Company registration number: 01877409
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
Castlebroom Engineering Limited
Pages for filing with the Registrar
Company registration number: 01877409
Castlebroom Engineering Limited
Balance sheet
as at 30 September 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 578,965 658,023
Investments 5 192,091 -
771,056 658,023
Current assets
Stocks 326,548 311,407
Debtors 311,534 267,503
Cash at bank and in hand 310,271 321,246
948,353 900,156
Creditors: amounts falling due within one
year 		(393,919) (203,698)
Net current assets 554,434 696,458
Total assets less current liabilities 1,325,490 1,354,481
Creditors: Amounts falling due after more
than one year 		6 (86,060) (143,644)
Provisions for liabilities (81,524) (81,524)
NET ASSETS 1,157,906 1,129,313
Capital and reserves
Called up share capital 114 114
Profit and loss account 1,157,792 1,129,199
TOTAL EQUITY 1,157,906 1,129,313
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 01877409
Castlebroom Engineering Limited
Balance sheet - continued
as at 30 September 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 22 November 2025 and signed on its behalf by:
Mr S Pegg, Director Mrs T Pegg, Director
22 November 2025 22 November 2025
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Castlebroom Engineering Limited
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
Castlebroom Engineering Limited is a private company registered in ********. Its registered number is 01877409. The company is limited by shares. Its registered office is Unit10, Farthing Road Industrial Estate, Ipswich, IP1 5AP.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 2% straight line
Plant and machinery etc.:
Improvements to property - 20% straight line
Plant and machinery - 20% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 20% reducing balance
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Castlebroom Engineering Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 13 (2024 - 11).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 October 2024 162,048 439,743 601,791
Additions - 1,335 1,335
At 30 September 2025 162,048 441,078 603,126
Depreciation
At 1 October 2024 - (56,232) (56,232)
Charge for year - 80,393 80,393
At 30 September 2025 - 24,161 24,161
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Castlebroom Engineering Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
4 Tangible fixed assets - continued
Net book value
At 30 September 2025 162,048 416,917 578,965
At 30 September 2024 162,048 495,975 658,023
If Land and Buildings had not been revalued, Land and Buildings would have been included at the following historical cost:
2025 2024
£ £
Cost 364,864 364,864
Accumulated depreciation 107,473 107,473
5 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
Additions 192,091
At 30 September 2025 192,091
Net book value
At 30 September 2025 192,091
At 30 September 2024 -
6 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
2025 2024
£ £
Repayable otherwise than by instalments
Bank loans 86,060 143,644
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