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Company Registration No. 01619078 (England and Wales)
Tony Castro Limited Unaudited accounts for the year ended 30 June 2025
Tony Castro Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Tony Castro Limited Company Information for the year ended 30 June 2025
Directors
A M Castro R McLaughlin
Company Number
01619078 (England and Wales)
Registered Office
Unit 4 Basepoint Enterprise Centre Andersons Road Southampton Hampshire SO14 5FE England
Accountants
SWP Chartered Accountants Unit 4 Basepoint Andersons Road Southampton SO14 5FE
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Tony Castro Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
51,945
69,513
Current assets
Debtors
5
444,905
569,268
Cash at bank and in hand
490,396
593,448
935,301
1,162,716
Creditors: amounts falling due within one year
6
(27,017)
(180,089)
Net current assets
908,284
982,627
Total assets less current liabilities
960,229
1,052,140
Creditors: amounts falling due after more than one year
7
(63,512)
(70,120)
Provisions for liabilities
Deferred tax
-
(7,492)
Net assets
896,717
974,528
Capital and reserves
Called up share capital
100
100
Profit and loss account
896,617
974,428
Shareholders' funds
896,717
974,528
For the year ending 30 June 2025 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 5 March 2026 and were signed on its behalf by
A M Castro Director Company Registration No. 01619078
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Tony Castro Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Tony Castro Limited is a private company, limited by shares, registered in England and Wales, registration number 01619078. The registered office is Unit 4, Basepoint Enterprise Centre, Andersons Road, Southampton, Hampshire, SO14 5FE, England.
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.
Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.
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
25% on reducing balance
Fixtures & fittings
25% on cost
Computer equipment
50% on cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.
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Tony Castro Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2024
26,711
119,503
98,919
15,327
260,460
At 30 June 2025
26,711
119,503
98,919
15,327
260,460
Depreciation
At 1 July 2024
26,711
52,282
96,627
15,327
190,947
Charge for the year
-
16,805
763
-
17,568
At 30 June 2025
26,711
69,087
97,390
15,327
208,515
Net book value
At 30 June 2025
-
50,416
1,529
-
51,945
At 30 June 2024
-
67,221
2,292
-
69,513
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1,822
44,745
Trade debtors
106,768
189,868
Amounts due from group undertakings etc.
263,367
334,655
Accrued income and prepayments
2,968
-
Other debtors
69,980
-
444,905
569,268
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
3,791
3,791
Taxes and social security
3,591
102,580
Other creditors
890
-
Loans from directors
-
14
Accruals
18,745
73,704
27,017
180,089
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
63,512
70,120
8
Average number of employees
During the year the average number of employees was 6 (2024: 10).
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