Castletree Limited - Accounts to registrar (filleted) - small 18.2
Castletree Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 April 2018 |
| for |
| Castletree Limited |
| Castletree Limited (Registered number: 03875861) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2018 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Castletree Limited |
| Company Information |
| for the Year Ended 30 April 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Foresters Hall |
| 25/27 Westow Street |
| Upper Norwood |
| London |
| SE19 3RY |
| Castletree Limited (Registered number: 03875861) |
| Abridged Balance Sheet |
| 30 April 2018 |
| 30/4/18 | 30/4/17 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| Castletree Limited (Registered number: 03875861) |
| Abridged Balance Sheet - continued |
| 30 April 2018 |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on its behalf by: |
| Castletree Limited (Registered number: 03875861) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2018 |
| 1. | STATUTORY INFORMATION |
| Castletree Limited is a |
| 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 |
| Turnover |
| Turnover represents rents receivable excluding Value Added Tax. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures & fittings | - |
| Investment property, which is property held to earn rentals and for capital appreciation, is initially |
| recognised at cost, which includes the purchase cost and any directly attributable |
| expenditure.Subsequently it is measured at fair value at the reporting end date.The surplus or deficit |
| on revaluation is recognised in the profit and loss account. |
| 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. |
| Castletree Limited (Registered number: 03875861) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 3. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST OR VALUATION |
| At 1 May 2017 |
| Additions |
| At 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| Cost or valuation at 30 April 2018 is represented by: |
| Improvements |
| Investment | to | Fixtures |
| properties | property | & fittings | Totals |
| £ | £ | £ | £ |
| Valuation in 2010 | 1,192,830 | - | - | 1,192,830 |
| Valuation in 2014 | 1,321,253 | - | - | 1,321,253 |
| Valuation in 2017 | 1,390,000 | - | - | 1,390,000 |
| Cost | 3,631,135 | 3,181 | 310,499 | 3,944,815 |
| 7,535,218 | 3,181 | 310,499 | 7,848,898 |
| The company's freehold and leasehold properties are held as investments and have been included in |
| the accounts at the directors' valuation. They consider the market value of the investment properties to |
| be £7,535,218 as at 30 April 2018.These valuations reflect the valuation carried out by Lamberts |
| Chartered Surveyors during the year. |
| 4. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30/4/18 | 30/4/17 |
| £ | £ |
| Bank loans |
| The company's bank borrowings are secured by legal charges over its Investment Properties. |
| Castletree Limited (Registered number: 03875861) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 5. | RELATED PARTY DISCLOSURES |
| Woodcliff Ltd |
| During the year, the company provided management services to the sum of £28,750 ( 2017 £28,750) |
| to its associate company, Woodcliff Limited, incorporated in England. The amount due from |
| Woodcliff Limited at the balance sheet date was £28,750. |
| 6. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |