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REGISTERED NUMBER: 04869373 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2018

FOR

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






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2018




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 2018







DIRECTORS: 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 2018 Limited
Chartered Certified Accountants
3 Queen Street
Ashford
Kent
TN23 1RF
CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)

BALANCE SHEET
31 August 2018

31.8.18 31.8.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 287 2,636

CURRENT ASSETS
Debtors 5 119,000 111,000
Cash at bank and in hand 260,946 344,470
379,946 455,470
CREDITORS
Amounts falling due within one year 6 90,590 152,834
NET CURRENT ASSETS 289,356 302,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

289,643

305,272

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 289,641 305,270
SHAREHOLDERS' FUNDS 289,643 305,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 May 2019 and were signed on its
behalf by:





Ms J Clayton - Director

CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2018

1. STATUTORY INFORMATION

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

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

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 6 (2017 - 6 ) .
CASTLE FINANCE DIRECT LIMITED (REGISTERED NUMBER: 04869373)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2017
and 31 August 2018 19,333
DEPRECIATION
At 1 September 2017 16,697
Charge for year 2,349
At 31 August 2018 19,046
NET BOOK VALUE
At 31 August 2018 287
At 31 August 2017 2,636

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.18 31.8.17
£    £   
Other debtors 119,000 111,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.18 31.8.17
£    £   
Bank loans and overdrafts - 505
Trade creditors 1 -
Taxation and social security 3,600 8,918
Other creditors 86,989 143,411
90,590 152,834

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