Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31false2023-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03293150 2023-04-01 2024-03-31 03293150 2022-04-01 2023-03-31 03293150 2024-03-31 03293150 2023-03-31 03293150 c:Director1 2023-04-01 2024-03-31 03293150 d:CurrentFinancialInstruments 2024-03-31 03293150 d:CurrentFinancialInstruments 2023-03-31 03293150 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03293150 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03293150 d:ShareCapital 2024-03-31 03293150 d:ShareCapital 2023-03-31 03293150 d:RetainedEarningsAccumulatedLosses 2024-03-31 03293150 d:RetainedEarningsAccumulatedLosses 2023-03-31 03293150 c:FRS102 2023-04-01 2024-03-31 03293150 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03293150 c:FullAccounts 2023-04-01 2024-03-31 03293150 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03293150 2 2023-04-01 2024-03-31 03293150 6 2023-04-01 2024-03-31 03293150 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03293150









CASTLEDENE INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CASTLEDENE INVESTMENTS LIMITED
REGISTERED NUMBER: 03293150

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,177,185
1,305,355

  
1,177,185
1,305,355

Current assets
  

Debtors: amounts falling due within one year
 5 
4,977,468
4,866,848

Current asset investments
 6 
553,580
547,394

Cash at bank and in hand
 7 
225,043
252,765

  
5,756,091
5,667,007

Creditors: amounts falling due within one year
 8 
(3,855,994)
(4,156,365)

Net current assets
  
 
 
1,900,097
 
 
1,510,642

Total assets less current liabilities
  
3,077,282
2,815,997

  

Net assets
  
3,077,282
2,815,997


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
3,077,280
2,815,995

  
3,077,282
2,815,997


Page 1

 
CASTLEDENE INVESTMENTS LIMITED
REGISTERED NUMBER: 03293150
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 June 2025.




P L Balcombe
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CASTLEDENE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Castledene Investments Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 03293150. The address of the registered office is 19 Coombehurst Close, Hadley Wood, Hertfordshire. EN4 0JU. The nature of the company's operations and principal activities are that of trading in shares, loans, joint ventures and other investments. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue compromises of amounts receivable from dealings in shares, other investments including joint ventures and is recognised when due. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
CASTLEDENE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
CASTLEDENE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary companies
Investments in associates
Unlisted investments
Total

£
£
£
£



Cost or valuation


At 1 April 2023
10,931
2
1,294,422
1,305,355


Additions
-
-
30,115
30,115


Disposals
-
-
(158,285)
(158,285)



At 31 March 2024
10,931
2
1,166,252
1,177,185





5.


Debtors

2024
2023
£
£


Trade debtors
-
650

Amounts owed by group undertakings
7,177
135,297

Amounts owed by joint ventures and associated undertakings
53,944
53,944

Other debtors
4,913,963
4,676,957

Prepayments and accrued income
2,384
-

4,977,468
4,866,848


Page 5

 
CASTLEDENE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Current asset investments

2024
2023
£
£

Listed investments
553,580
547,394

553,580
547,394


2024
2023
£
£


Opening fair value
547,394
458,621

Purchases
214,629
328,390

Sales
(203,450)
(201,579)

Losses on remeasurement to fair value
(4,993)
(38,038)

Market value
553,580
547,394





7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
225,043
252,765

225,043
252,765



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
25,723

Corporation tax
-
65,938

Other creditors
3,842,994
4,050,364

Accruals and deferred income
13,000
14,340

3,855,994
4,156,365


Page 6

 
CASTLEDENE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Related party transactions

At the year end the following amounts were due from/(to) the following related parties:


2024
2023
£
£

Entities over which the entity has control, joint control or significant influence
(2,771,866)
(2,591,737)
Key management personnel of the entity or its parent (in the aggregate)
(1,049,387)
(1,381,252)
(3,821,253)
(3,972,989)


10.


Controlling party

The ultimate controlling party is P Balcombe by virtue of his majority shareholding. 

Page 7