IRIS Accounts Production v23.1.5.20 03726855 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037268552022-03-31037268552023-03-31037268552022-04-012023-03-31037268552021-03-31037268552021-04-012022-03-31037268552022-03-3103726855ns15:EnglandWales2022-04-012023-03-3103726855ns14:PoundSterling2022-04-012023-03-3103726855ns10:Director12022-04-012023-03-3103726855ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3103726855ns10:SmallEntities2022-04-012023-03-3103726855ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3103726855ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103726855ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3103726855ns10:FullAccounts2022-04-012023-03-310372685512022-04-012023-03-3103726855ns10:OrdinaryShareClass12022-04-012023-03-3103726855ns10:Director22022-04-012023-03-3103726855ns10:CompanySecretary12022-04-012023-03-3103726855ns10:RegisteredOffice2022-04-012023-03-3103726855ns5:CurrentFinancialInstruments2023-03-3103726855ns5:CurrentFinancialInstruments2022-03-3103726855ns5:Non-currentFinancialInstruments2023-03-3103726855ns5:Non-currentFinancialInstruments2022-03-3103726855ns5:ShareCapital2023-03-3103726855ns5:ShareCapital2022-03-3103726855ns5:RetainedEarningsAccumulatedLosses2023-03-3103726855ns5:RetainedEarningsAccumulatedLosses2022-03-3103726855ns5:NetGoodwill2022-04-012023-03-3103726855ns5:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3103726855ns5:ShortLeaseholdAssetsns5:LandBuildings2022-04-012023-03-3103726855ns5:PlantMachinery2022-04-012023-03-3103726855ns5:NetGoodwill2022-03-3103726855ns5:NetGoodwill2023-03-3103726855ns5:NetGoodwill2022-03-3103726855ns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-3103726855ns5:PlantMachinery2022-03-3103726855ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3103726855ns5:PlantMachinery2023-03-3103726855ns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-3103726855ns5:PlantMachinery2022-03-3103726855ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103726855ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3103726855ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3103726855ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3103726855ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3103726855ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-3103726855ns5:DeferredTaxation2022-03-3103726855ns5:DeferredTaxation2022-04-012023-03-3103726855ns5:DeferredTaxation2023-03-3103726855ns10:OrdinaryShareClass12023-03-3103726855ns5:RetainedEarningsAccumulatedLosses2022-03-3103726855ns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 03726855 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

CAPRILLO LIMITED

CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CAPRILLO LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Balraj Singh Chohan
Manju Chohan



SECRETARY: Balraj Singh Chohan



REGISTERED OFFICE: 81 Collingwood Drive
Great Barr
Birmingham
West Midlands
B43 7JW



REGISTERED NUMBER: 03726855 (England and Wales)



ACCOUNTANTS: Brindleys Limited
Chartered Accountants
2 Wheeleys Road
Edgbaston
Birmingham
B15 2LD



BANKERS: National Westminster Bank Plc
Highfield Road
Chamber of Commerce House
36 Highfield Road, Edgbaston
Birmingham
West Midlands
B15 3BJ

CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 144,860 163,101
144,860 163,101

CURRENT ASSETS
Stocks 6 96,192 95,558
Debtors 7 161,612 187,817
Cash at bank and in hand 466,426 455,557
724,230 738,932
CREDITORS
Amounts falling due within one year 8 167,614 209,642
NET CURRENT ASSETS 556,616 529,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

701,476

692,391

CREDITORS
Amounts falling due after more than one year 9 (21,807 ) (31,827 )

PROVISIONS FOR LIABILITIES 11 (4,257 ) (3,432 )
NET ASSETS 675,412 657,132

CAPITAL AND RESERVES
Called up share capital 12 2 2
Retained earnings 13 675,410 657,130
SHAREHOLDERS' FUNDS 675,412 657,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)

Statement of Financial Position - continued
31 March 2023


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 Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





Balraj Singh Chohan - Director


CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Caprillo 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 1999, is being amortised evenly over its estimated useful life of twenty 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.
Short leasehold - 5% on straight line basis
Plant and machinery - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

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.

Holiday pay
Holiday pay is recognised as an expense in the period in which the service is received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 96,500
AMORTISATION
At 1 April 2022
and 31 March 2023 96,500
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 April 2022 259,503 187,781 447,284
Additions - 410 410
At 31 March 2023 259,503 188,191 447,694
DEPRECIATION
At 1 April 2022 118,696 165,487 284,183
Charge for year 12,975 5,676 18,651
At 31 March 2023 131,671 171,163 302,834
NET BOOK VALUE
At 31 March 2023 127,832 17,028 144,860
At 31 March 2022 140,807 22,294 163,101

CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. STOCKS
2023 2022
£    £   
Stocks 96,192 95,558

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 89,527 120,342
Other debtors 1,016 2,104
VAT 69,516 62,476
Prepayments 1,553 2,895
161,612 187,817

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 10) 9,840 9,840
Trade creditors 87,045 139,731
Corporation tax 10,608 24,898
Social security and other taxes 5,874 2,613
Other creditors 945 1,109
Directors' current accounts 575 1,685
Accrued expenses 52,727 29,766
167,614 209,642

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 10) 21,807 31,827

10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loan 9,840 9,840

Amounts falling due between one and two years:
Bank loans - 1-2 years 9,840 9,840

CAPRILLO LIMITED (REGISTERED NUMBER: 03726855)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

10. LOANS - continued
2023 2022
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 11,967 21,987

11. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 4,257 3,432

Deferred
tax
£   
Balance at 1 April 2022 3,432
Provided during year 825
Balance at 31 March 2023 4,257

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

13. RESERVES
Retained
earnings
£   

At 1 April 2022 657,130
Profit for the year 26,280
Dividends (8,000 )
At 31 March 2023 675,410