| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| FOR |
| CASTLELINE LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| FOR |
| CASTLELINE LIMITED |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| CASTLELINE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 13-14 Gelliwastad Road |
| Pontypridd |
| Rhondda Cynon Taf |
| CF37 2BW |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| STATEMENT OF FINANCIAL POSITION |
| 31 JANUARY 2026 |
| 31/1/26 | 31/1/25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31 JANUARY 2026 |
| The financial statements were approved by the director and authorised for issue on |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| 1. | STATUTORY INFORMATION |
| Castleline Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the total amount receivable by the company for rental income from its residential tenants during the year. For the purpose of the rent-to-rent business model, turnover does not include the rent paid to the original property owners, as this is a cost of sales rather than income earned from the company's own activity. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Freehold property |
| The directors acknowledge the need to assess appropriate depreciation policies based upon historical cost less residual value. The freehold property will be maintained to a high standard throughout the value in use period in order to meet industry regulations. The directors do not consider that the residual value of the freehold properties will reduce below the historical cost values. |
| Accordingly, the freehold properties have not been depreciated. |
| 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 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. |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2025 |
| Additions |
| At 31 January 2026 |
| DEPRECIATION |
| At 1 February 2025 |
| Charge for year |
| At 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| 4. | PROPERTY, PLANT AND EQUIPMENT - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| Additions |
| At 31 January 2026 |
| DEPRECIATION |
| Charge for year |
| At 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| Included within the net book value of motor vehicles is £27,573 connected to "Right-of-use" (ROU) assets held under operating lease arrangements. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/26 | 31/1/25 |
| £ | £ |
| Trade debtors |
| Amounts owed by connected company |
| Amounts recoverable on contract |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/26 | 31/1/25 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts (see note 8) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/1/26 | 31/1/25 |
| £ | £ |
| Bank loans |
| Hire purchase contracts (see note 8) |
| CASTLELINE LIMITED (REGISTERED NUMBER: 04640891) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under hire purchase fall due as follows: |
| 31/1/26 | 31/1/25 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| During this period, the company has entered into various lease agreements. |
| These arrangements have been capitalised by recognising a right-of-use asset and a corresponding lease liability measured at the present value of the future lease payments discounted at a rate of 8% per annum. |
| Total contractual payments under these arrangements amount to £30,080. |
| At the balance sheet date, the carrying amounts of these lease obligations are presented within Creditors as follows: |
| - HP/Lease Liabilities (Due within 1 year): £5,557 |
| - HP/Lease Liabilities (Due after more than 1 year): £17,179 |
| Total Present Value of Lease Liability: £22,736. |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31/1/26 | 31/1/25 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 22,736 | - |
| Bank overdrafts and loans from HSBC Bank PLC are secured by a fixed and floating charge over all the assets and undertakings of the company, including a negative pledge. |
| The Coronavirus Business Interruption Loan is materially secured by the government. |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/1/26 | 31/1/25 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Castleline Holdings Limited. |