Company Registration No. 12262188 (England and Wales)
CAPITALXTRAA LTD
Unaudited accounts
for the year ended 31 October 2023
CAPITALXTRAA LTD
Unaudited accounts
Contents
CAPITALXTRAA LTD
Statement of financial position
as at 31 October 2023
Tangible assets
71,354
63,495
Inventories
450,000
485,000
Cash at bank and in hand
51,001
54,145
Creditors: amounts falling due within one year
(517,260)
(552,817)
Net current liabilities
(16,259)
(13,672)
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
CAPITALXTRAA LTD
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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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
At 31 October 2023
77,159
53,775
130,934
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
At 31 October 2023
38,081
33,273
71,354
At 31 October 2022
25,775
37,720
63,495
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
419,067
489,136
Taxes and social security
24,520
23,973
Loans from directors
-
4,389
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).