Silverfin false false 31/12/2025 01/01/2025 31/12/2025 E M Allen 22/02/1994 S N Allen 22/02/1994 07 July 2026 The principal activity of the Company during the financial year was that of property investment. 02900846 2025-12-31 02900846 bus:Director1 2025-12-31 02900846 bus:Director2 2025-12-31 02900846 2024-12-31 02900846 core:CurrentFinancialInstruments 2025-12-31 02900846 core:CurrentFinancialInstruments 2024-12-31 02900846 core:ShareCapital 2025-12-31 02900846 core:ShareCapital 2024-12-31 02900846 core:FurtherSpecificReserve3ComponentTotalEquity 2025-12-31 02900846 core:FurtherSpecificReserve3ComponentTotalEquity 2024-12-31 02900846 core:RetainedEarningsAccumulatedLosses 2025-12-31 02900846 core:RetainedEarningsAccumulatedLosses 2024-12-31 02900846 2025-01-01 2025-12-31 02900846 bus:FilletedAccounts 2025-01-01 2025-12-31 02900846 bus:SmallEntities 2025-01-01 2025-12-31 02900846 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02900846 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02900846 bus:Director1 2025-01-01 2025-12-31 02900846 bus:Director2 2025-01-01 2025-12-31 02900846 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Company No: 02900846 (England and Wales)

# GREENCASTLE ESTATES LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

GREENCASTLE ESTATES LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

GREENCASTLE ESTATES LIMITED

## BALANCE SHEET

As at 31 December 2025
GREENCASTLE ESTATES LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investment property | 3 | 597,899 |  | 597,899
|  | 597,899 |  | 597,899
Current assets |  |  |  |
Debtors | 4 | 3,000 |  | 5,826
Cash at bank and in hand |  | 14,523 |  | 11,992
|  | 17,523 |  | 17,818
Creditors: amounts falling due within one year | 5 | ( 514,523) |  | ( 542,305)
Net current liabilities |  | (497,000) |  | (524,487)
Total assets less current liabilities |  | 100,899 |  | 73,412
Net assets |  | 100,899 |  | 73,412
Capital and reserves |  |  |  |
Called-up share capital |  | 1,000 |  | 1,000
Undistributable reserve |  | ( 12,880 ) |  | ( 12,880 )
Profit and loss account |  | 112,779 |  | 85,292
Total shareholders' funds |  | 100,899 |  | 73,412

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Greencastle Estates Limited (registered number: 02900846) were approved and authorised for issue by the Board of Directors on 07 July 2026. They were signed on its behalf by:

S N Allen Director |

GREENCASTLE ESTATES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
GREENCASTLE ESTATES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Greencastle Estates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 13 Castle Street, Hereford, HR1 2NL, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net assets of £100,899. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable as rental income in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### 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. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

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

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Investment property

| Investment property
| £
Valuation |
As at 01 January 2025 | 597,899
As at 31 December 2025 | 597,899

Valuation

The value of investment property is derived from observable current market prices for comparable real estate determined by the directors. The assets have a current value of £597,899 (2024 - £597,899).

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

| 2025 |  | 2024
| £ |  | £
Historic cost | 610,779 |  | 610,779

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 3,000 |  | 3,000
Other debtors | 0 |  | 2,826
| 3,000 |  | 5,826

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 6,146 |  | 0
Other creditors | 508,377 |  | 542,305
| 514,523 |  | 542,305