REGISTERED NUMBER: 12291908 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

CASTLE HOMES ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W Davis

I A Collins

M Illum

REGISTERED OFFICE:

1 Abbotsford House

Bridge Street

Kenilworth

Warwickshire

CV8 1BP

REGISTERED NUMBER:

12291908 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Investments

4

-

10

CURRENT ASSETS

Stocks

2,475,234

2,024,231

Debtors

5

403,030

413,920

Cash at bank

2,523

42,932

2,880,787

2,481,083

CREDITORS

Amounts falling due within one year

6

688,214

365,293

NET CURRENT ASSETS

2,192,573

2,115,790

TOTAL ASSETS LESS CURRENT LIABILITIES

2,192,573

2,115,800

CREDITORS

Amounts falling due after more than one year

7

2,642,429

2,277,333

NET LIABILITIES

(449,856

)

(161,533

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(449,956

)

(161,633

)

(449,856

)

(161,533

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

R W Davis - Director

1.	STATUTORY INFORMATION

Castle Homes Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis. The directors are of the opinion that the company will have access to sufficient funds to enable it to trade for at least one year from the signing of the balance sheet.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Work in progress

The cost of stock and work in progress comprises property acquired, direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing work in progress to its current condition. At each reporting date work in process is assessed for impairment. If impairment is identified work in process is reduced to selling price less cost to complete and sell. Impairments are recognised immediately in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

10

Disposals

(10

)

At 31 October 2025

-

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

10

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

560

400

Amounts owed by associates

395,100

400,550

Other debtors

7,370

12,970

403,030

413,920

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

594,774

248,083

Taxation and social security

239

-

Other creditors

93,201

117,210

688,214

365,293

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

2,642,429

2,277,333

8.	RELATED PARTY DISCLOSURES

Included in other creditors is a loan from the directors of £90,790 (2024: £113,000) This loan is made interest free and is repayable upon demand.

Also included within creditors are loans from companies under common control of £594,774 (2024: £248,083) These loans are made interest free and are repayable upon demand.

During the year the company made purchases from companies under common control, amounting to £1,200,000 (2024: £1,407,000).

At the year end the company owed £2,429,333 (2024: £2,227,333) to a company controlled by parties related to the controlling parties of this company. The interest charged on this loan is 8% per annum.

During the year, the company received loans totalling £300,000 from a close family member of one of the directors. The loans are unsecured and bear interest at 8% per annum. At 31 October 2025, the balance outstanding was £213,095.89, including accrued interest of £13,095.89.