REGISTERED NUMBER: 03473646 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

CASTLE HOMES OF WARWICK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R W Davis

Mr M Illum

Mr I A Collins

REGISTERED OFFICE:

1 Abbotsford House

Bridge Street

Kenilworth

Warwickshire

CV8 1BP

REGISTERED NUMBER:

03473646 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

13,643

17,677

Investments

5

1

1

13,644

17,678

CURRENT ASSETS

Stocks

771,133

786,719

Debtors

6

956,838

693,357

Cash at bank

23,767

17,443

1,751,738

1,497,519

CREDITORS

Amounts falling due within one year

7

1,286,461

1,097,603

NET CURRENT ASSETS

465,277

399,916

TOTAL ASSETS LESS CURRENT LIABILITIES

478,921

417,594

CREDITORS

Amounts falling due after more than one year

8

(240,000

)

(245,019

)

PROVISIONS FOR LIABILITIES

(2,584

)

(3,411

)

NET ASSETS

236,337

169,164

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

235,837

168,664

SHAREHOLDERS' FUNDS

236,337

169,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 28 August 2026 and were signed on its behalf by:

Mr R W Davis - Director

1.	STATUTORY INFORMATION

Castle Homes Of Warwick 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.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2024

7,789

23,200

6,445

37,434

Additions

-

-

395

395

At 30 November 2025

7,789

23,200

6,840

37,829

DEPRECIATION

At 1 December 2024

6,026

9,810

3,921

19,757

Charge for year

441

3,349

639

4,429

At 30 November 2025

6,467

13,159

4,560

24,186

NET BOOK VALUE

At 30 November 2025

1,322

10,041

2,280

13,643

At 30 November 2024

1,763

13,390

2,524

17,677

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 December 2024

and 30 November 2025

1

NET BOOK VALUE

At 30 November 2025

1

At 30 November 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

912,407

693,357

Other debtors

44,431

-

956,838

693,357

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,910

10,648

Trade creditors

139,925

79,152

Amounts owed to associates

358,000

191,000

Taxation and social security

66,673

48,035

Other creditors

713,953

768,768

1,286,461

1,097,603

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,019

Other creditors

240,000

240,000

240,000

245,019

9.	RELATED PARTY DISCLOSURES

Included in other debtors is a loan of £35,000 (2024 - £nil) to a company with a common director.

Other creditors includes amounts loaned to the company by its directors amounting to £582,831 (2024 :£659,831). These loans are made interest free and the directors have undertaken not to withdraw these funds for a period of 12 months from the date of signing the balance sheet.

Also included in other creditors are loans of £358,000 (2024: £191,000) from companies with common directors and shareholders. This loan is interest free and repayable on demand.

At the year end the company owed £240,000 (2024:£240,000) 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 made sales to companies under common control, amounting to £1,500,000 (2024: £957,000)). At the year end the company was owed £912,407 (2024: £693,357) by companies under common control.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Castle Homes of Warwick Real Estate Ltd.

At the balance sheet date the company was owed £ 139,300.00

(2024 - £112,500) by Castle Homes Warwick Real Estate Ltd.