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REGISTERED NUMBER: 11815766 (England and Wales)








































Berwick Castle Ltd

Unaudited Financial Statements

for the Year Ended 28th February 2025






Berwick Castle Ltd (Registered number: 11815766)






Contents of the Financial Statements
for the year ended 28th February 2025




Page

Company information 1

Balance sheet 2 to 3

Notes to the financial statements 4 to 6


Berwick Castle Ltd

Company Information
for the year ended 28th February 2025







Director: Dr C T G Petit





Registered office: Halidon House
17D Windmill Way West
Ramparts Business Park
Berwick Upon Tweed
Northumberland
TD15 1TB





Business address: 22 Alva Street
Edinburgh
EH2 4PY





Registered number: 11815766 (England and Wales)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

Berwick Castle Ltd (Registered number: 11815766)

Balance Sheet
28th February 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 4 14,441 15,491
Investment property 5 635,756 635,756
650,197 651,247

Current assets
Debtors 6 - 1,714
Cash at bank 18,987 16,314
18,987 18,028
Creditors
Amounts falling due within one year 7 484,405 525,636
Net current liabilities (465,418 ) (507,608 )
Total assets less current liabilities 184,779 143,639

Provisions for liabilities 19,893 19,893
Net assets 164,886 123,746

Capital and reserves
Called up share capital 100 100
Revaluation reserve 84,807 84,807
Retained earnings 79,979 38,839
164,886 123,746

Berwick Castle Ltd (Registered number: 11815766)

Balance Sheet - continued
28th February 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st April 2025 and were signed by:





Dr C T G Petit - Director


Berwick Castle Ltd (Registered number: 11815766)

Notes to the Financial Statements
for the year ended 28th February 2025

1. Statutory information

Berwick Castle 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. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Long leasehold - 5% on cost
Office equipment - 25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The following assets and liabilities are classified as financial instruments - directors loan accounts, accruals and other loans.

Directors loans, accruals and other loans are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income and retained earnings, 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.

Berwick Castle Ltd (Registered number: 11815766)

Notes to the Financial Statements - continued
for the year ended 28th February 2025

2. Accounting policies - continued

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern
The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements.

3. Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4. Tangible fixed assets
Long Plant and Office
leasehold machinery equipment Totals
£    £    £    £   
Cost
At 1st March 2024
and 28th February 2025 17,130 - 769 17,899
Depreciation
At 1st March 2024 2,216 - 192 2,408
Charge for year 858 192 - 1,050
At 28th February 2025 3,074 192 192 3,458
Net book value
At 28th February 2025 14,056 (192 ) 577 14,441
At 29th February 2024 14,914 - 577 15,491

5. Investment property
Total
£   
Fair value
At 1st March 2024
and 28th February 2025 635,756
Net book value
At 28th February 2025 635,756
At 29th February 2024 635,756

6. Debtors: amounts falling due within one year
2025 2024
£    £   
Other debtors - 1,714

Berwick Castle Ltd (Registered number: 11815766)

Notes to the Financial Statements - continued
for the year ended 28th February 2025

7. Creditors: amounts falling due within one year
2025 2024
£    £   
Taxation and social security 12,661 12,772
Other creditors 471,744 512,864
484,405 525,636