REGISTERED NUMBER: 02751598 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Castlecove Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J P Malovany

SECRETARY:

C L Malovany

REGISTERED OFFICE:

42 Groveside

Great Bookham

Surrey

KT23 4LD

REGISTERED NUMBER:

02751598 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

650,000

650,000

650,000

650,000

CURRENT ASSETS

Debtors

6

12,911

4,312

Cash at bank

16,282

429

29,193

4,741

CREDITORS

Amounts falling due within one year

7

(41,314

)

(28,427

)

NET CURRENT LIABILITIES

(12,121

)

(23,686

)

TOTAL ASSETS LESS CURRENT LIABILITIES

637,879

626,314

PROVISIONS FOR LIABILITIES

(80,000

)

(80,000

)

NET ASSETS

557,879

546,314

CAPITAL AND RESERVES

Called up share capital

1,300

1,300

Share premium

128,700

128,700

Non-distributable reserve

402,741

402,741

Retained earnings

25,138

13,573

557,879

546,314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

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 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 director and authorised for issue on 19 August 2026 and were signed by:

J P Malovany - Director

1.	STATUTORY INFORMATION

Castlecove 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents rents receivable from third parties. The company is not registered for VAT. Rents received in respect of future periods are deferred within creditors in the Statement of Financial Position.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is stated at its fair value at the reporting end date. Fair value movements are recognised in the Income Statement.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 the 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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

and 31 March 2026

21,190

DEPRECIATION

At 1 April 2025

and 31 March 2026

21,190

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2025

and 31 March 2026

650,000

NET BOOK VALUE

At 31 March 2026

650,000

At 31 March 2025

650,000

Investment property comprises two flats. The fair value of the investment property has been arrived at on the basis of a valuation by the director, which is carried out annually. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

8,600

-

Other debtors

4,171

4,171

Prepayments

140

141

12,911

4,312

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

2,894

3,157

Other creditors

9,182

2,216

Accruals

29,238

23,054

41,314

28,427

8.	RELATED PARTY DISCLOSURES

During the year, management charges of £7,000 (2025: £7,000) were payable to a company under common control. Included within other creditors is a balance owing of £7,000 (2025: £nil). This balance is unsecured, interest free and repayable on demand.

Included in accruals are amounts in relation to a company under common control, relating to service charges, totalling £26,500 (2025: £20,400)

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.