Castle Boulevard Holdings Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09341297 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

Castle Boulevard Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Wright

J E Wright

REGISTERED OFFICE:

14 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HQ

BUSINESS ADDRESS:

7 Hertitage Mews

High Pavement

Nottingham

Nottinghamshire

NG1 1HN

REGISTERED NUMBER:

09341297 (England and Wales)

ACCOUNTANTS:

Botham Accounting Limited

Chartered Accountants

14 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HQ

FIXED ASSETS

Investments

4

102

102

Investment property

5

5,353,000

5,353,000

5,353,102

5,353,102

CURRENT ASSETS

Debtors

6

178,517

1,166,649

Cash at bank and in hand

16,359

58,005

194,876

1,224,654

CREDITORS

Amounts falling due within one year

7

2,328,133

3,366,314

NET CURRENT LIABILITIES

(2,133,257

)

(2,141,660

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,219,845

3,211,442

CREDITORS

Amounts falling due after more than one year

8

2,955,806

3,064,340

NET ASSETS

264,039

147,102

CAPITAL AND RESERVES

Called up share capital

10

4

4

Retained earnings

264,035

147,098

SHAREHOLDERS' FUNDS

264,039

147,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 29 May 2018 and were signed on its behalf by:

N J Wright - Director

1.	STATUTORY INFORMATION

Castle Boulevard Holdings 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Castle Boulevard Holdings Limited prepares its first set of financial statements that comply with FRS 102 section

1A for the year ended 31 August 2017. The date of transition for the company is 1 November 2015. The

transition to FRS 102 section 1A has not resulted in any changes to the figures reported in previous years.

Comparative figures are not entirely comparable as the previous accounts are for a short period running from 1

November 2015 to 31 August 2016

Preparation of consolidated financial statements

The financial statements contain information about Castle Boulevard Holdings 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.

Turnover

Turnover represents rents receivable for the period.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.	FIXED ASSET INVESTMENTS

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2016

and 31 August 2017

5,353,000

NET BOOK VALUE

At 31 August 2017

5,353,000

At 31 August 2016

5,353,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by group undertakings

174,900

1,166,649

Other debtors

3,617

-

178,517

1,166,649

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

108,534

103,892

Trade creditors

800

11,326

Taxation and social security

27,416

32,696

Other creditors

2,191,383

3,218,400

2,328,133

3,366,314

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

2,955,806

3,064,340

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,466,570

2,598,322

9.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank loans

3,064,340

3,168,232

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

4

Ordinary

£1

4

4