REGISTERED NUMBER: 03335603 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

APPLEBY CASTLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S J Nightingale

SECRETARY:

Mrs S J Nightingale

REGISTERED OFFICE:

2 Jordan Street

Knott Mill

Manchester

M15 4PY

REGISTERED NUMBER:

03335603 (England and Wales)

ACCOUNTANTS:

Christian Douglass Accountants Limited

Chartered Accountants

2 Jordan Street

Knott Mill

Manchester

M15 4PY

FIXED ASSETS

Tangible assets

4

758,691

817,128

Investments

5

76

76

758,767

817,204

CURRENT ASSETS

Stocks

758

1,877

Debtors

6

315,000

315,000

Prepayments and accrued income

265

1,846

Cash at bank

185

3,448

316,208

322,171

CREDITORS

Amounts falling due within one year

7

1,889,514

1,908,572

NET CURRENT LIABILITIES

(1,573,306

)

(1,586,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(814,539

)

(769,197

)

CREDITORS

Amounts falling due after more than one year

8

4,536,460

4,464,240

NET LIABILITIES

(5,350,999

)

(5,233,437

)

CAPITAL AND RESERVES

Called up share capital

250,000

250,000

Retained earnings

(5,600,999

)

(5,483,437

)

SHAREHOLDERS' FUNDS

(5,350,999

)

(5,233,437

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mrs S J Nightingale - Director

1.	STATUTORY INFORMATION

Appleby Castle Limited is a private company, limited by shares, registered in England and Wales. The Company's registered number is 03335603 and its registered office address is at 2 Jordan Street, Knott Mill, Manchester, M15 4PY.

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.

At the balance sheet date, the company had net liabilities of £5,350,999 (2023: £5,233,437). The company meets its day to day working capital requirements through monies introduced by the director of the company and parties associated with the director. The director has indicated their intention not to withdraw these funds from the company and indicated their willingness to introduce additional funds into the company to meet any future shortfall that may arise. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the funds introduced by the director.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

4% on cost

Plant and machinery etc

-

10% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 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 11 (2023 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2023

1,119,675

1,184,711

2,304,386

Additions

-

20,474

20,474

At 31 July 2024

1,119,675

1,205,185

2,324,860

DEPRECIATION

At 1 August 2023

623,313

863,945

1,487,258

Charge for year

44,787

34,124

78,911

At 31 July 2024

668,100

898,069

1,566,169

NET BOOK VALUE

At 31 July 2024

451,575

307,116

758,691

At 31 July 2023

496,362

320,766

817,128

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2023

and 31 July 2024

76

NET BOOK VALUE

At 31 July 2024

76

At 31 July 2023

76

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Other debtors

315,000

315,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Trade creditors

28,743

37,492

Amounts owed to group undertakings

1,767,862

1,811,605

Amounts owed to associates

45,745

38,700

Taxation and social security

42,384

19,341

Other creditors

4,780

1,434

1,889,514

1,908,572

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.24

31.7.23

£

£

Other creditors

4,536,460

4,464,240

9.	RELATED PARTY DISCLOSURES