Castori Properties Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13096195 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Castori Properties Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

100

Investment property

5

513,426

509,838

513,526

509,938

CURRENT ASSETS

Debtors

6

2,178

1,028

Cash at bank

9,981

12,335

12,159

13,363

CREDITORS

Amounts falling due within one year

7

30,603

21,626

NET CURRENT LIABILITIES

(18,444

)

(8,263

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

495,082

501,675

CREDITORS

Amounts falling due after more than
one year

8

(491,588

)

(464,070

)

PROVISIONS FOR LIABILITIES

(4,418

)

(9,435

)

NET (LIABILITIES)/ASSETS

(924

)

28,170

CAPITAL AND RESERVES

Called up share capital

10

100

Fair value reserve

11

75,001

66,397

Retained earnings

(76,025

)

(38,327

)

SHAREHOLDERS' FUNDS

(924

)

28,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 31 October 2026 and were signed on its behalf by:

Ms Angela Snip - Director

1.	STATUTORY INFORMATION

Castori Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13096195

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

The company has net liabilities of £924. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

509,838

Revaluations

3,588

At 31 December 2025

513,426

NET BOOK VALUE

At 31 December 2025

513,426

At 31 December 2024

509,838

Fair value at 31 December 2025 is represented by:

£

Valuation in 2021

4,862

Valuation in 2022

1,200

Valuation in 2023

63,363

Valuation in 2024

6,407

Valuation in 2025

3,588

Cost

434,006

513,426

Investment property situated at 59 Westmorland Avenue, Blackpool, FY1 5PG is under a charge from Castle Trust Capital PLC. The charge was created on 31 March 2022.

Investment property situated at 200 Bridgend road, Maesteg, CF34 0NA is under a charge from Hampshire Trust Bank PLC. The charge was created on 19 December 2023.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed by group undertakings

825

555

Other debtors

1,353

473

2,178

1,028

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Other creditors

30,603

21,626

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.12.25

31.12.24

£

Bank loans

296,820

Other creditors

194,768

167,250

491,588

464,070

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

296,820

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

296,820

The loan amounting to £91,800 is secured by the way of charge on the property situated at 9 Westmorland Avenue, Blackpool, FY1 5PG (disclosed as investment property). The charge was created in the name of Castle Trust Capital PLC on 31 March 2022.

The loan amounting to £205,020 is secured by the way of charge on the property situated at 200 Bridgend road, Maesteg, CF34 0NA (disclosed as investment property). The charge was created in the name of PLC Hampshire Trust Bank PLC on 19 December 2023.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

£1

100

11.

RESERVES

Fair

value

reserve

£

At 1 January 2025

66,397

Transfer to/from reserves

8,604

At 31 December 2025

75,001

12.	RELATED PARTY DISCLOSURES

The company owes £97,982 including €110,316 (2024: £84,223 including €100,317) to its director, Mr Daniel Van Der Kleij who is also a 50% shareholder of the company as at accounting year end date.

The company owes £97,982 including €110,316 (2024: £84,223 including €100,317) to its director, Ms Angela Snip who is also a 50% shareholder of the company as at accounting year end date.