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Company Registration No. 11403540 (England and Wales)
Castle Electrics Limited Unaudited accounts for the year ended 31 December 2024
Castle Electrics Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Castle Electrics Limited Company Information for the year ended 31 December 2024
Directors
Leslie Barlett Dean Christopher Bartlett
Company Number
11403540 (England and Wales)
Registered Office
UNITS 3-4 CHEPSTOW ROAD RAGLAN USK NP15 2JB WALES
Accountants
JRM Business Services Ltd MRJT Office 5 Apex House Wonastow Road Industrial Estate East Monmouth Monmouthshire NP25 5JB
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Castle Electrics Limited Accountants' report
Accountants' report to the board of directors of Castle Electrics Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Castle Electrics Limited for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Castle Electrics Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Castle Electrics Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Castle Electrics Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Castle Electrics Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Castle Electrics Limited. You consider that Castle Electrics Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Castle Electrics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
JRM Business Services Ltd MRJT Office 5 Apex House Wonastow Road Industrial Estate East Monmouth Monmouthshire NP25 5JB 23 December 2025
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Castle Electrics Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
39,057 
48,822 
Current assets
Inventories
1,800 
2,650 
Debtors
5
133,460 
138,471 
Cash at bank and in hand
42,188 
55,794 
177,448 
196,915 
Creditors: amounts falling due within one year
6
(16,807)
(33,986)
Net current assets
160,641 
162,929 
Total assets less current liabilities
199,698 
211,751 
Creditors: amounts falling due after more than one year
7
(23,239)
(35,309)
Net assets
176,459 
176,442 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
176,456 
176,439 
Shareholders' funds
176,459 
176,442 
For the year ending 31 December 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by
Leslie Barlett Director Company Registration No. 11403540
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Castle Electrics Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Castle Electrics Limited is a private company, limited by shares, registered in England and Wales, registration number 11403540. The registered office is UNITS 3-4 CHEPSTOW ROAD, RAGLAN, USK, NP15 2JB, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% per annum straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
63,939 
At 31 December 2024
63,939 
Depreciation
At 1 January 2024
15,117 
Charge for the year
9,765 
At 31 December 2024
24,882 
Net book value
At 31 December 2024
39,057 
At 31 December 2023
48,822 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,735 
4,216 
Trade debtors
97,477 
99,641 
Other debtors
33,248 
34,614 
133,460 
138,471 
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Castle Electrics Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
9,279 
14,077 
Taxes and social security
4,986 
7,477 
Loans from directors
2,542 
4,732 
Accruals
- 
7,700 
16,807 
33,986 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,626 
20,496 
Obligations under finance leases and hire purchase contracts
8,613 
14,813 
23,239 
35,309 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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