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Company Registration No. 12262188 (England and Wales)
CAPITALXTRAA LTD Unaudited accounts for the year ended 31 October 2023
CAPITALXTRAA LTD Unaudited accounts Contents
Page
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CAPITALXTRAA LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,354 
63,495 
Current assets
Inventories
450,000 
485,000 
Cash at bank and in hand
51,001 
54,145 
501,001 
539,145 
Creditors: amounts falling due within one year
(517,260)
(552,817)
Net current liabilities
(16,259)
(13,672)
Net assets
55,095 
49,823 
Capital and reserves
Profit and loss account
55,095 
49,823 
Shareholders' funds
55,095 
49,823 
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 October 2024 and were signed on its behalf by
Maninderpal Singh Sidhu Director Company Registration No. 12262188
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CAPITALXTRAA LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
CAPITALXTRAA LTD is a private company, limited by shares, registered in England and Wales, registration number 12262188. The registered office is 14 WATERLOO ROAD, WOLVERHAMPTON, WV1 4BS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
52,159 
53,775 
105,934 
Additions
25,000 
- 
25,000 
At 31 October 2023
77,159 
53,775 
130,934 
Depreciation
At 1 November 2022
26,384 
16,055 
42,439 
Charge for the year
12,694 
4,447 
17,141 
At 31 October 2023
39,078 
20,502 
59,580 
Net book value
At 31 October 2023
38,081 
33,273 
71,354 
At 31 October 2022
25,775 
37,720 
63,495 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
73,673 
35,319 
Trade creditors
419,067 
489,136 
Taxes and social security
24,520 
23,973 
Loans from directors
- 
4,389 
517,260 
552,817 
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CAPITALXTRAA LTD Notes to the Accounts for the year ended 31 October 2023
6
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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