IRIS Accounts Production v25.1.4.42 15151195 Board of Directors 20.9.23 31.1.25 31.1.25 17.6.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh151511952023-09-19151511952025-01-31151511952023-09-202025-01-31151511952023-09-1915151195ns15:EnglandWales2023-09-202025-01-3115151195ns14:PoundSterling2023-09-202025-01-3115151195ns10:Director12023-09-202025-01-3115151195ns10:PrivateLimitedCompanyLtd2023-09-202025-01-3115151195ns10:SmallEntities2023-09-202025-01-3115151195ns10:Audited2023-09-202025-01-3115151195ns10:SmallCompaniesRegimeForDirectorsReport2023-09-202025-01-3115151195ns10:SmallCompaniesRegimeForAccounts2023-09-202025-01-3115151195ns10:AbridgedAccounts2023-09-202025-01-3115151195ns10:Director22023-09-202025-01-3115151195ns10:RegisteredOffice2023-09-202025-01-3115151195ns5:CurrentFinancialInstruments2025-01-3115151195ns5:ShareCapital2025-01-3115151195ns5:RetainedEarningsAccumulatedLosses2025-01-311515119512023-09-202025-01-311515119512023-09-202025-01-31
REGISTERED NUMBER: 15151195 (England and Wales)












CASTLE LOCH LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

20 SEPTEMBER 2023 TO 31 JANUARY 2025






CASTLE LOCH LTD (REGISTERED NUMBER: 15151195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 20 SEPTEMBER 2023 TO 31 JANUARY 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


CASTLE LOCH LTD

COMPANY INFORMATION
FOR THE PERIOD 20 SEPTEMBER 2023 TO 31 JANUARY 2025







DIRECTORS: J C Morphet
D Alston





REGISTERED OFFICE: South Lakeland House Main A6
Yealand Redmayne
Carnforth
Lancashire
LA5 9RN





REGISTERED NUMBER: 15151195 (England and Wales)





AUDITORS: Rushtons
Chartered Accountants
Statutory Auditors
Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB

CASTLE LOCH LTD (REGISTERED NUMBER: 15151195)

ABRIDGED BALANCE SHEET
31 JANUARY 2025

£   
CURRENT ASSETS
Debtors 10,478,769
Cash at bank 61,026,338
71,505,107
CREDITORS
Amounts falling due within one year 71,288,443
NET CURRENT ASSETS 216,664
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,664

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 216,564
216,664

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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 June 2025 and were signed on its behalf by:





D Alston - Director


CASTLE LOCH LTD (REGISTERED NUMBER: 15151195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 20 SEPTEMBER 2023 TO 31 JANUARY 2025

1. STATUTORY INFORMATION

Castle Loch 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The company was incorporated on 20 September 2023, at that point the company was called Castle Loch (Country Park) Ltd. The company changed its name on 9 October 2024.

Turnover
As the company is a corporate lender of monies to third parties, turnover comprises loan arrangement fees, receivable on the performance of duties carried out by Castle Loch, being that they have loaned the monies.

Other income largely comprises interest receivable from monies held on deposit.

Taxation
Taxation for the period 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 period 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.

CASTLE LOCH LTD (REGISTERED NUMBER: 15151195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20 SEPTEMBER 2023 TO 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on a going concern basis. The company is part of a large profitable group, which will continue to give support and does not intend to place the company under any undue pressure to repay any intercompany loans.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Calvert ACA (Senior Statutory Auditor)
for and on behalf of Rushtons

5. RELATED PARTY DISCLOSURES

At the period end, there was an amount owing to Bowland Properties Limited, a company owned by one of the directors, amounting to £13,750.

6. POST BALANCE SHEET EVENTS

After the balance sheet date, £61m of the intercompany loan with Pure Leisure Group Limited has been capitalised as share capital. £30m of this share capital has then been cancelled to create distributable reserves.

CASTLE LOCH LTD (REGISTERED NUMBER: 15151195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20 SEPTEMBER 2023 TO 31 JANUARY 2025

7. ULTIMATE CONTROLLING PARTY

The directors consider the ultimate parent undertaking to be Pure Leisure Group Limited, a company incorporated in the United Kingdom. The registered office address for the parent company is:

South Lakeland House
Main A6
Yealand Redmayne
Carnforth
Lancashire
LA5 9RN.

The ultimate controlling party is John Morphet by way of his controlling interest in the ultimate parent undertaking Pure Leisure Group Limited.

The smallest and largest group in which the results of the company are consolidated is that headed by Pure Leisure Group Limited. The consolidated accounts of this group are available to the public and may be obtained from:

The Registrar of Companies
Companies House
Crown Way
Cardiff
CF14 3UZ.