| Castlemead Management Limited |
Registered number |
| Directors' Report |
02985768 |
| for the year ended 31 October 2025 |
|
|
| The directors present their report and accounts for the year ended 31 October 2025. |
|
| Principal activities |
| The company acts as a management and service company in respect of the properties in Hedingham House and Framlingham Court, Rayleigh, Essex. |
|
|
| Directors |
| The following persons served as directors during the year: |
|
|
P Warner |
|
K Wallis |
|
J Turner (resigned 25 January 2025) |
|
|
| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
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| This report was approved by the board on 9 July 2026 and signed on its behalf. |
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|
|
| P Warner |
|
| Castlemead Management Limited |
Registered number |
| Balance Sheet |
02985768 |
| as at 31 October 2025 |
|
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,689 |
|
|
4,884 |
|
| Current assets |
| Debtors |
4 |
|
2,919 |
|
|
2,864 |
| Cash at bank and in hand |
|
|
7,346 |
|
|
4,712 |
|
|
|
10,265 |
|
|
7,576 |
|
| Creditors: amounts falling due within one year |
5 |
|
(4,548) |
|
|
(1,151) |
|
| Net current assets |
|
|
|
5,717 |
|
|
6,425 |
|
| Net assets |
|
|
|
10,406 |
|
|
11,309 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
18 |
|
|
18 |
| Reserves |
6 |
|
|
15,297 |
|
|
15,297 |
| Profit and loss account |
|
|
|
(4,909) |
|
|
(4,006) |
|
| Shareholders' funds |
|
|
|
10,406 |
|
|
11,309 |
|
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|
|
|
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| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. |
|
|
|
|
| P Warner |
| Director |
| Approved by the board on 9 July 2026 |
|
| Castlemead Management Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard. |
|
|
Turnover |
|
Turnover represents management fees receivable from residents in respect of the properties under the company's management. |
|
|
Tangible fixed assets and depreciation |
|
Tangible fixed assets are measured at cost less depreciation. Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives: |
|
Freehold buildings - |
2% p.a. on the straight line basis |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of employees |
- |
|
- |
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|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 November 2024 |
9,768 |
|
At 31 October 2025 |
9,768 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
4,884 |
|
Charge for the year |
195 |
|
At 31 October 2025 |
5,079 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
4,689 |
|
At 31 October 2024 |
4,884 |
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
2,919 |
|
2,864 |
|
|
|
|
|
|
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|
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|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
4,548 |
|
1,151 |
|
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|
|
|
|
|
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|
|
| 6 |
Reserves |
2025 |
|
2024 |
| £ |
£ |
|
|
Springboard Two Housing Limited |
10,797 |
|
10,797 |
|
Other reserve |
4,500 |
|
4,500 |
|
|
|
|
|
|
|
15,297 |
|
15,297 |
|
|
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|
Springboard Two Housing Limited had administered the properties in Hedingham House and Framlingham Court prior to the company's formation and accumulated funds of £10,797 were inherited from this company. The other reserve of £4,500 relates to funds advanced to the company many years ago by the residents. |
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| 7 |
Other information |
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Castlemead Management Limited is a private company limited by shares and incorporated in England. Its registered office is 6 Framlingham Court, Hilltop Close, Rayleigh, Essex SS6 7TL. |