
101,088 
108,204 
154,832 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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