LINSTOCK CASTLE ESTATES LIMITED


Directors	WANNOP, Alistair George
	WANNOP, Julie Christine


Registered Address	Linstock Castle
	Linstock
	Carlisle
	CA6 4PZ


Registered Number	15694546 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024
		£	£
Fixed assets
Investments	3		106
			106
Current assets
Debtors		2,500,168
		2,500,168
Creditors amounts falling due within one year	4	(2,500,266)
Net current assets (liabilities)			(98)
Total assets less current liabilities			8
Net assets			8
Capital and reserves
Called up share capital			8
Shareholders' funds			8

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2025, and are signed on its behalf by:

WANNOP, Alistair George
Director
Registered Company No. 15694546

LINSTOCK CASTLE ESTATES LIMITED

Notes to the Financial Statements
for the period ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

2.	Average number of employees


		2024
	Average number of employees during the year	2

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	106	106
At 31 December 24	106	106
Net book value
At 31 December 24	106	106

	Notes
	¹Investments in group undertakings and participating interests

4.	Creditors: amounts due within one year

		2024
		£
	Amounts owed to related parties	2,149,982
	Other creditors	350,284
	Total	2,500,266

5.	Related party transactions
	During the year the directors had a joint loan account with the company. At 30 April 2024 the balance owed to the directors was £Nil. During the year the directors made repayments of £350,284 and received advances of £Nil. At 31 December 2024 the balance owing to the directors was £350,284. Linstock Castle Estates Limited owns 100% of the ordinary share capital of Eden Golf Centre Limited, Linstock Castle AD Limited and Eden Lodge Retreat Limited. The registered office of these companies is Linstock Castle, Linstock, Carlisle, Cumbria, CA6 4PZ

Related party transactions

During the year the directors had a joint loan account with the company. At 30 April 2024 the balance owed to the directors was £Nil. During the year the directors made repayments of £350,284 and received advances of £Nil. At 31 December 2024 the balance owing to the directors was £350,284.

Linstock Castle Estates Limited owns 100% of the ordinary share capital of Eden Golf Centre Limited, Linstock Castle AD Limited and Eden Lodge Retreat Limited. The registered office of these companies is Linstock Castle, Linstock, Carlisle, Cumbria, CA6 4PZ

6.	Parent-subsidiary relationships
	The company, and the group headed by it, qualify as a small group and as such the parent and the group are exempt from producing group accounts.