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Company Registration No. 13137970 (England and Wales)
CAPITAL KARTS LONDON LIMITED Unaudited accounts for the year ended 31 January 2024
CAPITAL KARTS LONDON LIMITED Unaudited accounts Contents
Page
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CAPITAL KARTS LONDON LIMITED Company Information for the year ended 31 January 2024
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 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,039,762 
1,674,659 
Current assets
Debtors
233,653 
95,863 
Cash at bank and in hand
28,463 
188,179 
262,116 
284,042 
Creditors: amounts falling due within one year
(1,345,798)
(1,182,371)
Net current liabilities
(1,083,682)
(898,329)
Total assets less current liabilities
956,080 
776,330 
Creditors: amounts falling due after more than one year
(323,298)
(661,654)
Net assets
632,782 
114,676 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
632,781 
114,675 
Shareholders' funds
632,782 
114,676 
For the year ending 31 January 2024 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 27 February 2024 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 2024
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 2024
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 2023
450,000 
383,284 
881,747 
23,152 
1,738,183 
Additions
100,000 
214,872 
177,132 
32,567 
524,571 
At 31 January 2024
550,000 
598,156 
1,058,879 
55,719 
2,262,754 
Depreciation
At 1 February 2023
- 
28,648 
31,584 
3,292 
63,524 
Charge for the year
- 
104,592 
47,242 
7,634 
159,468 
At 31 January 2024
- 
133,240 
78,826 
10,926 
222,992 
Net book value
At 31 January 2024
550,000 
464,916 
980,053 
44,793 
2,039,762 
At 31 January 2023
450,000 
354,636 
850,163 
19,860 
1,674,659 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,024 
Accrued income and prepayments
233,653 
81,350 
Other debtors
- 
13,489 
233,653 
95,863 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
80,300 
27,908 
Trade creditors
894,320 
334,550 
Amounts owed to group undertakings and other participating interests
375,720 
375,720 
Taxes and social security
(217,950)
8,337 
Accruals
213,408 
435,856 
1,345,798 
1,182,371 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
323,298 
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 27 (2023: 22).
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