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Company Registration No. 10346602 (England and Wales)
Castellina Investments Limited Unaudited accounts for the year ended 31 March 2024
Castellina Investments Limited Unaudited accounts Contents
Page
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Castellina Investments Limited Company Information for the year ended 31 March 2024
Director
Kristina Castellina
Company Number
10346602 (England and Wales)
Registered Office
6 Gallant Close Liverpool L25 8AA England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Castellina Investments Limited Accountants' report
Accountants' report to the director of Castellina Investments Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Castellina Investments Limited for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Castellina Investments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Castellina Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Castellina Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Castellina Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Castellina Investments Limited. You consider that Castellina Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Castellina Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 7 November 2024
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Castellina Investments Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,137 
Investment property
280,000 
280,000 
280,000 
282,137 
Current assets
Debtors
612,743 
652,737 
Cash at bank and in hand
1,485 
2,876 
614,228 
655,613 
Creditors: amounts falling due within one year
(591,959)
(632,459)
Net current assets
22,269 
23,154 
Total assets less current liabilities
302,269 
305,291 
Creditors: amounts falling due after more than one year
(179,560)
(181,536)
Net assets
122,709 
123,755 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
99,755 
99,755 
Profit and loss account
22,854 
23,900 
Shareholders' funds
122,709 
123,755 
For the year ending 31 March 2024 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 director acknowledges her 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 and authorised for issue on 2 December 2024 and were signed on its behalf by
Kristina Castellina Director Company Registration No. 10346602
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Castellina Investments Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Castellina Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10346602. The registered office is 6 Gallant Close, Liverpool, L25 8AA, England.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
12,413 
At 31 March 2024
12,413 
Depreciation
At 1 April 2023
10,276 
Charge for the year
2,137 
At 31 March 2024
12,413 
Net book value
At 31 March 2024
- 
At 31 March 2023
2,137 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
280,000 
At 31 March 2024
280,000 
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Castellina Investments Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
612,743 
652,737 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
502,388 
43,288 
Taxes and social security
- 
1,002 
Other creditors
- 
576,102 
Loans from directors
88,891 
11,017 
Accruals
680 
1,050 
591,959 
632,459 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
179,560 
181,536 
Aggregate of amounts that fall due for payment after five years
179,560 
181,536 
Mortgages totalling £179,560 (£181,536) are secured on the properties held by the company, and personal guarantees have been provided for these mortgages by the director.
9
Transactions with related parties
The company is owed £109,276 from a group company, Edey Holdings Limited. The company is also owed £503,467 rom a group company, Highcliffe Holiday Apartments Limited. The company owes £502,388 to a group company, A Moments Inspiration Limited. The above group loans are repayable on demand and no interest is charged.
10
Controlling party
Edey Holdings Limited, a company registered in England with company registration number of 11911083.
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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