Accounts filed on 31-12-2014

trueSeacastle Limited053688762014-12-31-9041-79785959702215000150005959702214558041145567781456400014563800-1029-122910301230111114565029145650291456502914565029Basis of accounting The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Valuation of Investment Investment held as fixed assets are stated at cost less any provision for impairment. Deferred taxation Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed at the balance sheet date except that: - Deferred tax is not recognised on timing differences arising on revalued properties unless the group have entered into a binding sale agreement and is not proposing to take advantage of rollover reliefs and: - Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax balances are not discounted. Financial Instruments Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. 238150292381502992500009250000238150292381502992500009250000Ordinary1000001100000100000Ordinary11500015000150002015-07-22Mr A Kassamtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureSeacastle Limited2014-01-012014-12-31Seacastle Limited2013-01-012013-12-31Seacastle Limited2012-12-31Seacastle Limited2013-12-31Seacastle Limited2013-12-31Seacastle Limited2014-12-31 2015-08-04