Castlegate 715 Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08858846

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Castlegate 715 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Asplin

R D Birchall

P Isaacs

E Jones

REGISTERED OFFICE:

Yorke House

Arleston Way

Solihull

West Midlands

B90 4LH

REGISTERED NUMBER:

08858846

ACCOUNTANTS:

Cox & Co

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Investments

2

989,285

CURRENT ASSETS

Debtors

-

88,100

CREDITORS

Amounts falling due within one year

639,760

716,300

NET CURRENT LIABILITIES

(639,760

)

(628,200

)

TOTAL ASSETS LESS CURRENT LIABILITIES

349,525

361,085

CREDITORS

Amounts falling due after more than one
year

3

369,425

NET LIABILITIES

(19,900

)

(8,340

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

(20,900

)

(9,340

)

SHAREHOLDERS' FUNDS

(19,900

)

(8,340

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 September 2016 and were signed on its
behalf by:

P Isaacs - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Castlegate 715 Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

989,285

NET BOOK VALUE

At 31 December 2015

989,285

At 31 December 2014

989,285

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Business Juice Limited

Nature of business: Energy price comparison and switching services

%

Class of shares:

holding

Ordinary

100.00

31.12.15

31.8.15

£

Aggregate capital and reserves

1,652,283

1,292,688

Profit/(loss) for the year/period

359,595

(103,167

)

3.

CREDITORS

Creditors include an amount of £ 150,000 (31.12.14 - £ 150,000 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

1,350

Ordinary A

.50

675

650

Ordinary B

.50

325

1,000