REGISTERED NUMBER: 00729205 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PHILIP CASTANG PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Castang

L S Castang

SECRETARY:

L S Castang

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

00729205 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

472

708

Investments

5

232

232

Investment property

6

1,083,807

1,073,307

1,084,511

1,074,247

CURRENT ASSETS

Cash at bank

419,388

401,626

CREDITORS

Amounts falling due within one year

7

60,785

39,614

NET CURRENT ASSETS

358,603

362,012

TOTAL ASSETS LESS CURRENT LIABILITIES

1,443,114

1,436,259

CAPITAL AND RESERVES

Called up share capital

8

5,702

5,702

Revaluation reserve

9

931,467

931,467

Capital reserve - Realised

9

3,076

3,076

Retained earnings

9

502,869

496,014

SHAREHOLDERS' FUNDS

1,443,114

1,436,259

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 23 April 2026 and were signed on its behalf by:

P Castang - Director

1.	STATUTORY INFORMATION

Philip Castang Properties 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost and 10% on cost

Office equipment

-

25% on 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.

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.

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.

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

29,851

943

30,794

DEPRECIATION

At 1 April 2025

29,850

236

30,086

Charge for year

-

236

236

At 31 March 2026

29,850

472

30,322

NET BOOK VALUE

At 31 March 2026

1

471

472

At 31 March 2025

1

707

708

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

232

NET BOOK VALUE

At 31 March 2026

232

At 31 March 2025

232

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,073,307

Additions

10,500

At 31 March 2026

1,083,807

NET BOOK VALUE

At 31 March 2026

1,083,807

At 31 March 2025

1,073,307

Fair value at 31 March 2026 is represented by:

£

Valuation in 2009

1,106,764

Valuation in 2010

35,543

Valuation in 2011

(38,193

)

Valuation in 2015

(30,807

)

Valuation in 2026

10,500

1,083,807

If investment property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

£

Cost

152,340

141,840

Investment property was valued on a market value basis on 31 March 2015 by the directors .

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

10,045

9,846

Social security and other taxes

9,670

9,238

Other creditors

8,725

8,725

Income received in advance

29,910

9,370

Accrued expenses

2,435

2,435

60,785

39,614

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

5,702

Ordinary

£1

5,702

5,702

9.

RESERVES

Capital

Retained

Revaluation

reserve -

earnings

reserve

Realised

Totals

£

£

£

£

At 1 April 2025

496,014

931,467

3,076

1,430,557

Profit for the year

42,093

42,093

Dividends

(35,238

)

(35,238

)

At 31 March 2026

502,869

931,467

3,076

1,437,412

10.	CONTINGENT LIABILITIES

There were no contingent liabilities at 31 March 2026.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Castang.

The beneficial interests of the directors holding office on 31st March 2026 in the issued share capital of the company were as follows:

Ordinary A £1 shares

31.03.26

31.03.25

Mr P. Castang

1401

1401

Mrs L. Castang

1400

1400