Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-28 2025-02-28 6658398 false true true false 0 2024-02-16 No description of principal activity 0 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15495197 2024-02-15 15495197 2024-02-16 2025-02-28 15495197 2023-02-16 2024-02-15 15495197 2025-02-28 15495197 c:Director1 2024-02-16 2025-02-28 15495197 d:FreeholdInvestmentProperty 2024-02-16 2025-02-28 15495197 d:FreeholdInvestmentProperty 2025-02-28 15495197 d:CurrentFinancialInstruments 2025-02-28 15495197 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 15495197 d:ShareCapital 2025-02-28 15495197 d:RetainedEarningsAccumulatedLosses 2025-02-28 15495197 c:FRS102 2024-02-16 2025-02-28 15495197 c:AuditExempt-NoAccountantsReport 2024-02-16 2025-02-28 15495197 c:FullAccounts 2024-02-16 2025-02-28 15495197 c:PrivateLimitedCompanyLtd 2024-02-16 2025-02-28 15495197 4 2024-02-16 2025-02-28 15495197 d:Right-of-useInvestmentProperty 2024-02-16 2025-02-28 15495197 d:Right-of-useInvestmentProperty 2025-02-28 15495197 e:PoundSterling 2024-02-16 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 15495197 CASTLE HOUSE PROPERTY INVESTMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 28 FEBRUARY 2025
CASTLE HOUSE PROPERTY INVESTMENTS LIMITED REGISTERED NUMBER: 15495197 BALANCE SHEET AS AT 28 FEBRUARY 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Investment property | 5 |  | 3,329,199
|  |  | 3,329,199
Current assets |  |  |
Debtors | 6 | 14,137 |
Cash at bank and in hand | 7 | 18,031 |
|  | 32,168 |
Creditors: amounts falling due within one year | 8 | (3,303,367) |
Net current (liabilities)/assets |  |  | (3,271,199)
Total assets less current liabilities |  |  | 58,000
Net assets |  |  | 58,000
Capital and reserves |  |  |
Called up share capital |  |  | 1
Profit and loss account |  |  | 57,999
|  |  | 58,000
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CASTLE HOUSE PROPERTY INVESTMENTS LIMITED REGISTERED NUMBER: 15495197 BALANCE SHEET (CONTINUED) AS AT 28 FEBRUARY 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
Daniel Sebastian Katz
Director
Date: 9 February 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
CASTLE HOUSE PROPERTY INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2025
1. | General information
Castle House Property Investments Limited (the "Company") is a private company limited by shares, incorporated on 16 February 2024 and domiciled in the United Kingdom. The address of the Company's registered office is 124 Finchley Road, London, NW3 5JS. 2.Accounting policies
| 2.1 | Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all reporting periods presented, unless otherwise stated.
| 2.2 | Basis of preparation of financial statements
The financial statements of the Company have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland, and the UK Companies Act 2006. The preparation of financial statements in conformity with Financial Reporting Standard 102 requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Company's accounting policies. Details of those estimates and/or judgments made in applying the Company's accounting policies towards the preparation of these financial statements that may be considered as yielding a significant risk of a material adjustment being made to the carrying amounts of assets and/or liabilities reported in the balance sheet during the next financial reporting period are disclosed in note 3 to the financial statements.
| 2.3 | Functional and presentational currency
Items included in the financial statements of the Company are measured using the currency of the primary economic environment in which the Company operates (the "functional currency"). The functional currency of the Company and the currency in which the financial statements are presented (the "presentational currency") is 'Pounds Sterling' (£) rounded to the nearest single unit of currency.
| 2.4 | Going concern
The sole director at the time of approving the financial statements, having reviewed the Company's performance up to the date these financial statements were approved and expected performance over the 18 months following the balance sheet date, has a reasonable expectation that the Company has, available at its disposal, adequate resources to continue in operational existence for the foreseeable future. While there will always remain inherent uncertainty, the director has no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern and therefore considers it both appropriate to continue to adopt the going concern basis in preparing the Company's financial statements and to not recognise any adjustments in the financial statements that would arise if the going concern basis were to become no longer appropriate. Page 3
CASTLE HOUSE PROPERTY INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.5 | Revenue
Revenue comprises rental income recognised in the period to which it relates on an accruals basis and measured at the fair value of consideration receivable.
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred unless where considered, in the opinion of the director, to be material with respect to the value of the associated capital instrument upon which the respective borrowing costs on issue are initially recognised as a reduction against the proceeds of the associated capital instrument.
| 2.7 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
| 2.8 | Taxation
Taxation comprises of corporate taxation ("current taxation") and deferred taxation recognised solely in profit or loss. Current taxation is calculated using tax rates and on the basis of tax laws enacted or substantively enacted at the balance sheet date where taxable income is generated by the Company through its business operations. The Company is subject to taxation at the rate enacted by HM Revenue & Customs in respect of property investment activities undertaken in the United Kingdom. All such liabilities in respect of UK current taxation payable are provided for as soon as there is a reasonable certainty that a liability will crystallise. The Company did not undertake any other activities in any other country. Deferred taxation is recognised on temporary differences arising between the tax bases of assets and liabilities and their respective carrying amounts in the financial statements. Deferred taxation is calculated using tax rates and on the basis of tax laws enacted or substantively enacted at the balance sheet date and expected to apply when the related deferred tax asset/liability is realised/settled. Deferred tax assets are recognised only to the extent that it is sufficiently probable that future taxable profits will be available against which the temporary differences can be utilised. Page 4
CASTLE HOUSE PROPERTY INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.9 | Investment property
Investment property comprises of property held by the Company to earn income or for capital appreciation, or both. Investment property is initially recognised at purchase cost plus directly attributable acquisition expenses and subsequently measured at fair value. Investment properties are not depreciated. Gains and losses arising from changes in fair value are recognised in profit or loss during the period in which they arise. Purchases and sales of investment property are recognised when contracts have been unconditionally exchanged and the significant risks and rewards of ownership have been transferred. An investment property is derecognised for accounting purposes upon disposal or when no future economic benefits are expected to arise from the continued use of the asset. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying value) is recognised in profit or loss in the period the asset is derecognised.
| 2.10 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities; with said financial assets and liabilities classified in accordance with the substance of the underlying contractual obligations rather than its legal form. Financial assets and liabilities are recognised upon the Company becoming party to the contractual provisions of the instrument. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or the financial asset is transferred along with substantially all the risks and rewards of ownership of the asset to another party. Financial liabilities are derecognised only when the Company’s obligations are discharged, cancelled or expired. The measurement of specific financial assets, financial liabilities and equity held by the Company is as outlined in notes 2.11 to 2.14 of the financial statements.
| 2.11 | Debtors
Debtors (excluding deferred tax assets (see note 2.7) are initially measured at transaction price (i.e. fair value) and subsequently held, at transaction price less provision for impairment.
| 2.12 | Cash and cash equivalents
Cash balances are reported by the Company as being financial instruments classified as short term receivables and are represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours and subject to an insignificant risk of changes in value. Cash balances are held at floating interest rates linked to UK bank rates. Page 5
CASTLE HOUSE PROPERTY INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.13 | Creditors
Creditors, excluding other loans, are initially measured and subsequently held at transaction price. Other loans are initially measured at fair value and subsequently held at amortised cost using the effective interest method.
| 2.14 | Equity
Ordinary share capital, shown in equity, is initially measured and subsequently held at its nominal value. Where the transaction price for issued shares exceeds their nominal value, the difference is shown under equity in a share premium account with any directly attributable transaction costs associated with the issuing of said shares deducted from said share premium account. Equity dividends are recognised in the reporting period in which they become legally payable.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
In the application of the Company's accounting policies, the director is required to make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. Although the expected outcome of said estimates and assumptions will, by definition, seldom equal the related actual results; estimates and judgments made are continually re-evaluated and are based on historical experience as well as other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical judgments in applying the entity’s accounting policies The valuation of investment properties involves the application, and therefore significant judgment, of unobservable inputs. Critical accounting estimates and assumptions The estimates and assumptions that are considered as having a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period are addressed below: Investment properties ∙The fair value of investment properties is determined annually by the director on an open market value basis by reference to specific advice from third party experts and available market evidence. In determining the fair value, a number of estimates and assumptions are required based on the property market as a whole and rental yields, nature, location and condition of the specific investment property.
4. | Employees
| The average monthly number of employees, including directors, during the period was 0.
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CASTLE HOUSE PROPERTY INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2025
5. | Investment property
|  | Freehold investment property | Property under construction | Total
|  | £ | £ | £
| Valuation |  |  |
| Additions at cost | 3,206,645 | 122,554 | 3,329,199
| At 28 February 2025 | 3,206,645 | 122,554 | 3,329,199
The 2025 valuations were made by the director, on an open market value for existing use basis.
6. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Falling due within one year |
| Other debtors | 7,092
| Prepayments and accrued income | 7,045
|  | 14,137
| Other debtors falling due within one year are non-interest bearing and, in the opinion of the director, of a fair value not materially different to their carrying value. At the balance sheet date, the provision for impairment against debtors falling due within one year was £nil.
7. | Cash and cash equivalents
|  |  |  |  | 2025
|  |  |  |  | £
| Cash at bank and in hand | 18,031
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CASTLE HOUSE PROPERTY INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Other loans | 1,218,788
| Trade creditors | 49,352
| Corporation tax | 19,999
| Other creditors | 1,986,576
| Accruals and deferred income | 28,652
|  | 3,303,367
| Other loans falling due within one year are secured by a fixed and floating charge over all present and future assets of the Company including a first legal charge over the freehold investment property held by the Company.
9. | Related party transactions
| During the reporting period, the Company maintained unsecured, interest bearing loan accounts with companies connected by virtue of common control. Amounts owed towards the loan accounts are repayable on demand with no fixed date for repayment and at the balance sheet, the Company owed £1,181,576 towards said loan accounts and incurred interest of £41,689 during the reporting period.
10. | Controlling party
The Company was under the control of its director.
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