Castello Holding Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09093855 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2018

for

CASTELLO HOLDING COMPANY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D A French

SECRETARY:

D A French

REGISTERED OFFICE:

Breakspear Park

Breakspear Way

Hemel Hempstead

Hertfordshire

HP2 4UL

REGISTERED NUMBER:

09093855 (England and Wales)

ACCOUNTANTS:

JLA (UK) Ltd

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investments

3

510,500

510,500

CURRENT ASSETS

Debtors

1,874,609

124,609

Cash at bank

50,685

3,482

1,925,294

128,091

CREDITORS

Amounts falling due within one year

67,117

68,413

NET CURRENT ASSETS

1,858,177

59,678

TOTAL ASSETS LESS CURRENT LIABILITIES

2,368,677

570,178

CAPITAL AND RESERVES

Called up share capital

4

2,069,750

250,000

Retained earnings

5

298,927

320,178

SHAREHOLDERS' FUNDS

2,368,677

570,178

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2018 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 director on 15 April 2019 and were signed by:

D A French - Director

1.	STATUTORY INFORMATION

Castello Holding Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for

impairment.

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.

3.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 September 2017

and 31 August 2018

632,491

PROVISIONS

At 1 September 2017

and 31 August 2018

121,991

NET BOOK VALUE

At 31 August 2018

510,500

At 31 August 2017

510,500

4.	CALLED UP SHARE CAPITAL

**ERROR - CONFLICTS FOUND BETWEEN POSTINGS AND SHARE REGISTER - PLEASE REVIEW

EXCEPTION REPORT (EXR).

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.18

31.8.17

value:

£

£

NIL

Ordinary

£1

-

-

127,500

A Ordinary

£1

127,500

127,500

64,550

B Ordinary

£1

64,550

64,550

27,500

C Ordinary

£1

27,500

27,500

17,950

D Ordinary

£1

17,950

17,950

12,500

E Ordinary

£1

12,500

12,500

1,819,750

Redeemable

£1

1,819,750

-

2,069,750

250,000

The following shares were issued during the year for cash at par :

1,900,000 Redeemable shares of £1

5.

RESERVES

Retained

earnings

£

At 1 September 2017

320,178

Profit for the year

1,895,549

Dividends

(1,916,800

)

At 31 August 2018

298,927