Silverfin false false 30/04/2024 01/05/2023 30/04/2024 Mr S Hunt 12/01/2024 24/10/2019 Mr A E Tutte 13/04/2018 29 July 2024 The principal activity of the Company during the financial year was to provide Non-Regulated Secured Loans and Asset Finance to a broad range of SME Businesses. 11308699 2024-04-30 11308699 bus:Director1 2024-04-30 11308699 bus:Director2 2024-04-30 11308699 2023-04-30 11308699 core:CurrentFinancialInstruments 2024-04-30 11308699 core:CurrentFinancialInstruments 2023-04-30 11308699 core:Non-currentFinancialInstruments 2024-04-30 11308699 core:Non-currentFinancialInstruments 2023-04-30 11308699 core:ShareCapital 2024-04-30 11308699 core:ShareCapital 2023-04-30 11308699 core:RevaluationReserve 2024-04-30 11308699 core:RevaluationReserve 2023-04-30 11308699 core:RetainedEarningsAccumulatedLosses 2024-04-30 11308699 core:RetainedEarningsAccumulatedLosses 2023-04-30 11308699 core:OtherResidualIntangibleAssets 2023-04-30 11308699 core:OtherResidualIntangibleAssets 2024-04-30 11308699 core:OtherPropertyPlantEquipment 2023-04-30 11308699 core:OtherPropertyPlantEquipment 2024-04-30 11308699 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-04-30 11308699 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-04-30 11308699 bus:OrdinaryShareClass1 2024-04-30 11308699 bus:OrdinaryShareClass2 2024-04-30 11308699 2023-05-01 2024-04-30 11308699 bus:FilletedAccounts 2023-05-01 2024-04-30 11308699 bus:SmallEntities 2023-05-01 2024-04-30 11308699 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11308699 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11308699 bus:Director1 2023-05-01 2024-04-30 11308699 bus:Director2 2023-05-01 2024-04-30 11308699 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-05-01 2024-04-30 11308699 2022-05-01 2023-04-30 11308699 core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 11308699 core:OtherPropertyPlantEquipment 2023-05-01 2024-04-30 11308699 core:Non-currentFinancialInstruments 2023-05-01 2024-04-30 11308699 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 11308699 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 11308699 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 11308699 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11308699 (England and Wales)

CAPINVEST (SECURITIES) LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

CAPINVEST (SECURITIES) LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

CAPINVEST (SECURITIES) LIMITED

BALANCE SHEET

As at 30 April 2024
CAPINVEST (SECURITIES) LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 3 0 4,956
Tangible assets 4 0 260
0 5,216
Current assets
Debtors
- due within one year 5 434,909 1,126,364
- due after more than one year 5 869,241 2,250,886
Cash at bank and in hand 112,076 85,093
1,416,226 3,462,343
Creditors: amounts falling due within one year 6 ( 249,090) ( 2,491,299)
Net current assets 1,167,136 971,044
Total assets less current liabilities 1,167,136 976,260
Creditors: amounts falling due after more than one year 7 ( 12,260) ( 23,210)
Provision for liabilities 0 ( 65)
Net assets 1,154,876 952,985
Capital and reserves
Called-up share capital 8 100 100
Revaluation reserve 0 ( 2,544 )
Profit and loss account 1,154,776 955,429
Total shareholders' funds 1,154,876 952,985

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of CapInvest (Securities) Limited (registered number: 11308699) were approved and authorised for issue by the Director on 29 July 2024. They were signed on its behalf by:

Mr A E Tutte
Director
CAPINVEST (SECURITIES) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
CAPINVEST (SECURITIES) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CapInvest (Securities) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Chatsworth House, Gannel Road, Newquay, TR7 2AG, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are initially recognised at cost. After initial recognition, intangible assets are measured using the revaluation model.
Cryptocurrency investments are to be revalued each year with gains/losses recognised in the Revaluation reserve.

Other intangible assets not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc. 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 01 May 2023 4,956 4,956
Disposals ( 4,956) ( 4,956)
At 30 April 2024 0 0
Accumulated amortisation
At 01 May 2023 0 0
At 30 April 2024 0 0
Net book value
At 30 April 2024 0 0
At 30 April 2023 4,956 4,956

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 May 2023 2,800 2,800
At 30 April 2024 2,800 2,800
Accumulated depreciation
At 01 May 2023 2,540 2,540
Charge for the financial year 260 260
At 30 April 2024 2,800 2,800
Net book value
At 30 April 2024 0 0
At 30 April 2023 260 260

5. Debtors

2024 2023
£ £
Debtors: amounts falling due within one year
Trade debtors 434,621 1,125,443
Other debtors 288 921
434,909 1,126,364
Debtors: amounts falling due after more than one year
Trade debtors 869,241 2,250,886

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,960 9,926
Trade creditors 96 0
Amounts owed to related parties 0 16,471
Taxation and social security 67,362 70,516
Other creditors 170,672 2,394,386
249,090 2,491,299

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 12,260 23,210

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
50 Ordinary A shares of £ 1.00 each 50 50
50 Ordinary B shares of £ 1.00 each 50 50
100 100