REGISTERED NUMBER: 10635644 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

BLACK CASTLE CAPITAL PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

R Diaz

Registered office:

48 Charles Street

London

W1J 5EN

Registered number:

10635644 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

-

752

Current assets

Debtors

5

2,955,050

239,684

Cash at bank

95,500

6,973

3,050,550

246,657

Creditors

Amounts falling due within one year

6

2,906,239

110,331

Net current assets

144,311

136,326

Total assets less current liabilities

144,311

137,078

Creditors

Amounts falling due after more than one year

7

2,451

7,451

Net assets

141,860

129,627

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

141,760

129,527

Shareholders' funds

141,860

129,627

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 director acknowledges his 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 director and authorised for issue on 22 May 2026 and were signed by:

R Diaz - Director

1.	Statutory information

Black Castle Capital Partners 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.

Going concern

The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors and shareholders consider it appropriate to prepare the financial statements on the 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.

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

Computer equipment

-

33% on cost

Financial instruments

The company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' for debt instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

There are two loan notes included as follows:

Loan note of 24%

This is a fixed term loan note of 12 months, interest bearing at 24% per annum. Interest is rolled up on a monthly basis at a rate of 2% on the principal amount. The principal along with the rolled up interest payment is made at term end of the 12 month contract.

Loan note of 18%

This is a fixed term loan note of 12 months, interest bearing at 18% per annum. Interest payments are paid monthly in arrears at a rate of 1.5% on the principal amount. The principal payment is made at term end of the 12 month contract.

Financial assets are measured at fair value through the profit or loss.

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.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - NIL ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 June 2024

and 31 May 2025

13,192

814

14,006

Depreciation

At 1 June 2024

12,440

814

13,254

Charge for year

752

-

752

At 31 May 2025

13,192

814

14,006

Net book value

At 31 May 2025

-

-

-

At 31 May 2024

752

-

752

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

2,955,050

239,684

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

39,962

5,049

Trade creditors

4,200

5,461

Taxation and social security

93,806

47,271

Other creditors

2,768,271

52,550

2,906,239

110,331

Included within other creditors are loan notes totalling £2,713,416 (2024: £nil). All loan notes are for a 12 month period and are therefore classified as payable within one year.

EPO Mercer, Consulting Partner of Spencer West LLP acts as the Security Trustee on behalf of investors, holding a fixed and floating charge over the company’s assets through a formal debenture agreement.

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

2,451

7,451

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.

Reserves

Retained

earnings

£

At 1 June 2024

129,527

Profit for the year

143,066

Dividends

(130,833

)

At 31 May 2025

141,760

10.	Related party disclosures

Included within other debtors is £241,634 (2024: £239,684) owed from connected companies.