IRIS Accounts Production v25.1.3.33 04640891 director 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04640891 2024-01-31 04640891 2025-01-31 04640891 2024-02-01 2025-01-31 04640891 2023-01-31 04640891 2023-02-01 2024-01-31 04640891 2024-01-31 04640891 ns15:EnglandWales 2024-02-01 2025-01-31 04640891 ns14:PoundSterling 2024-02-01 2025-01-31 04640891 ns10:Director1 2024-02-01 2025-01-31 04640891 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 04640891 ns10:SmallEntities 2024-02-01 2025-01-31 04640891 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 04640891 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 04640891 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 04640891 ns10:FullAccounts 2024-02-01 2025-01-31 04640891 ns10:OrdinaryShareClass1 2024-02-01 2025-01-31 04640891 ns10:RegisteredOffice 2024-02-01 2025-01-31 04640891 ns5:CurrentFinancialInstruments 2025-01-31 04640891 ns5:CurrentFinancialInstruments 2024-01-31 04640891 ns5:Non-currentFinancialInstruments 2025-01-31 04640891 ns5:Non-currentFinancialInstruments 2024-01-31 04640891 ns5:ShareCapital 2025-01-31 04640891 ns5:ShareCapital 2024-01-31 04640891 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 04640891 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 04640891 ns5:PlantMachinery 2024-02-01 2025-01-31 04640891 ns5:LandBuildings 2024-01-31 04640891 ns5:PlantMachinery 2024-01-31 04640891 ns5:LandBuildings 2025-01-31 04640891 ns5:PlantMachinery 2025-01-31 04640891 ns5:LandBuildings 2024-01-31 04640891 ns5:PlantMachinery 2024-01-31 04640891 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 04640891 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 04640891 ns5:Secured 2025-01-31 04640891 ns5:Secured 2024-01-31 04640891 ns10:OrdinaryShareClass1 2025-01-31

REGISTERED NUMBER: 04640891 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| CASTLELINE LIMITED |

| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| CASTLELINE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTOR: | Mrs M Soni

| REGISTERED OFFICE: | Unit 11 Trade City Business Park

| Cowley Mill Road

| Uxbridge

| UB8 2DB

| REGISTERED NUMBER: | 04640891 (England and Wales)

| ACCOUNTANTS: | Sullivans Chartered Accountants

| 13-14 Gelliwastad Road

| Pontypridd

| Rhondda Cynon Taf

| CF37 2BW

| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |

STATEMENT OF FINANCIAL POSITION

31 JANUARY 2025

| 31/1/25 | 31/1/24 |

| Notes | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 405,674 |  | 405,674 |  |

CURRENT ASSETS

Debtors | 5 | 776,108 |  | 745,599 |  |

Cash at bank | 1,089,426 |  | 772,354 |  |

1,865,534 |  | 1,517,953 |  |

CREDITORS

Amounts falling due within one year | 6 | 662,135 |  | 625,857 |  |

NET CURRENT ASSETS | 1,203,399 |  | 892,096 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,609,073 |  | 1,297,770 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 23,172 |  | 65,861 |  |

NET ASSETS | 1,585,901 |  | 1,231,909 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | 1,585,801 |  | 1,231,809 |  |

SHAREHOLDERS' FUNDS | 1,585,901 |  | 1,231,909 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |

STATEMENT OF FINANCIAL POSITION - continued

31 JANUARY 2025

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 25 September 2025 and were signed by:

Mrs M Soni - Director

| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Castleline 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 represents the total amount receivable by the company for rental income from its residential tenants during the year. For the purpose of the rent-to-rent business model, turnover does not include the rent paid to the original property owners, as this is a cost of sales rather than income earned from the company's own activity.

| Tangible fixed assets

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

| Plant and machinery etc | - | 20% on cost

| Freehold property

| The directors acknowledge the need to assess appropriate depreciation policies based upon historical cost less residual value. The freehold property will be maintained to a high standard throughout the value in use period in order to meet industry regulations. The directors do not consider that the residual value of the freehold properties will reduce below the historical cost values.

| Accordingly, the freehold properties have not been depreciated.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2024 - 8 ) .

4. | PROPERTY, PLANT AND EQUIPMENT

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 February 2024

| and 31 January 2025 | 405,674 |  | 5,387 |  | 411,061 |  |

| DEPRECIATION

| At 1 February 2024

| and 31 January 2025 | - |  | 5,387 |  | 5,387 |  |

| NET BOOK VALUE

| At 31 January 2025 | 405,674 |  | - |  | 405,674 |  |

| At 31 January 2024 | 405,674 |  | - |  | 405,674 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/1/25 |  | 31/1/24

£ | £ |

| Trade debtors | 983 |  | 4,293 |  |

| Amounts owed by connected company | 523,114 |  | 477,080 |  |

| Amounts recoverable on contract | 249,897 |  | 180,945 |  |

| Other debtors | 2,114 |  | 83,281 |  |

776,108 |  | 745,599 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/1/25 |  | 31/1/24

£ | £ |

| Bank loans and overdrafts | 46,345 |  | 50,000 |  |

| Trade creditors | 72,647 |  | 19,576 |  |

| Taxation and social security | 146,171 |  | 92,715 |  |

| Other creditors | 396,972 |  | 463,566 |  |

662,135 |  | 625,857 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/1/25 |  | 31/1/24

£ | £ |

| Bank loans | 23,172 |  | 65,861 |  |

| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31/1/25 |  | 31/1/24

£ | £ |

| Bank loans | 69,517 |  | 115,861 |  |

| The bank loan is secured by a HSBC Bank fixed and floating charge over all the company's assets.

| The £250,000 Coronavirus Business Interruption Loan is materially secured by the government.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/1/25 |  | 31/1/24

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

10. | ULTIMATE CONTROLLING PARTY

| Shortly after the year end on 25 February 2025, Castleline Holdings Limited became the 100% controlling shareholder of the company.