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REGISTERED NUMBER: 07821011 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

City Cap Limited

City Cap Limited (Registered number: 07821011)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


City Cap Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: Dr G Druttman





SECRETARY:





REGISTERED OFFICE: 123 Cannon Street
London
EC4N 5AX





REGISTERED NUMBER: 07821011 (England and Wales)





ACCOUNTANTS: JG Accounting Services
Gravelye Farmhouse
Hanlye Lane
Cuckfield
West Sussex
RH17 5HR

City Cap Limited (Registered number: 07821011)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,575 12,351
11,575 12,351

CURRENT ASSETS
Stocks 2,300 2,300
Debtors 6 41,648 72,821
Cash at bank 555,643 432,771
599,591 507,892
CREDITORS
Amounts falling due within one year 7 26,336 36,450
NET CURRENT ASSETS 573,255 471,442
TOTAL ASSETS LESS CURRENT
LIABILITIES

584,830

483,793

CAPITAL AND RESERVES
Called up share capital 10,001 10,001
Retained earnings 574,829 473,792
584,830 483,793

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.

City Cap Limited (Registered number: 07821011)

Balance Sheet - continued
31 December 2021


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 14 September 2022 and were signed by:





Dr G Druttman - Director


City Cap Limited (Registered number: 07821011)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

City Cap 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


City Cap Limited (Registered number: 07821011)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2021
and 31 December 2021 400,000
AMORTISATION
At 1 January 2021
and 31 December 2021 400,000
NET BOOK VALUE
At 31 December 2021 -
At 31 December 2020 -

City Cap Limited (Registered number: 07821011)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2021 5,438 41,013 46,451
Additions - 4,395 4,395
At 31 December 2021 5,438 45,408 50,846
DEPRECIATION
At 1 January 2021 3,671 30,429 34,100
Charge for year 544 4,627 5,171
At 31 December 2021 4,215 35,056 39,271
NET BOOK VALUE
At 31 December 2021 1,223 10,352 11,575
At 31 December 2020 1,767 10,584 12,351

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 41,648 72,821

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors (1 ) 1,989
Taxation and social security 23,642 31,548
Other creditors 2,695 2,913
26,336 36,450