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Company Registration No. 13137970 (England and Wales)
CAPITAL KARTS LONDON LIMITED Unaudited accounts for the year ended 31 January 2023
CAPITAL KARTS LONDON LIMITED Unaudited accounts Contents
Page
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CAPITAL KARTS LONDON LIMITED Company Information for the year ended 31 January 2023
Director
Matthew Holyfield
Company Number
13137970 (England and Wales)
Registered Office
P4 15 Cabot Square, Canary Wharf lONDON Cumbria E14 4QS United Kingdom
Accountants
Williams Stanley and Co
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CAPITAL KARTS LONDON LIMITED Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,674,659 
- 
Current assets
Debtors
95,863 
1 
Cash at bank and in hand
188,179 
- 
284,042 
1 
Creditors: amounts falling due within one year
(1,182,371)
- 
Net current (liabilities)/assets
(898,329)
1 
Total assets less current liabilities
776,330 
1 
Creditors: amounts falling due after more than one year
(661,654)
- 
Net assets
114,676 
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
114,675 
- 
Shareholders' funds
114,676 
1 
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 October 2023 and were signed on its behalf by
Matthew Holyfield Director Company Registration No. 13137970
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CAPITAL KARTS LONDON LIMITED Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
CAPITAL KARTS LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13137970. The registered office is P4 15 Cabot Square, , Canary Wharf, lONDON, Cumbria, E14 4QS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straigth Line
Fixtures & fittings
5% Straight Line
Computer equipment
25% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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CAPITAL KARTS LONDON LIMITED Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2022
- 
- 
- 
- 
- 
Additions
450,000 
383,284 
881,747 
23,152 
1,738,183 
At 31 January 2023
450,000 
383,284 
881,747 
23,152 
1,738,183 
Depreciation
Charge for the year
- 
28,648 
31,584 
3,292 
63,524 
At 31 January 2023
- 
28,648 
31,584 
3,292 
63,524 
Net book value
At 31 January 2023
450,000 
354,636 
850,163 
19,860 
1,674,659 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,024 
- 
Accrued income and prepayments
81,350 
- 
Other debtors
13,489 
1 
95,863 
1 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
27,908 
- 
Trade creditors
334,550 
- 
Amounts owed to group undertakings and other participating interests
375,720 
- 
Taxes and social security
8,337 
- 
Accruals
435,856 
- 
1,182,371 
- 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
661,654 
- 
8
Controlling party
The Ultimate Parent Company is Capital Karts Holdings Limited who own 100% of the share capital in the company.
9
Average number of employees
During the year the average number of employees was 22 (2022: 0).
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