Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-09-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12149235 2022-09-01 2023-11-30 12149235 2021-09-01 2022-08-31 12149235 2023-11-30 12149235 2022-08-31 12149235 c:Director1 2022-09-01 2023-11-30 12149235 d:OfficeEquipment 2022-09-01 2023-11-30 12149235 d:OfficeEquipment 2023-11-30 12149235 d:OfficeEquipment 2022-08-31 12149235 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-11-30 12149235 d:CurrentFinancialInstruments 2023-11-30 12149235 d:CurrentFinancialInstruments 2022-08-31 12149235 d:Non-currentFinancialInstruments 2023-11-30 12149235 d:Non-currentFinancialInstruments 2022-08-31 12149235 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 12149235 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 12149235 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 12149235 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 12149235 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-11-30 12149235 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-08-31 12149235 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-11-30 12149235 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-08-31 12149235 d:ShareCapital 2023-11-30 12149235 d:ShareCapital 2022-08-31 12149235 d:RetainedEarningsAccumulatedLosses 2023-11-30 12149235 d:RetainedEarningsAccumulatedLosses 2022-08-31 12149235 c:FRS102 2022-09-01 2023-11-30 12149235 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-11-30 12149235 c:FullAccounts 2022-09-01 2023-11-30 12149235 c:PrivateLimitedCompanyLtd 2022-09-01 2023-11-30 12149235 6 2022-09-01 2023-11-30 12149235 e:PoundSterling 2022-09-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 12149235










CASTLE ENTERTAINMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023



 
CASTLE ENTERTAINMENT LIMITED
REGISTERED NUMBER: 12149235

BALANCE SHEET
AS AT 30 NOVEMBER 2023

30 November
31 August
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,574
2,351

Investments
  
1
-

  
2,575
2,351

Current assets
  

Work in progress
  
-
20,306

Debtors: amounts falling due within one year
 6 
97,875
1,309

Cash at bank and in hand
 7 
12,132
23,298

  
110,007
44,913

Creditors: amounts falling due within one year
 8 
(119,929)
(14,999)

Net current (liabilities)/assets
  
 
 
(9,922)
 
 
29,914

Total assets less current liabilities
  
(7,347)
32,265

Creditors: amounts falling due after more than one year
 9 
(19,688)
(32,188)

  

Net (liabilities)/assets
  
(27,035)
77


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(27,135)
(23)

  
(27,035)
77

Page 1

 
CASTLE ENTERTAINMENT LIMITED
REGISTERED NUMBER: 12149235
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 August 2024.






T R Shand
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
CASTLE ENTERTAINMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

The company which was incorporated and registered in England and Wales (registered number 12149235) is a privately owned company limited by shares. The registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

As shown in the financial statements, the company has total liabilities exceeding total assets by  £27,035. The company meets its day to day working capital requirements through the support of available funds, medium term loans and shareholder investment. The directors have confirmed that their support will continue for the foreseeable future. For this reason, the company has decided to prepare the accounts using the going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Page 3

 
CASTLE ENTERTAINMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
CASTLE ENTERTAINMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

  
2.10

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
2.11

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.12

Current and deferred taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
CASTLE ENTERTAINMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 September 2022
3,513


Additions
1,565



At 30 November 2023

5,078



Depreciation


At 1 September 2022
1,162


Charge for the period on owned assets
1,342



At 30 November 2023

2,504



Net book value



At 30 November 2023
2,574



At 31 August 2022
2,351


5.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


Additions
1



At 30 November 2023
1




Page 6

 
CASTLE ENTERTAINMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

6.


Debtors

30 November
31 August
2023
2022
£
£


Trade debtors
55,762
-

Other debtors
42,113
838

Prepayments and accrued income
-
471

97,875
1,309



7.


Cash and cash equivalents

30 November
31 August
2023
2022
£
£

Cash at bank and in hand
12,132
23,298

12,132
23,298



8.


Creditors: Amounts falling due within one year

30 November
31 August
2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
44,929
1,909

Other creditors
60,000
90

Accruals and deferred income
5,000
3,000

119,929
14,999


Page 7

 
CASTLE ENTERTAINMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

9.


Creditors: Amounts falling due after more than one year

30 November
31 August
2023
2022
£
£

Bank loans
19,688
32,188

19,688
32,188



10.


Loans


Analysis of the maturity of loans is given below:


30 November
31 August
2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
9,688
22,188


9,688
22,188


29,688
42,188


 
Page 8