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REGISTERED NUMBER: 02004578 (England and Wales)

| CASTLES ESTATE AGENTS LIMITED |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 APRIL 2025 |

CASTLES ESTATE AGENTS LIMITED (REGISTERED NUMBER: 02004578)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 30 APRIL 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

CASTLES ESTATE AGENTS LIMITED

COMPANY INFORMATION

for the Year Ended 30 APRIL 2025

| DIRECTORS: | P J Gleeson

| O Tona

| SECRETARY: | P J Gleeson

| REGISTERED OFFICE: | 167 Turners Hill

| Cheshunt

| Hertfordshire

| EN8 9BH

| REGISTERED NUMBER: | 02004578 (England and Wales)

| ACCOUNTANTS: | Brindley Jacob

| Chartered Accountants

| 167 Turners Hill

| Cheshunt

| Hertfordshire

| EN8 9BH

CASTLES ESTATE AGENTS LIMITED (REGISTERED NUMBER: 02004578)

ABRIDGED BALANCE SHEET

30 APRIL 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 468,559 |  | 471,334 |  |

Investments | 5 | 613,000 |  | 613,000 |  |

Investment property | 6 | 998,000 |  | 998,000 |  |

2,079,559 |  | 2,082,334 |  |

CURRENT ASSETS

Stocks | 150,200 |  | 153,893 |  |

Debtors | 3,658,798 |  | 3,739,994 |  |

Cash at bank and in hand | 1,155,565 |  | 1,077,852 |  |

4,964,563 |  | 4,971,739 |  |

CREDITORS

Amounts falling due within one year | 765,899 |  | 670,297 |  |

NET CURRENT ASSETS | 4,198,664 |  | 4,301,442 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,278,223 |  | 6,383,776 |  |

CREDITORS

Amounts falling due after more than one year | (71,011 | ) | (71,074 | ) |

PROVISIONS FOR LIABILITIES | (9,997 | ) | (14,272 | ) |

NET ASSETS | 6,197,215 |  | 6,298,430 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Other reserves | 45,619 |  | 45,619 |  |

Retained earnings | 6,150,596 |  | 6,251,811 |  |

SHAREHOLDERS' FUNDS | 6,197,215 |  | 6,298,430 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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.

CASTLES ESTATE AGENTS LIMITED (REGISTERED NUMBER: 02004578)

ABRIDGED BALANCE SHEET - continued

30 APRIL 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2026 and were signed on its behalf by:

P J Gleeson - Director

CASTLES ESTATE AGENTS LIMITED (REGISTERED NUMBER: 02004578)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 30 APRIL 2025

1. | STATUTORY INFORMATION

| Castles Estate Agents Limited is a private company, limited by shares , 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 as modified by the revaluation of certain assets.

| Preparation of consolidated financial statements

| The financial statements contain information about Castles Estate Agents Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover represents net commissions receivable, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | not provided

| Short leasehold | - | in accordance with the property

| Improvements to property | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Stocks are stated at the lower of cost and net realisable value. Net realisable value is based on the estimated selling price less any estimated selling costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

CASTLES ESTATE AGENTS LIMITED (REGISTERED NUMBER: 02004578)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 37 (2024 - 38 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 May 2024 | 836,707 |  |

| Additions | 37,385 |  |

| Disposals | (13,200 | ) |

| At 30 April 2025 | 860,892 |  |

| DEPRECIATION

| At 1 May 2024 | 365,373 |  |

| Charge for year | 33,818 |  |

| Eliminated on disposal | (6,858 | ) |

| At 30 April 2025 | 392,333 |  |

| NET BOOK VALUE

| At 30 April 2025 | 468,559 |  |

| At 30 April 2024 | 471,334 |  |

CASTLES ESTATE AGENTS LIMITED (REGISTERED NUMBER: 02004578)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 APRIL 2025

5. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| At 1 May 2024

| and 30 April 2025 | 613,000 |  |

| NET BOOK VALUE

| At 30 April 2025 | 613,000 |  |

| At 30 April 2024 | 613,000 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 May 2024

| and 30 April 2025 | 998,000 |  |

| NET BOOK VALUE

| At 30 April 2025 | 998,000 |  |

| At 30 April 2024 | 998,000 |  |

| Fair value at 30 April 2025 is represented by:

£ |

| Valuation in 2018 | 170,387 |  |

| Valuation in 2019 | (252,000 | ) |

| Cost | 1,079,613 |  |

998,000 |  |

| The investment property has been measured at fair value which is the open market value. The fair value adjustment has been taken through the profit and loss account.