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Company Registration No. 06117427 (England and Wales)
Capital Flights Limited Unaudited accounts for the year ended 30 June 2024
Capital Flights Limited Unaudited accounts Contents
Page
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Capital Flights Limited Company Information for the year ended 30 June 2024
Director
Ejaz Ahmed Bal
Company Number
06117427 (England and Wales)
Registered Office
16 PRINCES PARK AVENUE HAYES MIDDLESEX UB3 1LD
Accountants
SAAP & Associates Limited Thames House 3 Wellington Street Woolwich London SE18 6NY
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Capital Flights Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,613 
8,913 
Current assets
Debtors
8,238 
- 
Cash at bank and in hand
34,832 
55,842 
43,070 
55,842 
Creditors: amounts falling due within one year
(15,832)
(21,734)
Net current assets
27,238 
34,108 
Total assets less current liabilities
60,851 
43,021 
Creditors: amounts falling due after more than one year
(61,386)
(38,598)
Net (liabilities)/assets
(535)
4,423 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(635)
4,323 
Shareholders' funds
(535)
4,423 
For the year ending 30 June 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 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 1 December 2024 and were signed on its behalf by
Ejaz Ahmed Bal Director Company Registration No. 06117427
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Capital Flights Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Capital Flights Limited is a private company, limited by shares, registered in England and Wales, registration number 06117427. The registered office is 16 PRINCES PARK AVENUE, HAYES, MIDDLESEX, UB3 1LD.
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.
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
25,183 
3,774 
28,957 
Additions
41,575 
- 
41,575 
Disposals
(15,500)
- 
(15,500)
At 30 June 2024
51,258 
3,774 
55,032 
Depreciation
At 1 July 2023
16,931 
3,113 
20,044 
Charge for the year
1,375 
- 
1,375 
At 30 June 2024
18,306 
3,113 
21,419 
Net book value
At 30 June 2024
32,952 
661 
33,613 
At 30 June 2023
8,252 
661 
8,913 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,238 
- 
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Capital Flights Limited Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(380)
Taxes and social security
9 
1,587 
Proposed dividends
- 
8,500 
Other creditors
1,323 
4,647 
Loans from directors
14,500 
7,380 
15,832 
21,734 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,496 
38,598 
Obligations under finance leases and hire purchase contracts
28,890 
- 
61,386 
38,598 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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