CAPITAL PARTNERS SA LTD

Company Registration Number:
13747815 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

CAPITAL PARTNERS SA LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

CAPITAL PARTNERS SA LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 2,107,528 2,107,528
Total fixed assets: 2,107,528 2,107,528
Current assets
Debtors:   5,000 5,000
Cash at bank and in hand: 726 726
Total current assets: 5,726 5,726
Net current assets (liabilities): 5,726 5,726
Total assets less current liabilities: 2,113,254 2,113,254
Provision for liabilities: (2,227,696) (2,162,116)
Total net assets (liabilities): (114,442) (48,862)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (114,542) (48,962)
Shareholders funds: (114,442) (48,862)

The notes form part of these financial statements

CAPITAL PARTNERS SA LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 January 2024
and signed on behalf of the board by:

Name: Mark Newton Keal
Status: Director

The notes form part of these financial statements

CAPITAL PARTNERS SA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts invoiced during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised when the seller obtains the right to consideration in exchange for its performance, usually on dispatch of the goods.

Other accounting policies

Basis of preparation and summary of significant accounting policies The financial statements have been prepared on the historical cost basis and in accordance with the Financial Reporting Standard for Smaller Entities (effective November 2022). Current taxation Current tax is recognised in the profit and loss account, except to the extent that it is attributable to a gain or loss that has been recognised directly in the statement of total recognised gains or losses. In this case, tax is recognised in this statement. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the balance sheet date. Provision for liabilities Provisions are recognised when it is probable that a present obligation exists, as a result of a past event, and a transfer of economic benefits is required in settlement that can be estimated reliably. Provisions are recorded at the best estimate of the expenditure required to settle the obligation at the balance sheet date. A review is carried out at each balance sheet date and the amount adjusted to reflect the current best estimate. Where discounting is used, the unwinding of the discount is recognised as a finance cost in the profit and loss account. FINANCIAL INSTRUMENTS Financial instruments are classified and accounted for according to the substance of contractual arrangements, as either financial assets, financial liabilities or equity instruments.

CAPITAL PARTNERS SA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

CAPITAL PARTNERS SA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Fixed investments

Unlisted investment

CAPITAL PARTNERS SA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Related party transactions

Name of the related party: Zelpy 1428 (Pty) Ltd
Relationship:
Holding company incorporated in South Africa
Description of the Transaction: The above loan is unsecured, bears interest at a variable rate and has no fixed term of repayment. The transaction was facilitated in order to invest into a property investment company in the UK.
£
Balance at 01 December 2022 2,162,116
Balance at 30 November 2023 2,227,696