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REGISTERED NUMBER: 13078966 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CASTLEGATE 789 LIMITED

CASTLEGATE 789 LIMITED (REGISTERED NUMBER: 13078966)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CASTLEGATE 789 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J Pavis
Mrs L M Pavis
J J Pavis
O C Pavis
Miss C J Pavis





REGISTERED OFFICE: 29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA





REGISTERED NUMBER: 13078966 (England and Wales)





ACCOUNTANTS: Lemans
29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA

CASTLEGATE 789 LIMITED (REGISTERED NUMBER: 13078966)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,572 1,361
Investment property 5 7,102,145 7,102,145
7,103,717 7,103,506

CURRENT ASSETS
Debtors 6 4,032 5,600
Cash at bank 160,444 192,318
164,476 197,918
CREDITORS
Amounts falling due within one year 7 147,832 193,293
NET CURRENT ASSETS 16,644 4,625
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,120,361

7,108,131

CAPITAL AND RESERVES
Called up share capital 8 41,250 41,250
Share premium 9 6,233,691 6,233,691
Retained earnings 9 845,420 833,190
SHAREHOLDERS' FUNDS 7,120,361 7,108,131

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

CASTLEGATE 789 LIMITED (REGISTERED NUMBER: 13078966)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





J Pavis - Director


CASTLEGATE 789 LIMITED (REGISTERED NUMBER: 13078966)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Castlegate 789 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.

Turnover
Turnover represents rents receivable, excluding vat.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

CASTLEGATE 789 LIMITED (REGISTERED NUMBER: 13078966)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024 2,042
Additions 1,337
At 31 December 2024 3,379
DEPRECIATION
At 1 January 2024 681
Charge for year 1,126
At 31 December 2024 1,807
NET BOOK VALUE
At 31 December 2024 1,572
At 31 December 2023 1,361

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 7,102,145
NET BOOK VALUE
At 31 December 2024 7,102,145
At 31 December 2023 7,102,145

The directors consider the property value shown above to be representative of their fair value at 31 December 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Prepayments 4,032 5,600

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Corporation tax 2,837 56,820
Social security and other taxes 30,399 22,610
Other creditors 1,800 33,800
Accruals and deferred income 112,796 80,063
147,832 193,293

CASTLEGATE 789 LIMITED (REGISTERED NUMBER: 13078966)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
41,250 Ordinary 1 41,250 41,250

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 January 2024 833,190 6,233,691 7,066,881
Profit for the year 12,230 12,230
At 31 December 2024 845,420 6,233,691 7,079,111