Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 4 | - | |||||
Current assets | |||||||
Stocks and work-in-progress | |||||||
Debtors | 5 | - | |||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 6 | ( |
( |
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Net current liabilities | ( |
( |
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Net liabilities | ( |
( |
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Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | ( |
( |
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Shareholder's funds | ( |
( |
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M O Edmonds | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Tangible fixed assets | ||||||||
Motor vehicles | 25% on reducing balance | |||||||
Computer equipment | 33% on cost | |||||||
Stocks and work-in-rogress | ||||||||
2 | Financial instruments | |||||||
The company enters into basic financial instruments that give rise to financial assets and financial liabilities including trade and other debtors, trade and other creditors, bank and other borrowings and investments in non puttable equity instruments. Debt instruments which are not payable or receivable within one year are initially accounted for at the transaction price and are subsequently accounted for at amortised cost using the effective interest method. Debt instruments payable and receivable within one year are measured at their undiscounted cash amounts. Where the debt instruments are treated as a financing transaction, then the financial asset or liability is measured at the present value of future cash flows based on a market rate of interest. Equity instruments are accounted for at transaction price unless they can be accounted for at fair value based on a readily available transaction price. Alternatively, equity instruments are subsequently accounted for at cost less impairment where no fair value can be reasonably obtained. |
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Taxation | ||||||||
Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
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Deferred tax | ||||||||
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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3 | Employees and directors | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of directors and employees | ||||||||
4 | Tangible fixed assets | |||||||
Plant and machinery etc | Motor vehicles | Total | ||||||
£ | £ | £ | ||||||
Cost | ||||||||
At 1 July 2023 | ||||||||
Disposals | - | ( |
( |
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At 30 June 2024 | ||||||||
Depreciation | ||||||||
At 1 July 2023 | ||||||||
At 30 June 2024 | ||||||||
Net book value | ||||||||
At 30 June 2024 | - | - | - | |||||
At 30 June 2023 | - | |||||||
5 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Trade debtors | - | |||||||
Other debtors | - | |||||||
- | ||||||||
6 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Bank loans and overdrafts | - | |||||||
Taxation and social security costs | - | |||||||
Other creditors | ||||||||
7 | Other information | |||||||
Castle Investments (Sussex) Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
Flat 2, Bentley | ||||||||
8 Egham Hill | ||||||||
Egham | ||||||||
TW20 0BD |