| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2026 |
| for |
| Castle Street Development Company |
| Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2026 |
| for |
| Castle Street Development Company |
| Limited |
| Castle Street Development Company |
| Limited (Registered number: SC800297) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Castle Street Development Company |
| Limited |
| Company Information |
| for the Year Ended 30 April 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 18-20 High Street |
| Stevenage |
| Hertfordshire |
| SG1 3EJ |
| Castle Street Development Company |
| Limited (Registered number: SC800297) |
| Balance Sheet |
| 30 April 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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 were approved by the director and authorised for issue on |
| Castle Street Development Company |
| Limited (Registered number: SC800297) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2026 |
| 1. | STATUTORY INFORMATION |
| Castle Street Development Company Limited is a |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Critical accounting judgements and key sources of estimation uncertainty |
| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 tax |
| 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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Castle Street Development Company |
| Limited (Registered number: SC800297) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2026 |
| 3. | ACCOUNTING POLICIES - continued |
| Cash and cash equivalents |
| Cash and cash equivalents comprise cash on hand and call deposits. |
| Trade debtors |
| Trade debtors are amounts due from customers for services performed in the ordinary course of business. |
| Trade debtors are recognised at the transaction price. |
| Trade debtors are reviewed for bad debts on an annual basis. Any adjustment is made accordingly through the profit and loss account. |
| Trade creditors |
| Trade creditor are obligations to pay for goods or services that have been acquired in the ordinary |
| course of business from suppliers. Accounts payable are classified as current liabilities if company |
| does not have an unconditional right, at the end of the reporting period, to defer settlement of the |
| creditor for at least twelve months after the reporting date. 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. |
| Trade creditors are recognised at the transaction price. |
| Group accounts not prepared |
| In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts. |
| Investments |
| Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Listed |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2025 | 2 |
| Additions | 99,000 |
| At 30 April 2026 | 99,002 |
| NET BOOK VALUE |
| At 30 April 2026 | 99,002 |
| At 30 April 2025 | 2 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Amounts owed by group undertakings |
| Castle Street Development Company |
| Limited (Registered number: SC800297) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2026 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 April 2026 and 30 April 2025: |
| 2026 | 2025 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) | ( |
) |
| This loan is provided interest free and is repayable on demand. |
| Summary of transactions with subsidiaries |
| At the balance sheet date, the company owed £264,901 (2025: £41,500 owed from) to Alpine Travel International Limited, a company controlled by Mr S M Murphy. The amount is repayable on demand and no interest is being charged. |
| At the balance sheet date, the company is owed by Stuart Murphy Limited, an amount of £907,999 (2025: £908,000) a company controlled by Mr S M Murphy. The amount is repayable on demand and no interest is being charged. |
| At the balance sheet date, the company is owed by Stafford Street Holdings, an amount of £195,500 a company controlled by Mr S M Murphy. The amount is repayable on demand and no interest is being charged. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is M S Murphy by virtue of his shareholding. |
| 10. | DIVIDENDS |
| 2026 | 2025 |
| Interim dividend of £Nil (2025 - £42,000) per ordinary share | - | 42,000 |
| 11. | SHARE CAPITAL |
| Allotted, called up and fully paid shares |
| 2026 | 2025 |
| No. | £ | No. | £ |
| Ordinary shares of £1 each | 1 | 1 | 2 | 2 |