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REGISTERED NUMBER: 06271689 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CAPITAL SERVICE FACILITIES LIMITED

CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAPITAL SERVICE FACILITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Miss S A Pope
Miss S Waite





SECRETARY: Miss S A Pope





REGISTERED OFFICE: Jackson House
Station Road
Chingford
London
E4 7BU





REGISTERED NUMBER: 06271689 (England and Wales)





ACCOUNTANTS: Barrow LLP
Chartered Accountants
Jackson House
Station Road
Chingford
London
E4 7BU

CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 211,966 41,663
Investments 6 201 201
212,167 41,864

CURRENT ASSETS
Stocks 103,475 216,579
Debtors 7 375,552 267,953
Cash at bank 669,869 554,838
1,148,896 1,039,370
CREDITORS
Amounts falling due within one year 8 (409,764 ) (271,132 )
NET CURRENT ASSETS 739,132 768,238
TOTAL ASSETS LESS CURRENT LIABILITIES 951,299 810,102

CREDITORS
Amounts falling due after more than one year 9 (254,913 ) (311,164 )

PROVISIONS FOR LIABILITIES (47,163 ) (7,916 )

ACCRUALS AND DEFERRED INCOME (331,211 ) (292,576 )
NET ASSETS 318,012 198,446

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 317,912 198,346
SHAREHOLDERS' FUNDS 318,012 198,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

BALANCE SHEET - continued
31 MARCH 2024


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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by:




Miss S A Pope - Director



Miss S Waite - Director


CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Capital Service Facilities 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost, 25% on reducing balance and Straight line over 5 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.


CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 27 ) .

CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 211,782
Additions 210,041
At 31 March 2024 421,823
DEPRECIATION
At 1 April 2023 170,119
Charge for year 39,738
At 31 March 2024 209,857
NET BOOK VALUE
At 31 March 2024 211,966
At 31 March 2023 41,663

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 41,950
DEPRECIATION
At 1 April 2023 13,074
Charge for year 7,219
At 31 March 2024 20,293
NET BOOK VALUE
At 31 March 2024 21,657
At 31 March 2023 28,876

CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 201
NET BOOK VALUE
At 31 March 2024 201
At 31 March 2023 201

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 323,021 216,794
Other debtors 52,531 51,159
375,552 267,953

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 6,251 5,917
Trade creditors 86,616 61,701
Taxation and social security 185,400 159,941
Other creditors 131,497 43,573
409,764 271,132

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 4,913 11,164
Other creditors 250,000 300,000
254,913 311,164

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Hire purchase contracts 11,164 17,081

Amounts due under hire purchase agreements are secured on the assets to which the agreements relate.

CAPITAL SERVICE FACILITIES LIMITED (REGISTERED NUMBER: 06271689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100
(31.3.23 - 10,000 )

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Miss S A Pope
Balance outstanding at start of year 18,095 -
Amounts advanced 28 18,095
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 18,123 18,095

Miss S Waite
Balance outstanding at start of year 13,090 -
Amounts advanced - 13,090
Amounts repaid (1,819 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,271 13,090

The directors' loans were made on an interest free basis.

13. FIXED ASSET INVESTMENTS

The company's fixed asset investment of £201 (2023 - £201) comprises shareholdings in dormant subsidiaries, Capital Water Services Ltd £100 (2023 - £100), Capital Deep Clean Services Ltd £100 (2023 - £100) and Capital Pest Control Services Ltd £1 (2023 - £1).