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REGISTERED NUMBER: 13813535 (England and Wales)















Unaudited Financial Statements

for the period

22 December 2021 to 31 March 2023

for

CAPSOL FINANCE LIMITED

CAPSOL FINANCE LIMITED (REGISTERED NUMBER: 13813535)

Contents of the Financial Statements
for the period 22 December 2021 to 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

CAPSOL FINANCE LIMITED

Company Information
for the period 22 December 2021 to 31 March 2023







Directors: A R Richards
G E A Schroeder





Secretary:





Registered office: Parkshot House
5 Kew Road
Richmond
London
TW9 2PR





Registered number: 13813535 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY

CAPSOL FINANCE LIMITED (REGISTERED NUMBER: 13813535)

Balance Sheet
31 March 2023

Notes £ £
Fixed assets
Tangible assets 4 12,077

Current assets
Debtors 5 32,232
Cash at bank 41,984
74,216
Creditors
Amounts falling due within one year 6 395,377
Net current liabilities (321,161 )
Total assets less current liabilities (309,084 )

Capital and reserves
Called up share capital 7 100
Retained earnings (309,184 )
Shareholders' funds (309,084 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

CAPSOL FINANCE LIMITED (REGISTERED NUMBER: 13813535)

Balance Sheet - 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:




G E A Schroeder - Director



A R Richards - Director


CAPSOL FINANCE LIMITED (REGISTERED NUMBER: 13813535)

Notes to the Financial Statements
for the period 22 December 2021 to 31 March 2023


1. Statutory information

Capsol Finance 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

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

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

3. Employees and directors

The average number of employees during the period was 3 .

CAPSOL FINANCE LIMITED (REGISTERED NUMBER: 13813535)

Notes to the Financial Statements - continued
for the period 22 December 2021 to 31 March 2023


4. Tangible fixed assets
Office
equipment
£
Cost
Additions 15,096
At 31 March 2023 15,096
Depreciation
Charge for period 3,019
At 31 March 2023 3,019
Net book value
At 31 March 2023 12,077

5. Debtors: amounts falling due within one year
£
Other debtors 4,921
VAT 13,311
Prepayments 14,000
32,232

6. Creditors: amounts falling due within one year
£
Trade creditors 21,330
Amounts owed to group undertakings 359,718
Social security and other taxes 11,453
Directors' current accounts 1,676
Accrued expenses 1,200
395,377

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £
10,000 Ordinary 0.01 100

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Capsol Finance Limited


The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Capsol Finance Limited for the period ended 31 March 2023 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Capsol Finance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Capsol Finance Limited and state those matters that we have agreed to state to the Board of Directors of Capsol Finance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Capsol Finance Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Capsol Finance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Capsol Finance Limited. You consider that Capsol Finance Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Capsol Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY


20 October 2023