Castle Sports Lounge Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15415863

Castle Sports Lounge Limited

Filleted Unaudited Financial Statements

For the year ending

31 January 2026

Castle Sports Lounge Limited

Financial Statements

Year ended 31 January 2026

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 6

Castle Sports Lounge Limited

Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	218,238	199,756

Current assets

Stocks		26,031	30,795
Debtors	6	28,465	9,472
Cash at bank and in hand		86,717	74,865
		---------	---------
		141,213	115,132

Creditors: amounts falling due within one year	7	207,095	193,105
		---------	---------
Net current liabilities		65,882	77,973
		---------	---------
Total assets less current liabilities		152,356	121,783

Provisions	15,000	6,150
	---------	---------
Net assets	137,356	115,633
	---------	---------

Capital and reserves

Called up share capital	100,000	100,000
Profit and loss account	37,356	15,633
	---------	---------
Shareholders funds	137,356	115,633
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Castle Sports Lounge Limited

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

Mr N Buckler

Director

Company registration number: 15415863

Castle Sports Lounge Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Council Chambers, Halford Street, Tamworth, Staffordshire, B79 7RB, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Operating leases

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

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Improvement to property	-	Evenly over the period of the lease
Plant and equipment	-	20% reducing balance
Gaming equipment	-	25% reducing balance
Computer equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2025: 14 ).

5. Tangible assets

	Improvements to property	Plant and equipment	Gaming equipment	Computer equipment	Total
	£	£	£	£	£
Cost
At 1 February 2025	48,221	73,690	100,552	2,842	225,305
Additions	7,900	56,621	7,275	3,577	75,373
Disposals	–	–	( 8,333)	–	( 8,333)
	--------	---------	---------	-------	---------
At 31 January 2026	56,121	130,311	99,494	6,419	292,345
	--------	---------	---------	-------	---------
Depreciation
At 1 February 2025	2,344	8,072	14,912	221	25,549
Charge for the year	4,809	22,359	22,709	938	50,815
Disposals	–	–	( 2,257)	–	( 2,257)
	--------	---------	---------	-------	---------
At 31 January 2026	7,153	30,431	35,364	1,159	74,107
	--------	---------	---------	-------	---------
Carrying amount
At 31 January 2026	48,968	99,880	64,130	5,260	218,238
	--------	---------	---------	-------	---------
At 31 January 2025	45,877	65,618	85,640	2,621	199,756
	--------	---------	---------	-------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	12,126	5,278
Other debtors	16,339	4,194
	--------	-------
	28,465	9,472
	--------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	10,043	15,749
Social security and other taxes	38,870	20,055
Other creditors	158,182	157,301
	---------	---------
	207,095	193,105
	---------	---------

8. Other financial commitments

The company had total commitments at the balance sheet date of £1,162,755 (2025: £1,262,755). £1,161,666 is in respect of rent for the property from which the company operates which expires on 30 June 2036. N Buckler is a personal guarantor until 30 June 2027.

9. Related party transactions

Other creditors includes an amount due to the directors of £129,326 (2025: £129,326).