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REGISTERED NUMBER: 05855766 (England and Wales)






















CAPITAL AND DEVELOPMENT LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2021






CAPITAL AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 05855766)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


CAPITAL AND DEVELOPMENT LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: P A Dancer





SECRETARY: Mr. P A Dancer





REGISTERED OFFICE: Gothic House
Barker Gate
Nottingham
NG1 1JU





REGISTERED NUMBER: 05855766 (England and Wales)





ACCOUNTANTS: Keith Willis Associates Limited
Gothic House
Barker Gate
Nottingham
Nottinghamshire
NG1 1JU

CAPITAL AND DEVELOPMENT LIMITED

Report of the Accountants to the Director of
Capital and Development Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2021 set out on pages four to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Keith Willis Associates Limited
Gothic House
Barker Gate
Nottingham
Nottinghamshire
NG1 1JU


31 August 2022

CAPITAL AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 05855766)

Balance Sheet
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Investments 4 250,000 250,000

CURRENT ASSETS
Cash at bank 594 594

CREDITORS
Amounts falling due within one year 5 269,040 269,040
NET CURRENT LIABILITIES (268,446 ) (268,446 )
TOTAL ASSETS LESS CURRENT LIABILITIES (18,446 ) (18,446 )

CREDITORS
Amounts falling due after more than one year 6 400,000 400,000
NET LIABILITIES (418,446 ) (418,446 )

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 7 15,510 15,510
Retained earnings 7 (434,056 ) (434,056 )
SHAREHOLDERS' FUNDS (418,446 ) (418,446 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 31 August 2022 and were signed by:





P A Dancer - Director


CAPITAL AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 05855766)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2021


1. STATUTORY INFORMATION

Capital and Development 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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
loans
£   
At 1 January 2021
and 31 December 2021 250,000

The directors are satisfied that the aggregate value of the loans is not less than the aggregate amount at which they are stated in the company's accounts.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other creditors 269,040 269,040

CAPITAL AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 05855766)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Other creditors 400,000 400,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 400,000 400,000

7. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2021 (434,056 ) 15,510 (418,546 )
Profit for the year - -
At 31 December 2021 (434,056 ) 15,510 (418,546 )