Castle Estates Utility Solutions LLP OC381607 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is insurance facilities and utility cost solutions. Digita Accounts Production Advanced 6.30.9574.0 OC381607 2023-04-01 2024-03-31 OC381607 2024-03-31 OC381607 core:OtherReservesSubtotal 2024-03-31 OC381607 core:CurrentFinancialInstruments 2024-03-31 OC381607 core:MotorVehicles 2024-03-31 OC381607 bus:SmallEntities 2023-04-01 2024-03-31 OC381607 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 OC381607 bus:FullAccounts 2023-04-01 2024-03-31 OC381607 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC381607 bus:PartnerLLP2 2023-04-01 2024-03-31 OC381607 bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC381607 core:MotorVehicles 2023-04-01 2024-03-31 OC381607 countries:AllCountries 2023-04-01 2024-03-31 OC381607 2023-03-31 OC381607 core:MotorVehicles 2023-03-31 OC381607 2022-04-01 2023-03-31 OC381607 2023-03-31 OC381607 core:OtherReservesSubtotal 2023-03-31 OC381607 core:CurrentFinancialInstruments 2023-03-31 OC381607 core:MotorVehicles 2023-03-31 iso4217:GBP xbrli:pure

Registration number: OC381607

Castle Estates Utility Solutions LLP

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Castle Estates Utility Solutions LLP

Contents

Financial Statements

1 to 4

Balance Sheet

1

Notes to the Financial Statements

3

 

Castle Estates Utility Solutions LLP

(Registration number: OC381607)
Balance Sheet as at 31 March 2024

Note

2024
 £

2023
 £

Fixed assets

 

Tangible assets

3

-

6,159

Current assets

 

Debtors

4

-

8,506

Cash and short-term deposits

 

-

9,982

 

-

18,488

Creditors: Amounts falling due within one year

5

-

(3,707)

Net current assets

 

-

14,781

Net assets attributable to members

 

-

20,940

Represented by:

 

Members’ other interests

 

Other reserves

 

-

20,940

   

-

20,940

Total members' interests

 

Equity

 

-

20,940

   

-

20,940

For the year ending 31 March 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime, as applied to limited liability partnerships, and the option not to file the Profit and Loss Account or Members report has been taken.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

 

Castle Estates Utility Solutions LLP

(Registration number: OC381607)
Balance Sheet as at 31 March 2024

The financial statements of Castle Estates Utility Solutions LLP (registered number OC381607) were approved by the Board and authorised for issue on 13 January 2025. They were signed on behalf of the limited liability partnership by:

.........................................
Mrs E Holdcroft
Designated member

 

Castle Estates Utility Solutions LLP

Notes to the Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England and Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Castle Estates Utility Solutions LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates.

Revenue recognition

Revenue recognises consideration received in respect of income payable relating to commissions for insurance, provision of utilities and property sales administration.

Tangible fixed assets

Individual fixed assets are recorded at cost on acquisition.

 

Castle Estates Utility Solutions LLP

Notes to the Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

2

Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 2 (2023 - 3).

3

Tangible fixed assets

Motor vehicles
 £

Total
£

Cost

At 1 April 2023

14,600

14,600

Disposals

(14,600)

(14,600)

At 31 March 2024

-

-

Depreciation

At 1 April 2023

8,441

8,441

Eliminated on disposals

(8,441)

(8,441)

At 31 March 2024

-

-

Net book value

At 31 March 2024

-

-

At 31 March 2023

6,159

6,159

4

Debtors

2024
£

2023
£

Trade debtors

-

418

Other debtors

-

7,987

Prepayments and accrued income

-

101

Total current trade and other debtors

-

8,506

5

Creditors: Amounts falling due within one year

2024
 £

2023
 £

Other borrowings

-

104

Accruals and deferred income

-

3,603

-

3,707