IRIS Accounts Production v25.4.12.37 13577721 Board of Directors Board of Directors 1.6.24 31.5.25 31.5.25 0 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13577721 2024-05-31 13577721 2025-05-31 13577721 2024-06-01 2025-05-31 13577721 2023-05-31 13577721 2023-06-01 2024-05-31 13577721 2024-05-31 13577721 ns15:EnglandWales 2024-06-01 2025-05-31 13577721 ns14:PoundSterling 2024-06-01 2025-05-31 13577721 ns10:Director1 2024-06-01 2025-05-31 13577721 ns10:Director2 2024-06-01 2025-05-31 13577721 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13577721 ns10:SmallEntities 2024-06-01 2025-05-31 13577721 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 13577721 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 13577721 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 13577721 ns10:FullAccounts 2024-06-01 2025-05-31 13577721 1 2024-06-01 2025-05-31 13577721 ns10:Director3 2024-06-01 2025-05-31 13577721 ns10:Director4 2024-06-01 2025-05-31 13577721 ns10:Director5 2024-06-01 2025-05-31 13577721 ns10:RegisteredOffice 2024-06-01 2025-05-31 13577721 ns5:CurrentFinancialInstruments 2025-05-31 13577721 ns5:CurrentFinancialInstruments 2024-05-31 13577721 ns5:Non-currentFinancialInstruments 2025-05-31 13577721 ns5:Non-currentFinancialInstruments 2024-05-31 13577721 ns5:ShareCapital 2025-05-31 13577721 ns5:ShareCapital 2024-05-31 13577721 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 13577721 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 13577721 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-01 2025-05-31 13577721 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-06-01 2025-05-31 13577721 ns5:PlantMachinery 2024-06-01 2025-05-31 13577721 ns5:IntangibleAssetsOtherThanGoodwill 2024-05-31 13577721 ns5:IntangibleAssetsOtherThanGoodwill 2025-05-31 13577721 ns5:IntangibleAssetsOtherThanGoodwill 2024-05-31 13577721 ns5:LeaseholdImprovements 2024-05-31 13577721 ns5:PlantMachinery 2024-05-31 13577721 ns5:FurnitureFittings 2024-05-31 13577721 ns5:LeaseholdImprovements 2024-06-01 2025-05-31 13577721 ns5:FurnitureFittings 2024-06-01 2025-05-31 13577721 ns5:LeaseholdImprovements 2025-05-31 13577721 ns5:PlantMachinery 2025-05-31 13577721 ns5:FurnitureFittings 2025-05-31 13577721 ns5:LeaseholdImprovements 2024-05-31 13577721 ns5:PlantMachinery 2024-05-31 13577721 ns5:FurnitureFittings 2024-05-31 13577721 ns5:LeaseholdImprovements ns5:LeasedAssetsHeldAsLessee 2024-05-31 13577721 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-05-31 13577721 ns5:LeasedAssetsHeldAsLessee 2024-05-31 13577721 ns5:LeaseholdImprovements ns5:LeasedAssetsHeldAsLessee 2024-06-01 2025-05-31 13577721 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-06-01 2025-05-31 13577721 ns5:LeasedAssetsHeldAsLessee 2024-06-01 2025-05-31 13577721 ns5:LeaseholdImprovements ns5:LeasedAssetsHeldAsLessee 2025-05-31 13577721 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-05-31 13577721 ns5:LeasedAssetsHeldAsLessee 2025-05-31 13577721 ns5:LeaseholdImprovements ns5:LeasedAssetsHeldAsLessee 2024-05-31 13577721 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-05-31 13577721 ns5:LeasedAssetsHeldAsLessee 2024-05-31 13577721 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 13577721 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31

REGISTERED NUMBER: 13577721 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 May 2025

for

Castle Vehicle Servicing Limited

Castle Vehicle Servicing Limited (Registered number: 13577721)

Contents of the Financial Statements

For The Year Ended 31 May 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Castle Vehicle Servicing Limited

Company Information

For The Year Ended 31 May 2025

| DIRECTORS: | Mr D A Browne

| Mr B P Lennon

| Mr L A Mayne

| Mr J M B Strowbridge

| Mrs R M Lennon

| REGISTERED OFFICE: | Units 1 & 2 Heathfield Way

| Kings Heath Industrial Estate

| Northampton

| NORTHAMPTONSHIRE

| NN5 7QP

| REGISTERED NUMBER: | 13577721 (England and Wales)

| ACCOUNTANTS: | Harris & Clarke LLP

| 7 Billing Road

| Northampton

| NORTHAMPTONSHIRE

| NN1 5AN

Castle Vehicle Servicing Limited (Registered number: 13577721)

Balance Sheet

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 235 |  | 1,877 |  |

Tangible assets | 5 | 98,121 |  | 125,629 |  |

98,356 |  | 127,506 |  |

CURRENT ASSETS

Stocks | 2,006 |  | 7,407 |  |

Debtors | 6 | 98,094 |  | 106,161 |  |

Cash at bank and in hand | 90,846 |  | 96,839 |  |

190,946 |  | 210,407 |  |

CREDITORS

Amounts falling due within one year | 7 | 309,719 |  | 288,842 |  |

NET CURRENT LIABILITIES | (118,773 | ) | (78,435 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (20,417 | ) | 49,071 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (34,618 | ) | (67,487 | ) |

PROVISIONS FOR LIABILITIES | (22,281 | ) | (29,421 | ) |

NET LIABILITIES | (77,316 | ) | (47,837 | ) |

Castle Vehicle Servicing Limited (Registered number: 13577721)

Balance Sheet - continued

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 5 |  | 5 |  |

Retained earnings | (77,321 | ) | (47,842 | ) |

(77,316 | ) | (47,837 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

Mr L A Mayne - Director

Mrs R M Lennon - Director

Castle Vehicle Servicing Limited (Registered number: 13577721)

Notes to the Financial Statements

For The Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| Castle Vehicle Servicing 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.

| The financial statements have been prepared on a going concern basis.

| At the balance sheet date the company has net liabilities of £83,640 however £151,197 is due to the parent company, who have confirmed their willingness not to call in this debt and to meet the day to day working capital requirements of the company.

| The directors believe that the company remains a going concern due to the continued support of the parent company and that this will be sufficient to meet any shortfall from operational activities. The financial statements have therefore been prepared on a going concern basis.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Brand design costs are being amortised evenly over their estimated useful life of three years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance and Over the length of time of the lease

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Castle Vehicle Servicing Limited (Registered number: 13577721)

Notes to the Financial Statements - continued

For The Year Ended 31 May 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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 contributes to employees defined contribution pension schemes. Contributions payable to these schemes 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 NIL (2024 - 14 ).

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 5,910 |  |

| AMORTISATION

| At 1 June 2024 | 4,033 |  |

| Charge for year | 1,642 |  |

| At 31 May 2025 | 5,675 |  |

| NET BOOK VALUE

| At 31 May 2025 | 235 |  |

| At 31 May 2024 | 1,877 |  |

Castle Vehicle Servicing Limited (Registered number: 13577721)

Notes to the Financial Statements - continued

For The Year Ended 31 May 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Office |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 June 2024 | 23,662 |  | 183,625 |  | 17,362 |  | 224,649 |  |

| Additions | - |  | 3,999 |  | 1,000 |  | 4,999 |  |

| At 31 May 2025 | 23,662 |  | 187,624 |  | 18,362 |  | 229,648 |  |

| DEPRECIATION

| At 1 June 2024 | 8,972 |  | 84,096 |  | 5,952 |  | 99,020 |  |

| Charge for year | 3,660 |  | 25,882 |  | 2,965 |  | 32,507 |  |

| At 31 May 2025 | 12,632 |  | 109,978 |  | 8,917 |  | 131,527 |  |

| NET BOOK VALUE

| At 31 May 2025 | 11,030 |  | 77,646 |  | 9,445 |  | 98,121 |  |

| At 31 May 2024 | 14,690 |  | 99,529 |  | 11,410 |  | 125,629 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Improvements |

| to |  | Plant and |

| property |  | machinery |  | Totals

£ | £ | £ |

| COST

| At 1 June 2024 | 9,800 |  | 162,555 |  | 172,355 |  |

| Additions | - |  | 3,999 |  | 3,999 |  |

| At 31 May 2025 | 9,800 |  | 166,554 |  | 176,354 |  |

| DEPRECIATION

| At 1 June 2024 | 4,402 |  | 74,531 |  | 78,933 |  |

| Charge for year | 1,350 |  | 23,006 |  | 24,356 |  |

| At 31 May 2025 | 5,752 |  | 97,537 |  | 103,289 |  |

| NET BOOK VALUE

| At 31 May 2025 | 4,048 |  | 69,017 |  | 73,065 |  |

| At 31 May 2024 | 5,398 |  | 88,024 |  | 93,422 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 69,922 |  | 90,996 |  |

| Other debtors | 28,172 |  | 15,165 |  |

98,094 |  | 106,161 |  |

Castle Vehicle Servicing Limited (Registered number: 13577721)

Notes to the Financial Statements - continued

For The Year Ended 31 May 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 34,534 |  | 35,091 |  |

| Trade creditors | 66,160 |  | 71,576 |  |

| Amounts owed to group undertakings | 176,187 |  | 128,611 |  |

| Taxation and social security | 25,029 |  | 48,254 |  |

| Other creditors | 7,809 |  | 5,310 |  |

309,719 |  | 288,842 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 34,618 |  | 67,487 |  |

9. | RELATED PARTY DISCLOSURES

| The company is a subsidiary of Castle Coachworks (Northampton) Limited.

| There is no ultimate controlling party