IRIS Accounts Production v24.3.2.46 12017426 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120174262023-05-31120174262024-05-31120174262023-06-012024-05-31120174262022-05-31120174262022-06-012023-05-31120174262023-05-3112017426ns15:EnglandWales2023-06-012024-05-3112017426ns14:PoundSterling2023-06-012024-05-3112017426ns10:Director12023-06-012024-05-3112017426ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3112017426ns10:SmallEntities2023-06-012024-05-3112017426ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3112017426ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3112017426ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3112017426ns10:FullAccounts2023-06-012024-05-3112017426ns10:RegisteredOffice2023-06-012024-05-3112017426ns5:CurrentFinancialInstruments2024-05-3112017426ns5:CurrentFinancialInstruments2023-05-3112017426ns5:ShareCapital2024-05-3112017426ns5:ShareCapital2023-05-3112017426ns5:RetainedEarningsAccumulatedLosses2024-05-3112017426ns5:RetainedEarningsAccumulatedLosses2023-05-3112017426ns5:PlantMachinery2023-06-012024-05-3112017426ns5:PlantMachinery2023-05-3112017426ns5:PlantMachinery2024-05-3112017426ns5:PlantMachinery2023-05-3112017426ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3112017426ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31



























CASTELLANOS ENTERPRISES LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024






CASTELLANOS ENTERPRISES LTD (REGISTERED NUMBER: 12017426)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CASTELLANOS ENTERPRISES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTOR: W A Porras Castellanos





REGISTERED OFFICE: 2 Villiers Court
40 Upper Mulgrave Road
Cheam
Surrey
SM2 7AJ





REGISTERED NUMBER: 12017426 (England and Wales)





ACCOUNTANTS: Halsey & Co (Accountants) Ltd.
Chartered Certified Accountants
Registered Auditors
2 Villiers Court
40 Upper Mulgrave Road
Cheam
Surrey
SM2 7AJ

CASTELLANOS ENTERPRISES LTD (REGISTERED NUMBER: 12017426)

BALANCE SHEET
31ST MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,387 4,516

CURRENT ASSETS
Stocks 500 2,000
Debtors 6 23,245 26,345
Cash at bank 784 1,893
24,529 30,238
CREDITORS
Amounts falling due within one year 7 48,689 22,635
NET CURRENT (LIABILITIES)/ASSETS (24,160 ) 7,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,773

)

12,119

PROVISIONS FOR LIABILITIES 847 894
NET (LIABILITIES)/ASSETS (21,620 ) 11,225

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (21,720 ) 11,125
SHAREHOLDERS' FUNDS (21,620 ) 11,225

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CASTELLANOS ENTERPRISES LTD (REGISTERED NUMBER: 12017426)

BALANCE SHEET - continued
31ST MAY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th February 2025 and were signed by:





W A Porras Castellanos - Director


CASTELLANOS ENTERPRISES LTD (REGISTERED NUMBER: 12017426)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. STATUTORY INFORMATION

Castellanos Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CASTELLANOS ENTERPRISES LTD (REGISTERED NUMBER: 12017426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st June 2023
and 31st May 2024 6,839
DEPRECIATION
At 1st June 2023 2,323
Charge for year 1,129
At 31st May 2024 3,452
NET BOOK VALUE
At 31st May 2024 3,387
At 31st May 2023 4,516

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed by associates 21,152 23,968
Other debtors 2,000 2,000
VAT - 377
Prepayments 93 -
23,245 26,345

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other loans 2,670 -
Trade creditors 1,600 567
Tax 8,732 8,545
Social security and other taxes 19,317 9,842
VAT 14,217 -
Other creditors 150 150
Wages payable - 401
Pensions payable 125 165
Directors' current accounts 911 2,004
Accrued expenses 967 961
48,689 22,635

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £19,391 (2023 - £19,391) by Jalisco Limited, a company under the common control of the director. The amount is interest free and repayable on demand.

At the balance sheet date, the company was owed £1,761 (2023 - £4,577) by Lovegrub Enterprises Ltd, a company under the common control of the director. The amount is interest free and repayable on demand.