Castile View Properties LLP

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: OC403729

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,062		6,750
Investment Properties	5		1,648,437		1,648,437

			1,653,499		1,655,187
CURRENT ASSETS
Cash at bank and in hand		44,132		27,830

		44,132		27,830
Creditors: Amounts Falling Due Within One Year		(85,278 )		(193,684 )

NET CURRENT ASSETS (LIABILITIES)			(41,146 )		(165,854 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,612,353		1,489,333

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,612,353		1,489,333

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		63,964		94,354
Other amounts		88,165		39,507

			152,129		133,861

Equity
Members' other interests
Members' capital		813,999		709,247
Revaluation reserve		409,452		409,452
Other reserves		236,773		236,773

			1,460,224		1,355,472

			1,612,353		1,489,333

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			152,129		133,861
Members' other interests			1,460,224		1,355,472

			1,612,353		1,489,333

Page 1

Page 2

Castile View Properties LLP

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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

All of the LLP's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mrs Catherine Mullane Designated Member	Mr John Mullane Designated Member
31 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Castile View Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC403729 . The Registered Office is 2 Mountside, Stanmore, Middlesex, HA7 2DT.

The financial statements are prepared in sterling which is the functional currency of the LLP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

2.2. 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.

2.3. 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:

Motor Vehicles

25% on reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	9,000

As at 31 March 2025	9,000

Depreciation
As at 1 April 2024	2,250
Provided during the period	1,688

As at 31 March 2025	3,938

Net Book Value
As at 31 March 2025	5,062

As at 1 April 2024	6,750

Page 3

Page 4

Castile View Properties LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	1,648,437

Page 4