Company Registration No. 06117427 (England and Wales)
Capital Flights Limited
Unaudited accounts
for the year ended 30 June 2023
Capital Flights Limited
Unaudited accounts
Contents
Capital Flights Limited
Company Information
for the year ended 30 June 2023
Company Number
06117427 (England and Wales)
Registered Office
16 PRINCES PARK AVENUE
HAYES
MIDDLESEX
UB3 1LD
Accountants
SAAP & Associates Limited
Thames House, 2nd Floor
3 Wellington Street
London
SE18 6NY
Capital Flights Limited
Statement of financial position
as at 30 June 2023
Tangible assets
8,913
10,615
Cash at bank and in hand
55,842
63,064
Creditors: amounts falling due within one year
(21,734)
(23,513)
Net current assets
34,108
39,551
Total assets less current liabilities
43,021
50,166
Creditors: amounts falling due after more than one year
(38,598)
(44,360)
Called up share capital
100
100
Profit and loss account
4,323
5,706
Shareholders' funds
4,423
5,806
For the year ending 30 June 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 15 January 2024 and were signed on its behalf by
Ejaz Ahmed Bal
Director
Company Registration No. 06117427
Capital Flights Limited
Notes to the Accounts
for the year ended 30 June 2023
Capital Flights Limited is a private company, limited by shares, registered in England and Wales, registration number 06117427. The registered office is 16 PRINCES PARK AVENUE, HAYES, MIDDLESEX, UB3 1LD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
25,183
3,248
28,431
At 30 June 2023
25,183
3,774
28,957
At 1 July 2022
14,868
2,948
17,816
Charge for the year
2,063
165
2,228
At 30 June 2023
16,931
3,113
20,044
At 30 June 2023
8,252
661
8,913
At 30 June 2022
10,315
300
10,615
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,587
454
Proposed dividends
8,500
10,000
Other creditors
4,647
6,885
Loans from directors
7,380
6,713
Capital Flights Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).