Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 09997095 Ms Belinda McDonald Mr Duncan McDonald iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09997095 2023-02-28 09997095 2024-02-29 09997095 2023-03-01 2024-02-29 09997095 frs-core:CurrentFinancialInstruments 2024-02-29 09997095 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 09997095 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 09997095 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 09997095 frs-core:ShareCapital 2024-02-29 09997095 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09997095 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09997095 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 09997095 frs-bus:SmallEntities 2023-03-01 2024-02-29 09997095 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09997095 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09997095 frs-bus:Director1 2023-03-01 2024-02-29 09997095 frs-bus:Director2 2023-03-01 2024-02-29 09997095 frs-countries:EnglandWales 2023-03-01 2024-02-29 09997095 2022-02-28 09997095 2023-02-28 09997095 2022-03-01 2023-02-28 09997095 frs-core:CurrentFinancialInstruments 2023-02-28 09997095 frs-core:ShareCapital 2023-02-28 09997095 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09997095
Captive Trading and Investments Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09997095
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 275,525 275,525
275,525 275,525
CURRENT ASSETS
Cash at bank and in hand 16,118 7,693
16,118 7,693
Creditors: Amounts Falling Due Within One Year 5 (286,253 ) (281,556 )
NET CURRENT ASSETS (LIABILITIES) (270,135 ) (273,863 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,390 1,662
NET ASSETS 5,390 1,662
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 5,388 1,660
SHAREHOLDERS' FUNDS 5,390 1,662
Page 1
Page 2
For the year ending 29 February 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Duncan McDonald
Director
31/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Captive Trading and Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09997095 . The registered office is Ground Floor Marlborough House, 298 Regents Park Road, London, N3 2SZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not depreciated
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabillities 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 liabillities or other future taxable profits.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: NIL)
2 -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 March 2023 275,525
As at 29 February 2024 275,525
Net Book Value
As at 29 February 2024 275,525
As at 1 March 2023 275,525
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 228 -
Corporation tax 1,344 618
Accruals and deferred income 1,848 1,680
Directors' loan accounts 282,833 279,258
286,253 281,556
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
7. Related Party Transactions
The company is controlled by its directors.
Included under creditors falling due within one year are amounts due to Mr D & Mrs B McDonald of £282,833 (2023: £279,258). This loan is unsecured, interest free and repayable on demand.
Page 4