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REGISTERED NUMBER: 10483019 (England and Wales)















Financial Statements for the Year Ended 30th November 2023

for

Kapital Asset Management Limited

Kapital Asset Management Limited (Registered number: 10483019)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kapital Asset Management Limited

Company Information
for the Year Ended 30th November 2023







DIRECTOR: Mr J W Kay





REGISTERED OFFICE: Ground Floor
Southway House
29 Southway
Colchester
Essex
CO2 7BA





REGISTERED NUMBER: 10483019 (England and Wales)

Kapital Asset Management Limited (Registered number: 10483019)

Balance Sheet
30th November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 171 228

CURRENT ASSETS
Debtors 5 18,446 18,335
Cash at bank 58,550 58,661
76,996 76,996
CREDITORS
Amounts falling due within one year 6 - 1
NET CURRENT ASSETS 76,996 76,995
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,167

77,223

PROVISIONS FOR LIABILITIES - 43
NET ASSETS 77,167 77,180

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 77,166 77,179
SHAREHOLDERS' FUNDS 77,167 77,180

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

Kapital Asset Management Limited (Registered number: 10483019)

Balance Sheet - continued
30th November 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 30th August 2024 and were signed by:





Mr J W Kay - Director


Kapital Asset Management Limited (Registered number: 10483019)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Kapital Asset Management 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1st December 2022
and 30th November 2023 1,274
DEPRECIATION
At 1st December 2022 1,046
Charge for year 57
At 30th November 2023 1,103
NET BOOK VALUE
At 30th November 2023 171
At 30th November 2022 228

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 18,446 18,335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 1

Kapital Asset Management Limited (Registered number: 10483019)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

7. RELATED PARTY DISCLOSURES

The controlling party is Mr J W Kay.