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 2020

for

CASTELLO HOLDING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

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

4

510,500

510,500

CURRENT ASSETS

Debtors

5

1,112,609

1,827,359

Cash at bank

405,861

40,476

1,518,470

1,867,835

CREDITORS

Amounts falling due within one year

6

185,598

74,898

NET CURRENT ASSETS

1,332,872

1,792,937

TOTAL ASSETS LESS CURRENT LIABILITIES

1,843,372

2,303,437

CAPITAL AND RESERVES

Called up share capital

7

1,422,875

1,787,500

Retained earnings

420,497

515,937

SHAREHOLDERS' FUNDS

1,843,372

2,303,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 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 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 director and authorised for issue on 26 April 2021 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 September 2019

and 31 August 2020

632,491

PROVISIONS

At 1 September 2019

and 31 August 2020

121,991

NET BOOK VALUE

At 31 August 2020

510,500

At 31 August 2019

510,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Amounts owed by group undertakings

1,107,609

1,827,359

Other debtors

5,000

-

1,112,609

1,827,359

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Other creditors

74,568

8,000

Directors' current accounts

109,700

66,568

Accruals and deferred income

1,330

330

185,598

74,898

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.20

31.8.19

value:

£

£

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

1,172,875

Redeemable

£1

1,172,875

1,537,500

1,422,875

1,787,500

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet the company owe £109,700 (2019 : £66,568) to Mr Daniel Alex French.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £109,700 were paid to the director .

As at the balance sheet date Transonics PLC owe £1,107,609 (2019 : £1,757,359) to the company and Lewmax Programming owe £Nil (2019 : 70,000) to the company.