CAP CAPITAL INVESTMENTS LTD

Company Registration Number:
13948683 (England and Wales)

Unaudited statutory accounts for the year ended 9 February 2024

Period of accounts

Start date: 1 April 2023

End date: 9 February 2024

CAP CAPITAL INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 9 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CAP CAPITAL INVESTMENTS LTD

Directors' report period ended 9 February 2024

The directors present their report with the financial statements of the company for the period ended 9 February 2024

Principal activities of the company

Activities of venture and development capital companies



Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 9 February 2024

John William Sargent


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 February 2024

And signed on behalf of the board by:
Name: John William Sargent
Status: Director

CAP CAPITAL INVESTMENTS LTD

Profit And Loss Account

for the Period Ended 9 February 2024

10 months to 9 February 2024 13 months to 31 March 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 0 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 0
Tax: 0 0
Profit(or loss) for the financial year: 0 0

CAP CAPITAL INVESTMENTS LTD

Balance sheet

As at 9 February 2024

Notes 10 months to 9 February 2024 13 months to 31 March 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 4,454,752 0
Tangible assets: 4 1,410,671 0
Investments: 5 16,334,089 0
Total fixed assets: 22,199,512 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 14,923,419 37,122,931
Investments:   0 0
Total current assets: 14,923,419 37,122,931
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 14,923,419 37,122,931
Total assets less current liabilities: 37,122,931 37,122,931
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 37,122,931 37,122,931
Capital and reserves
Called up share capital: 37,122,931 37,122,931
Share premium account: 0 0
Other reserves: 0
Profit and loss account: 0 0
Total Shareholders' funds: 37,122,931 37,122,931

The notes form part of these financial statements

CAP CAPITAL INVESTMENTS LTD

Balance sheet statements

For the year ending 9 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 16 February 2024
and signed on behalf of the board by:

Name: John William Sargent
Status: Director

The notes form part of these financial statements

CAP CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 9 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    The company has not accounted for year end depreciation provisions because the items have been registered in this current accounting period.

    Intangible fixed assets amortisation policy

    As it is real estate it will be revalued every year

    Valuation information and policy

    Intangible assets are initially valued at cost, whether this is the acquisition price or the production cost. The cost of intangible assets acquired through combining businesses is their fair value as at the date of acquisition.After initial recognition, intangible assets are valued at cost, less accumulated amortization and, where applicable, the accumulated amount of impairment corrections recorded.Patents, licenses, trademarks and similarIndustrial property rights are valued by the costs incurred to obtain ownership or the right to use or to grant the use of the different manifestations thereof, provided that, due to the economic conditions derived from the contract, they must be inventoried. They are subject to amortization, according to their useful life, and valuation correction for impairment.Impairment in the value of intangible assetsAt the end of the year or whenever there are indications of value losses, the company reviews the book values of its intangible assets to determine if there are indications that said assets have suffered a loss due to impairment.The recoverable amount is the higher value between the fair value less the cost of sale and the value in use.To estimate value in use, the company prepares forecasts of future pre-tax cash flows based on the most recent budgets approved by the Directors. When assessing value in use, estimated future cash flows are discounted to their present value using a risk-free market interest rate, adjusted for asset-specific risks that have not been taken into account when estimating future cash flows. .For the valuation of real estate investments, the criteria of tangible assets for land and buildings are used, which are the following:Unbuilt plots are valued at their acquisition price plus lead-in expenses, such as closures, earthworks, sanitation and drainage works, demolition of buildings when necessary to be able to carry out new construction, inspection expenses and drawing up of plans when they are carried out prior to its acquisition, as well as the initial estimate of the current value of the present obligations derived from the costs of rehabilitation of the site.Construction is valued at acquisition price or production cost, including those installations and elements that are permanent, by the rates inherent for construction and optional project and construction management fees.Long and short term financial investmentsLoans and accounts receivable: are recorded at their amortized cost, corresponding to the cash delivered, less the principal repayments made, plus the accrued interest not collected in the case of loans, and the current value of the consideration made in the case of accounts Writing down financial assetsThe Company writes down financial assets when they expire or the rights to the cash flows of the corresponding financial asset have been transferred and the risks and benefits inherent to its ownership have been substantially transferred. Cash and other liquid equivalentsUnder this heading on the attached Balance Sheet, cash in hand and at banks, demand deposits and other short-term investments with maturities of less than three months of high liquidity that are quickly realized in cash and that have no risk of changes in its value.Financial liabilitiesLoans, obligations and similar are initially recorded at the amount received, net of costs incurred in the transaction. Financial expenses, including premiums payable on settlement or redemption and transaction costs, are recognized in the profit and loss account on an accrual basis using the effective interest method. The accrued and unsettled amount is added to the carrying amount of the instrument to the extent that they are not settled in the period in which they occur.Accounts payable are initially recorded at market cost and are subsequently valued at amortized cost using the effective interest rate method.Transactions in foreign currencyTransactions carried out in foreign currency are recorded in the company's functional currency, pounds sterling, and at the exchange rates in effect at the time of the transaction.Income and expensesIncome and expenses are allocated based on the accrual criteria regardless of the moment in which the monetary or financial flow derived from them occurs. However, the company only records the profits made as of the year-end date, while foreseeable risks and losses, even if eventual, are recorded as soon as they are known.Provisions and contingenciesObligations existing at the date of the Balance Sheet arising as a consequence of past events from which financial losses may arise for the company, the amount and time of cancellation of which are undetermined, are recorded in the Balance Sheet as provisions for the current value of the greater amount. It is estimated that the company will have to disburse to settle the obligation.

CAP CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 9 February 2024

  • 2. Employees

    10 months to 9 February 2024 13 months to 31 March 2023
    Average number of employees during the period 1 1

CAP CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 9 February 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2023 0 0
Additions 4,454,752 4,454,752
Disposals
Revaluations
Transfers
At 9 February 2024 4,454,752 4,454,752
Amortisation
At 1 April 2023 0 0
Charge for year
On disposals
Other adjustments
At 9 February 2024 0 0
Net book value
At 9 February 2024 4,454,752 4,454,752
At 31 March 2023 0 0

CAP CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 9 February 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 0 0 0 0 0 0
Additions 1,410,671 1,410,671
Disposals
Revaluations
Transfers
At 9 February 2024 1,410,671 0 0 0 0 1,410,671
Depreciation
At 1 April 2023 0 0 0 0 0 0
Charge for year
On disposals
Other adjustments
At 9 February 2024 0 0 0 0 0 0
Net book value
At 9 February 2024 1,410,671 0 0 0 0 1,410,671
At 31 March 2023 0 0 0 0 0 0

CAP CAPITAL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 9 February 2024

5. Fixed assets investments note

Industrial units in Spain