Company No: 10531331 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Director

Kamaljit Singh

Registered office	Innovation House C/O Kreston Reeves Llp
	Ramsgate Road
	Sandwich
	CT13 9FF
	United Kingdom

Company number

10531331 (England and Wales)

Accountant	Kreston Reeves LLP
	37 St Margarets Street
	Canterbury
	Kent
	CT1 2TU

	Note	2024		2023
		£		£
Fixed assets
Investments	3	50		50
		50		50
Current assets
Debtors	4	19,093		149,649
Cash at bank and in hand		492,066		361,510
		511,159		511,159
Creditors: amounts falling due within one year	5	( 206,632)		( 371,094)
Net current assets		304,527		140,065
Total assets less current liabilities		304,577		140,115
Net assets		304,577		140,115
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		304,477		140,015
Total shareholder's funds		304,577		140,115

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Castrum SPV1 Ltd (registered number: 10531331) were approved and authorised for issue by the Director on 30 September 2025. They were signed on its behalf by:

Kamaljit Singh Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Castrum SPV1 Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Innovation House C/O Kreston Reeves Llp, Ramsgate Road, Sandwich, CT13 9FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Investment property

Investments in subsidiaries are measured at cost less accumulated impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 January 2024	50
At 31 December 2024	50
Carrying value at 31 December 2024	50
Carrying value at 31 December 2023	50

4. Debtors

	2024		2023
	£		£
Other debtors	19,093		149,649

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	0		166,162
Amounts owed to connected companies	203,312		203,312
Accruals	3,320		1,620
	206,632		371,094

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.

8. Ultimate controlling party

By virtue of 100% shareholding, Mr Kamaljit Singh is the ultimate controlling party.