REGISTERED NUMBER: 07161058 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

IMP CASTLE ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I Cameron-Mowat

Mrs R A L Cameron-Mowat

REGISTERED OFFICE:

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

REGISTERED NUMBER:

07161058 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

FIXED ASSETS

Tangible assets

4

663

1,398

Investments

5

10

10

673

1,408

CURRENT ASSETS

Debtors

6

50,843

209,463

Cash at bank

150,796

13,603

201,639

223,066

CREDITORS

Amounts falling due within one year

7

16,372

37,853

NET CURRENT ASSETS

185,267

185,213

TOTAL ASSETS LESS CURRENT LIABILITIES

185,940

186,621

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

185,840

186,521

SHAREHOLDERS' FUNDS

185,940

186,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mrs R A L Cameron-Mowat - Director

1.	STATUTORY INFORMATION

IMP Castle Associates Limited 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.

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.

Office equipment and fixtures

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

and

fixtures

£

COST

At 1 March 2024

and 28 February 2025

8,964

DEPRECIATION

At 1 March 2024

7,566

Charge for year

735

At 28 February 2025

8,301

NET BOOK VALUE

At 28 February 2025

663

At 29 February 2024

1,398

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2024

and 28 February 2025

10

NET BOOK VALUE

At 28 February 2025

10

At 29 February 2024

10

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,921

16,773

Amounts owed by participating interests

5,578

3,099

Other debtors

31,344

189,591

50,843

209,463

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

12,421

36,128

Other creditors

3,951

1,725

16,372

37,853

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

I Cameron-Mowat and Mrs R A L Cameron-Mowat

Balance outstanding at start of year

141,791

111,136

Amounts advanced

-

66,655

Amounts repaid

(141,791

)

(36,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

141,791

9.	RELATED PARTY DISCLOSURES

At 28 February 2025 other creditors include loans made to the company by its directors amounting to £96 (2024 £nil). The loans are interest free with no fixed date for repayment.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is I Cameron-Mowat and Mrs R A LCameron-Mowat (directors).