Castle Motors Sandhurst Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05727164

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		369		259

			369		259
CURRENT ASSETS
Stocks	5	396,746		433,216
Debtors	6	1,498		984
Cash at bank and in hand		135,953		65,501

		534,197		499,701
Creditors: Amounts Falling Due Within One Year	7	(356,848 )		(306,995 )

NET CURRENT ASSETS (LIABILITIES)			177,349		192,706

TOTAL ASSETS LESS CURRENT LIABILITIES			177,718		192,965

Creditors: Amounts Falling Due After More Than One Year	8		(23,148 )		(29,337 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(2,245 )		-

NET ASSETS			152,325		163,628

CAPITAL AND RESERVES
Called up share capital	9		150,000		150,000
Profit and Loss Account			2,325		13,628

SHAREHOLDERS' FUNDS			152,325		163,628

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Castle Motors Sandhurst Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Keith Vandensteen

Director

30th October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Castle Motors Sandhurst Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05727164 . The registered office is 66 Albert Street, Fleet, Haqmpshire, GU51 3RN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

his provision is calculated based on historical warranty claims, sales volume, and factors affecting future claims, and it must be based on a best estimate.

2.3. Turnover

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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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 is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% straight line basis
Computer Equipment	33% straight line basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.6. Financial Instruments

The company accounts for its financial transactions in accordance with Section 11 and Section 12 of FRS 102.

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Short term debtors and creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Warranty provision

Provision is made for anticipated costs of fulfilling warranty obligations for products under warranty at the balance sheet date. A best estimate of the liability is calculated and included as a provision based on historical warranty costs and sales volume.

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Castle Motors Sandhurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,051	-	1,051
Additions	-	274	274

As at 31 March 2025	1,051	274	1,325

Depreciation
As at 1 April 2024	792	-	792
Provided during the period	118	46	164

As at 31 March 2025	910	46	956

Net Book Value
As at 31 March 2025	141	228	369

As at 1 April 2024	259	-	259

5. Stocks

	2025	2024
	£	£
Finished goods	396,746	433,216

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	97	-
Other debtors	1,401	984

	1,498	984

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	16,402	14,769
Bank loans and overdrafts	5,556	5,385
Other loans	102,118	-
Other creditors	223,460	255,550
Taxation and social security	9,312	31,291

	356,848	306,995

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	23,148	29,337

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Castle Motors Sandhurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	150,000	150,000

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