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REGISTERED NUMBER: 04869373 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 August 2016

for

CASTLE FINANCE DIRECT LIMITED
CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)






Contents of the Financial Statements
for the Year Ended 31 August 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

CASTLE FINANCE DIRECT LIMITED

Company Information
for the Year Ended 31 August 2016







DIRECTORS: Mr A Clayton
Ms J Clayton





SECRETARY: Mrs R Clayton





REGISTERED OFFICE: Office 261
51 Penfold Street
Birmingham
England
B2 4AY





REGISTERED NUMBER: 04869373 (England and Wales)





ACCOUNTANTS: Michael Martin Partnership Limited
Chartered Certified Accountants
3 Queen Street
Ashford
Kent
TN23 1RF
CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)

Balance Sheet
31 August 2016

31.8.16 31.8.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,261 6,413

CURRENT ASSETS
Cash at bank and in hand 436,141 237,706

CREDITORS
Amounts falling due within one year 3 141,432 41,750
NET CURRENT ASSETS 294,709 195,956
TOTAL ASSETS LESS CURRENT
LIABILITIES

296,970

202,369

CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and loss account 6 296,968 202,367
SHAREHOLDERS' FUNDS 296,970 202,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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.

The financial statements were approved by the Board of Directors on 19 May 2017 and were signed on its behalf
by:





Mr A Clayton - Director

CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)

Notes to the Financial Statements
for the Year Ended 31 August 2016

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).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on cost

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

2. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2015
and 31 August 2016 16,609
DEPRECIATION
At 1 September 2015 10,196
Charge for year 4,152
At 31 August 2016 14,348
NET BOOK VALUE
At 31 August 2016 2,261
At 31 August 2015 6,413

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.16 31.8.15
£    £   
Bank loans and overdrafts 505 505
Taxation and social security 45,986 40,840
Other creditors 94,941 405
141,432 41,750
CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2016

4. LOANS

An analysis of the maturity of loans is given below:

31.8.16 31.8.15
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 505 505
Other loans 2,731 (61,745 )
3,236 (61,240 )

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.16 31.8.15
value: £    £   
2 Ordinary £1 2 2

6. RESERVES
Profit
and loss
account
£   

At 1 September 2015 202,367
Profit for the year 169,601
Dividends (75,000 )
At 31 August 2016 296,968

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