Castello Holding Company Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 09093855 (England and Wales)

Financial Statements

for the Year Ended 31 August 2022

for

CASTELLO HOLDING COMPANY LIMITED

Page

Company Information

1

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

4

520,501

510,500

CURRENT ASSETS

Debtors

5

527,609

707,609

Cash at bank

99,103

52,744

626,712

760,353

CREDITORS

Amounts falling due within one year

6

107,599

236,900

NET CURRENT ASSETS

519,113

523,453

TOTAL ASSETS LESS CURRENT LIABILITIES

1,039,614

1,033,953

CAPITAL AND RESERVES

Called up share capital

7

593,625

749,325

Retained earnings

445,989

284,628

SHAREHOLDERS' FUNDS

1,039,614

1,033,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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 5 May 2023 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 (2021 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaki

£

COST

At 1 September 2021

632,491

Additions

10,001

At 31 August 2022

642,492

PROVISIONS

At 1 September 2021

and 31 August 2022

121,991

NET BOOK VALUE

At 31 August 2022

520,501

At 31 August 2021

510,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.22

31.8.21

£

£

Amounts owed by group undertakings

527,609

707,609

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.22

31.8.21

£

£

Amounts owed to group undertakings

10,001

-

Other creditors

96,568

83,570

Directors' current accounts

-

153,000

Accruals and deferred income

1,030

330

107,599

236,900

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.22

31.8.21

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

343,625

Redeemable

£1

343,625

499,325

593,625

749,325

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date Transonics PLC owe £527,609 (2021 : £707,609) to the company.