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REGISTERED NUMBER: 10622622 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED

CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED (REGISTERED NUMBER: 10622622)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTOR: W J Baylis





REGISTERED OFFICE: Ground Floor
41 Paradise Walk
Chelsea
London
SW3 4JL





REGISTERED NUMBER: 10622622 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED (REGISTERED NUMBER: 10622622)

BALANCE SHEET
28TH FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,198 3,220

CURRENT ASSETS
Debtors 5 389,949 248,993
Cash at bank 151,679 293,964
541,628 542,957
CREDITORS
Amounts falling due within one year 6 488,029 497,276
NET CURRENT ASSETS 53,599 45,681
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,797

48,901

CREDITORS
Amounts falling due after more than one
year

7

34,585

50,096
NET ASSETS/(LIABILITIES) 30,212 (1,195 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 30,211 (1,196 )
30,212 (1,195 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED (REGISTERED NUMBER: 10622622)

BALANCE SHEET - continued
28TH FEBRUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th August 2024 and were signed by:





W J Baylis - Director


CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED (REGISTERED NUMBER: 10622622)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023


1. STATUTORY INFORMATION

Capital Residencies & Accommodation 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.

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.

The balance sheet shows that the company has net liabilities of £1,195. The director has indicated a clear awareness of the situation due to the coronavirus pandemic, and believes that preparation of the accounts on a going concern basis is appropriate. In order that the company may continue to meet its day to day working capital requirements, it is dependent on the continued financial support of stakeholders.

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

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED (REGISTERED NUMBER: 10622622)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2022 6,111
Additions 9,863
At 28th February 2023 15,974
DEPRECIATION
At 1st March 2022 2,891
Charge for year 1,885
At 28th February 2023 4,776
NET BOOK VALUE
At 28th February 2023 11,198
At 28th February 2022 3,220

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 223,812 110,411
Amounts owed by associates 48,101 -
Other debtors 118,036 138,582
389,949 248,993

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,122 -
Trade creditors 256,883 385,320
Taxation and social security 171,384 69,853
Other creditors 49,640 42,103
488,029 497,276

CAPITAL RESIDENCIES & ACCOMMODATION
LIMITED (REGISTERED NUMBER: 10622622)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 34,585 50,096

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2023 and 28th February 2022:

2023 2022
£    £   
W J Baylis
Balance outstanding at start of year 99,373 12,872
Amounts advanced 53,037 113,444
Amounts repaid (70,000 ) (26,943 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 82,410 99,373