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REGISTERED NUMBER: 02985884 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

CAPELEVEL LIMITED

CAPELEVEL LIMITED (REGISTERED NUMBER: 02985884)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAPELEVEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: J A King





SECRETARY: A Mitton





REGISTERED OFFICE: 9 Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 02985884 (England and Wales)





ACCOUNTANTS: Maxwell & Co
9 Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT

CAPELEVEL LIMITED (REGISTERED NUMBER: 02985884)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,409 27,930
Investments 5 500 500
45,909 28,430

CURRENT ASSETS
Debtors 6 46,313 63,402
Cash at bank and in hand 150,067 136,252
196,380 199,654
CREDITORS
Amounts falling due within one year 7 47,462 43,756
NET CURRENT ASSETS 148,918 155,898
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,827

184,328

PROVISIONS FOR LIABILITIES 3,479 3,479
NET ASSETS 191,348 180,849

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 191,248 180,749
SHAREHOLDERS' FUNDS 191,348 180,849

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CAPELEVEL LIMITED (REGISTERED NUMBER: 02985884)

BALANCE SHEET - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 January 2025 and were signed by:





J A King - Director


CAPELEVEL LIMITED (REGISTERED NUMBER: 02985884)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Capelevel 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 and value added tax. Turnover includes the rendering of services which are only recognised once the service is complete.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on cost

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income 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.

CAPELEVEL LIMITED (REGISTERED NUMBER: 02985884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
Despite the impact of the coronavirus pandemic on the company, the director considers that the business remains a going concern for the foreseeable future and with that in mind, the accounts have been prepared on the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 65,725 4,892 136,668 3,992 211,277
Additions - - 32,499 41 32,540
Disposals (16,865 ) - - - (16,865 )
At 30 April 2024 48,860 4,892 169,167 4,033 226,952
DEPRECIATION
At 1 May 2023 48,382 4,587 127,487 2,891 183,347
Charge for year 4,235 5 10,420 - 14,660
Eliminated on disposal (16,464 ) - - - (16,464 )
At 30 April 2024 36,153 4,592 137,907 2,891 181,543
NET BOOK VALUE
At 30 April 2024 12,707 300 31,260 1,142 45,409
At 30 April 2023 17,343 305 9,181 1,101 27,930

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 500
NET BOOK VALUE
At 30 April 2024 500
At 30 April 2023 500

CAPELEVEL LIMITED (REGISTERED NUMBER: 02985884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 35,388 48,453
Amounts owed by subsidiary - 6,697
Other debtors 8,252 8,252
Directors' current accounts 2,673 -
46,313 63,402

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,570 11,018
Amounts owed to subsidiary 18,579 -
Tax 7,797 24,004
Social security and other taxes (297 ) 306
VAT 1,476 4,091
Other creditors 130 130
Accrued expenses 4,207 4,207
47,462 43,756

8. ULTIMATE CONTROLLING PARTY

The controlling party is J A King.