Castle Trading Estate Management Co Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 03504503 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CASTLE TRADING ESTATE MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Jones

SECRETARY:

G Jones

REGISTERED OFFICE:

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

REGISTERED NUMBER:

03504503 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

9,718

11,428

CURRENT ASSETS

Debtors

5

640

911

Cash at bank

3,144

7,793

3,784

8,704

CREDITORS

Amounts falling due within one year

6

33,196

15,972

NET CURRENT LIABILITIES

(29,412

)

(7,268

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,694

)

4,160

CREDITORS

Amounts falling due after more than one
year

7

5,825

NET LIABILITIES

(25,519

)

(1,665

)

RESERVES

Income and expenditure account

(25,519

)

(1,665

)

(25,519

)

(1,665

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th December 2025 and were signed by:

G Jones - Director

1.	STATUTORY INFORMATION

Castle Trading Estate Management Company Limited is a private company, limited by guarantee , 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.

Land and buildings

-

not provided

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st April 2024

and 31st March 2025

5,825

8,911

14,736

DEPRECIATION

At 1st April 2024

-

3,308

Charge for year

-

1,710

At 31st March 2025

-

5,018

NET BOOK VALUE

At 31st March 2025

5,825

3,893

9,718

At 31st March 2024

5,825

5,603

11,428

Freehold property comprises the common area and roads of the Castle Trading Estate and the director does not consider there would be any benefit to try and establish the market value at this time.

As such it would revert to the depreciation model based on cost.

No depreciation is deemed necessary at this time.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

188

500

Other debtors

452

411

640

911

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

22,132

8,873

Taxation and social security

23

1

Other creditors

11,041

7,098

33,196

15,972

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Other creditors

5,825

8.	RELATED PARTY DISCLOSURES

During the year , the following transactions to place with Priorslee Motor Services Limited, a company of which G Jones is a director:

Service charges received £5625( 2024 £5000 )

Service charges incurred from that company £600 ( 2024 £500 )

Amount owing to that company £5100 ( 2024 £4500 )

9.	LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.

The members of the company have each undertaken to contribute to the assets of the company, in the event of being wound up while they are members or within one year after they cease to be members, for the payment of debts and liabilities contracted before they ceased to be members, such amounts as may be required , not exceeding £1 per member. There are 11 members.

The members each have undertaken to contribute to the assets of the company, in accordance with the articles of association.Accumulated reserves are not distributable.