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REGISTERED NUMBER: 08533508 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st May 2024

for

Castleplus Properties Limited

Castleplus Properties Limited (Registered number: 08533508)






Contents of the Financial Statements
for the Year Ended 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Castleplus Properties Limited

Company Information
for the Year Ended 31st May 2024







DIRECTORS: R A Bloom
K S Bruzas
J I Simmons





REGISTERED OFFICE: 34-35 Clarges Street
Mayfair
London
W1J 7EJ





REGISTERED NUMBER: 08533508 (England and Wales)





ACCOUNTANTS: Sampson Fielding Ltd
34 - 35 Clarges Street
Mayfair
London
W1J 7EJ

Castleplus Properties Limited (Registered number: 08533508)

Balance Sheet
31st May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 225,002 225,002

CURRENT ASSETS
Debtors 5 153,364 155,127

CREDITORS
Amounts falling due within one year 6 - 1,763
NET CURRENT ASSETS 153,364 153,364
TOTAL ASSETS LESS CURRENT LIABILITIES 378,366 378,366

CREDITORS
Amounts falling due after more than one year 7 (337,508 ) (337,508 )

ACCRUALS AND DEFERRED INCOME (2,040 ) (2,040 )
NET ASSETS 38,818 38,818

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 36,818 36,818
38,818 38,818

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 27th February 2025 and were signed on its behalf by:





R A Bloom - Director


Castleplus Properties Limited (Registered number: 08533508)

Notes to the Financial Statements
for the Year Ended 31st May 2024

1. STATUTORY INFORMATION

Castleplus Properties Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Preparation of consolidated financial statements
The financial statements contain information about Castleplus Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price unless the arrangement constitutes a financing transaction where the debt instrument is measured at present value of the future payment discounted at a market rate of interest for a similar debt instrument. A financing transaction is one in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

At the end of each reporting period, financial instruments are measured at amortised cost using the effective interest method.

Financial instruments are assessed at the end of each reporting period for objective evidence of impairment. An impairment loss is recognised in the profit and loss immediately there is objective evidence of impairment.

In subsequent periods, where there is a decrease in the impairment loss, arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is recognised in profit and loss.

A financial asset is derecognised when
- the contractual rights to the cash flows from the financial assets expire
- the company transfers the risks and rewards of ownership of the financial asset
- the company transfer control of the asset to another party and the other party can see the asset to an
unrelated third party

A financial liability is derecognised when the obligation specified in the contract is discharged, cancelled or expires.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Castleplus Properties Limited (Registered number: 08533508)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st June 2023
and 31st May 2024 225,002
NET BOOK VALUE
At 31st May 2024 225,002
At 31st May 2023 225,002

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Amounts owed by group undertakings 153,364 155,127

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Other creditors - 1,763

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/5/24 31/5/23
£    £   
Other creditors 337,508 337,508

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £153,364 (2023 - £155,127) by its subsidiaries. The loans are unsecured, do not bear interest and are repayable on demand.