CASTLE RESIDENTIAL INVESTMENTS LIMITED

Company Registration Number:
10742967 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

15 months to 31 July 2022


£

£
Fixed assets
Tangible assets: 3 4,493 5,990
Total fixed assets: 4,493 5,990
Current assets
Stocks: 702,529 690,700
Cash at bank and in hand: 100 100
Total current assets: 702,629 690,800
Creditors: amounts falling due within one year: 4 (710,059) (697,384)
Net current assets (liabilities): (7,430) (6,584)
Total assets less current liabilities: (2,937) (594)
Total net assets (liabilities): (2,937) (594)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (3,037) (694)
Shareholders funds: (2,937) (594)

The notes form part of these financial statements

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2024
and signed on behalf of the board by:

Name: Mr D McGrath
Status: Director

The notes form part of these financial statements

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Plant and equipment 25% reducing balance.

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 15 months to 31 July 2022
Average number of employees during the period 1 1

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 6,250
At 31 July 2023 6,250
Depreciation
At 01 August 2022 260
Charge for year 1,497
At 31 July 2023 1,757
Net book value
At 31 July 2023 4,493
At 31 July 2022 5,990

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

Other creditors £710,059 (2022: £697,384)

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Changes in presentation and prior period adjustments

Changes to the balance sheet Tangible assets As previously reported £- Adjustment £5,990 As restated at 31 Jul 2022 £5,990 Stocks As previously reported £323,634 Adjustment £367,066 As restated at 31 Jul 2022 £690,700 Other creditors As previously reported £(323,974) Adjustment £(373,410) As restated at 31 Jul 2022 £(697,384) Net assets As previously reported £(240) Adjustment £(354) As restated at 31 Jul 2022 £(594) Capital and reserves Profit and loss reserves As previously reported £(340) Adjustment £(354) As restated at 31 Jul 2022 £(694) Changes to the profit and loss account Turnover As previously reported £- Adjustment £(1) As restated at 31 Jul 2022 £(1) Administrative expenses As previously reported £(340) Adjustment £(353) As restated at 31 Jul 2022 £(693) Loss for the financial period As previously reported £(340) Adjustment £(354) As restated at 31 Jul 2022 £(694) Reconciliation of changes in equity Adjustments to prior year Depreciation 1 May 2021 £- 31 July 2022 £(260) Rates 1 May 2021 £- 31 July 2022 £(94) Total adjustments 1 May 2021 £- 31 July 2022 £(354) Equity as previously reported 1 May 2021 £100 31 July 2022 £(240)Equity as adjusted 1 May 2021 £100 31 July 2022 £(594) Analysis of the effect upon equity Profit and loss reserves 1 May 2021 £- 31 July 2022 £(354)Reconciliation of changes in loss for the previous financial periodAdjustments to prior yearDepreciation £(260) Rates £(94) Total adjustments £(354) Loss as previously reported £(340) Loss as adjusted £(694) Notes to reconciliation In the accounts for the year ended 31 July 2022, the costs relating to a property were included in another company, Castle Residential Homes Limited which is part of the group. However the property is owned by Castle Residential Investments Ltd and hence amendments has been made resulting in movement of equity & stock in the financial statements.

CASTLE RESIDENTIAL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Related party transactions

Name of the related party: Castle Carpenters Limited
Relationship:
Common control
Description of the Transaction: Loan
£
Balance at 01 August 2022 697,384
Balance at 31 July 2023 710,059