Derrycastle Investments Ltd iXBRL

Derrycastle Investments Ltd

Director's Report and Unaudited Financial Statements

for the financial year ended 31 May 2025

Derrycastle Investments Ltd

DIRECTOR AND OTHER INFORMATION


Director	Mr D. J. Hunter


Company Secretary	Mr D. J. Hunter


Company Registration Number	11387361


Registered Office and Business Address	1 The Courtyard,
	Chalvington
	East Sussex
	BN27 3TD
	United Kingdom


Accountants	Handley Roberts LLP
	1 The Courtyard
	Poundfield Road
	Chalvington
	Hailsham
	East Sussex
	BN27 3YD
	United Kingdom

Derrycastle Investments Ltd

DIRECTOR'S REPORT

for the financial year ended 31 May 2025

The director presents their report and the unaudited financial statements for the financial year ended 31 May 2025.

Principal Activity

The principal activities of the business are raising capital for, advising and investing in alternative yielding private and other assets.

Director

The director who served during the financial year is as follows:

Mr D. J. Hunter

There were no changes in shareholdings between 31 May 2025 and the date of signing the financial statements.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr D. J. Hunter

Director

23 May 2026

Derrycastle Investments Ltd

PROFIT AND LOSS ACCOUNT

for the financial year ended 31 May 2025

	2025	2024
Notes	£	£

Turnover	81,980	51,096

Cost of sales	(8,739)	(24,041)
	─────────	─────────
Gross profit	73,241	27,055

Administrative expenses	(218,060)	(182,115)
	─────────	─────────
Operating loss	(144,819)	(155,060)

Interest payable and similar expenses	(126)	(674)
	─────────	─────────
Loss before taxation	(144,945)	(155,734)

Tax on loss	-	-
	─────────	─────────
Loss for the financial year	(144,945)	(155,734)
	─────────	─────────
Total comprehensive income	(144,945)	(155,734)
	═════════	═════════

Derrycastle Investments Ltd

Company Registration Number: 11387361

BALANCE SHEET

as at 31 May 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets	4	87	489
		─────────	─────────

Current Assets

Cash and cash equivalents

9,568

95,207

Creditors: amounts falling due within one year

(82,866)

(42,463)

─────────

Net Current (Liabilities)/Assets

(73,298)

52,744

─────────

Total Assets less Current Liabilities

(73,211)

53,233

Creditors:

amounts falling due after more than one year

(514,707)

(496,206)

─────────

Net Liabilities

(587,918)

(442,973)

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

(588,018)

(443,073)

─────────

Equity attributable to owners of the company

(587,918)

(442,973)

═════════

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).

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 23 May 2026



________________________________
Mr D. J. Hunter
Director

Derrycastle Investments Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 May 2025

General Information

Derrycastle Investments Ltd is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 11387361. The registered office of the company is 1 The Courtyard,, Chalvington, East Sussex, BN27 3TD, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 May 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

25% Reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).


4.	Tangible assets
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 June 2024	1,207	1,207
		─────────	─────────

	At 31 May 2025	1,207	1,207
		─────────	─────────
	Depreciation
	At 1 June 2024	718	718
	Charge for the financial year	402	402
		─────────	─────────
	At 31 May 2025	1,120	1,120
		─────────	─────────
	Net book value
	At 31 May 2025	87	87
		═════════	═════════
	At 31 May 2024	489	489
		═════════	═════════


5.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	3,900	4,184
	Taxation (Note 7)	13,507	21,177
	Director's current account	53,459	17,102
	Accruals	12,000	-
		─────────	─────────
		82,866	42,463
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	-	3,600
	Amounts owed to group undertakings	514,707	492,606
		─────────	─────────
		514,707	496,206
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 5)	3,900	4,184
	Repayable between one and two years	-	3,600
		─────────	─────────
		3,900	7,784
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Creditors:
	VAT	13,507	21,177
		═════════	═════════

Related party transactions

The company owed £514,707 to a related company, Renewity Capital Limited (2024: £492,605). Renewity Capital Limited is registered in Ireland. The movement in the year ended 31 May 2025 relates to monies lent to assist cash flow.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.