2024-04-01 2025-03-31 false Capium Accounts Production 1.1 11088669 2024-04-01 2025-03-31 11088669 bus:FullAccounts 2024-04-01 2025-03-31 11088669 bus:FRS102 2024-04-01 2025-03-31 11088669 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11088669 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11088669 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11088669 2024-04-01 2025-03-31 11088669 2025-03-31 11088669 bus:RegisteredOffice 2024-04-01 2025-03-31 11088669 core:WithinOneYear 2025-03-31 11088669 core:AfterOneYear 2025-03-31 11088669 1 2024-04-01 2025-03-31 11088669 bus:Director1 2024-04-01 2025-03-31 11088669 bus:Director1 2025-03-31 11088669 bus:Director1 2023-04-01 2024-03-31 11088669 bus:Director2 2024-04-01 2025-03-31 11088669 bus:Director2 2025-03-31 11088669 bus:Director2 2023-04-01 2024-03-31 11088669 2023-04-01 11088669 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 11088669 2023-04-01 2024-03-31 11088669 2024-03-31 11088669 core:WithinOneYear 2024-03-31 11088669 core:AfterOneYear 2024-03-31 11088669 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 11088669 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 11088669 bus:OrdinaryShareClass1 2025-03-31 11088669 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 11088669 bus:OrdinaryShareClass1 2024-03-31 11088669 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 11088669 bus:OrdinaryShareClass2 2025-03-31 11088669 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 11088669 bus:OrdinaryShareClass2 2024-03-31 11088669 core:InvestmentProperties 2024-04-01 2025-03-31 11088669 core:InvestmentProperties 2025-03-31 11088669 core:InvestmentProperties 2024-03-31 11088669 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 11088669 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 11088669 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 11088669 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 11088669 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 11088669 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 11088669 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 11088669 core:Non-currentFinancialInstruments 2025-03-31 11088669 core:Non-currentFinancialInstruments 2024-03-31 11088669 core:ShareCapital 2025-03-31 11088669 core:ShareCapital 2024-03-31 11088669 core:RevaluationReserve 2025-03-31 11088669 core:RevaluationReserve 2024-03-31 11088669 core:RetainedEarningsAccumulatedLosses 2025-03-31 11088669 core:RetainedEarningsAccumulatedLosses 2024-03-31 11088669 dpl:Item1 2024-04-01 11088669 dpl:Item1 2025-03-31 11088669 dpl:Item1 2023-04-01 11088669 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11088669
England and Wales

 

 

 

MY CASTLE PROPERTY LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Directors Sarah Jane Choy
George David Choy
Registered Number 11088669
Registered Office 27 Abbott Way
Tenterden
Kent
TN30 7BZ
Accountants aa Chartered Accountants
5 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 March 2025
Principal activities
Nature of business during the period was of other letting and operating of own or leased real estate.
Directors
The directors who served the company throughout the year were as follows:
Sarah Jane Choy
George David Choy
Statement of directors' responsibilities
The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:


----------------------------------
Sarah Jane Choy
Director

Date approved: 10 July 2025
2
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of My Castle Property Ltd for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of My Castle Property Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of My Castle Property Ltd, as a body, in accordance with the terms of our engagement letter dated 10 July 2025. Our work has been undertaken solely to prepare for your approval the accounts of My Castle Property Ltd and state those matters that we have agreed to state to the Board of Directors of My Castle Property Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than My Castle Property Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that My Castle Property Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of My Castle Property Ltd. You consider that My Castle Property Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of My Castle Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended
31 March 2025



....................................................
aa Chartered Accountants
5 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
10 July 2025
3
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 61,000    61,000 
61,000    61,000 
Current assets      
Debtors 4 47    418 
Cash at bank and in hand 449    330 
496    748 
Creditors: amount falling due within one year 5 (81,010)   (72,547)
Net current assets (80,514)   (71,799)
 
Total assets less current liabilities (19,514)   (10,799)
Provisions for liabilities 6 (3,169)   (3,169)
Net assets (22,683)   (13,968)
 

Capital and reserves
     
Called up share capital 7 100    100 
Reserves 8 16,677    16,677 
Profit and loss account (39,460)   (30,745)
Shareholders' funds (22,683)   (13,968)
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 10 July 2025 and were signed on its behalf by:


-------------------------------
Sarah Jane Choy
Director
4
General Information
My Castle Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11088669, registration address 27 Abbott Way, Tenterden, Kent, TN30 7BZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2024 : 2).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 April 2024 61,000    61,000 
Additions  
Disposals  
At 31 March 2025 61,000    61,000 
Depreciation
At 01 April 2024  
Charge for year  
On disposals  
At 31 March 2025  
Net book values
Closing balance as at 31 March 2025 61,000    61,000 
Opening balance as at 01 April 2024 61,000    61,000 


4.

Debtors: amounts falling due within one year

2025
£
  2024
£
Prepayments & Accrued Income 47    187 
PAYE & Social Security   231 
47    418 

5.

Creditors: amount falling due within one year

2025
£
  2024
£
Trade Creditors 65    30 
Directors' Current Accounts 80,945    72,517 
81,010    72,547 

6.

Provisions for liabilities

2025
£
  2024
£
Deferred Tax 3,169    3,169 
3,169    3,169 

7.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
50 Class A shares of £1.00 each 50    50 
50 Class B shares of £1.00 each 50    50 
100    100 

8.

Reserves

2025
£
  2024
£
Revaluation Reserve b/fwd 16,677    16,677 
16,677    16,677 

9.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2025
£
 2024
£
 2025
£
 2024
£
MY CASTLE PROPERTY TRAINING LLP15,809 
10.

Director’s loan

Director's Loan Account

As at 31 March 2024 the company owed the director £80,825 (2024:£72,517).
This is an interest free facility, repayable on demand.
11.

Investment Properties - Revaluations

Directors have conducted a market value valuation within the year. No increase this year on the property value has been recorded.
5