REGISTERED NUMBER: 15151195 (England and Wales)

CASTLE LOCH LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J C Morphet

D Alston

REGISTERED OFFICE:

South Lakeland House Main A6

Yealand Redmayne

Carnforth

Lancashire

LA5 9RN

REGISTERED NUMBER:

15151195 (England and Wales)

AUDITORS:

Rushtons

Chartered Accountants

Statutory Auditors

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

CURRENT ASSETS

Debtors

29,613,843

10,478,769

Cash at bank

41,954,356

61,026,338

71,568,199

71,505,107

CREDITORS

Amounts falling due within one year

36,245,198

71,288,443

NET CURRENT ASSETS

35,323,001

216,664

TOTAL ASSETS LESS CURRENT LIABILITIES

35,323,001

216,664

CAPITAL AND RESERVES

Called up share capital

31,000,100

100

Retained earnings

4,322,901

216,564

35,323,001

216,664

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 October 2026 and were signed on its behalf by:

D Alston - Director

1.	STATUTORY INFORMATION

Castle Loch Ltd 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

During the period £61m of the intercompany loan with Pure Leisure Group limited has been capitalised as share capital. £30m of this share capital has been cancelled to create distributable reserves

Turnover

As the company is a corporate lender of monies to third parties, turnover includes loan arrangement fees, receivable on the performance of duties carried out by Castle Loch, being that they have loaned the monies.Turnover also includes interest income on those loans, which is recognised in turnover as it accrues in accordance with the terms of the underlying loan agreements.

Other income largely comprises interest receivable from monies held on deposit.

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.

Going concern

The financial statements have been prepared on a going concern basis. The company is part of a large profitable group, which will continue to give support and does not intend to place the company under any undue pressure to repay any intercompany loans.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Calvert FCA (Senior Statutory Auditor)

for and on behalf of Rushtons

5.	RELATED PARTY DISCLOSURES

At the year end, there were amounts owing of £nil (2025 £13,750) to Bowland Properties Limited, a company owned by one of the directors.

6.	ULTIMATE CONTROLLING PARTY

The directors consider the ultimate parent undertaking to be Pure Leisure Group Limited, a company incorporated in the United Kingdom. The registered office address for the parent company is:

South Lakeland House

Main A6

Yealand Redmayne

Carnforth

Lancashire

LA5 9RN.

The ultimate controlling party is John Morphet by way of his controlling interest in the ultimate parent undertaking Pure Leisure Group Limited.

The smallest and largest group in which the results of the company are consolidated is that headed by Pure Leisure Group Limited. The consolidated accounts of this group are available to the public and may be obtained from:

The Registrar of Companies

Companies House

Crown Way

Cardiff

CF14 3UZ.