CASTLEGATE 755 LIMITED
Company Registration No. 10254754 (England and Wales)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 DECEMBER 2018
PAGES FOR FILING WITH REGISTRAR
CASTLEGATE 755 LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CASTLEGATE 755 LIMITED
BALANCE SHEET
AS AT
27 DECEMBER 2018
27 December 2018
- 1 -
2018
2017
Notes
£
£
£
£
Fixed assets
Investments
2
2,250,000
2,250,000
Net assets
2,250,000
2,250,000
Capital and reserves
Called up share capital
2,250,000
2,250,000
Total equity
2,250,000
2,250,000
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 27 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 August 2019 and are signed on its behalf by:
Mr Nicholas Dodes
Director
Company Registration No. 10254754
CASTLEGATE 755 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 DECEMBER 2018
- 2 -
1
Accounting policies
Company information
Castlegate 755 Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
4 Royal Scot Road, Pride Park, Derby, DE24 8AJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section
399
of the
Companies Act 2006 not to prepare consolidated accounts
, on the basis that the group of which this is the parent qualifies as a small group
. The financial statements present information about the company as an individual entity and not about its group
.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial
period
. During
this time
the company received no income and incurred no expenditure and therefore no
profit and loss account
is presented
in these financial statements.
1.3
Fixed asset investments
Interests in subsidiaries
are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company
. Control is
the power to govern the financial and operating policies of
the
entity so as to obtain benefits from its activities.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
2
Fixed asset investments
2018
2017
£
£
Investments
2,250,000
2,250,000
CASTLEGATE 755 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 DECEMBER 2018
2
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 28 December 2017 & 27 December 2018
2,250,000
Carrying amount
At 27 December 2018
2,250,000
At 27 December 2017
2,250,000