Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31falsefalse2023-06-01No description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12039022 2023-06-01 2024-05-31 12039022 2022-06-01 2023-05-31 12039022 2024-05-31 12039022 2023-05-31 12039022 c:Director1 2023-06-01 2024-05-31 12039022 c:Director2 2023-06-01 2024-05-31 12039022 d:CurrentFinancialInstruments 2024-05-31 12039022 d:CurrentFinancialInstruments 2023-05-31 12039022 d:Non-currentFinancialInstruments 2024-05-31 12039022 d:Non-currentFinancialInstruments 2023-05-31 12039022 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 12039022 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12039022 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 12039022 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 12039022 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 12039022 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 12039022 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 12039022 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 12039022 d:ShareCapital 2024-05-31 12039022 d:ShareCapital 2023-05-31 12039022 d:RetainedEarningsAccumulatedLosses 2024-05-31 12039022 d:RetainedEarningsAccumulatedLosses 2023-05-31 12039022 c:FRS102 2023-06-01 2024-05-31 12039022 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12039022 c:FullAccounts 2023-06-01 2024-05-31 12039022 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12039022 2 2023-06-01 2024-05-31 12039022 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 12039022










CAPITAL NEW HOMES GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
CAPITAL NEW HOMES GROUP LIMITED
REGISTERED NUMBER: 12039022

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
28,645
44,512

Cash at bank and in hand
 5 
103
240

  
28,748
44,752

Creditors: amounts falling due within one year
 6 
(14,873)
(23,582)

Net current assets
  
 
 
13,875
 
 
21,170

Total assets less current liabilities
  
13,875
21,170

Creditors: amounts falling due after more than one year
 7 
(15,152)
(21,595)

  

Net liabilities
  
(1,277)
(425)


Capital and reserves
  

Called up share capital 
  
30
30

Profit and loss account
  
(1,307)
(455)

  
(1,277)
(425)


Page 1

 
CAPITAL NEW HOMES GROUP LIMITED
REGISTERED NUMBER: 12039022

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 October 2024.




S. B. Tappenden
J. R. Tappenden
Director
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CAPITAL NEW HOMES GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Capital New Homes Group Limited is a private company, limited by shares, domiciled in England and Wales, registration number 12039022. The registered office is 601 London Road, Westcliff on Sea, Essex SS0 9PE. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company had net liabilities at 31st May 2024 of £1,277 (2023: £425). However, the directors are of the opinion that the company has and will continue to have the support of its creditors for the foreseeable future. 
Consequently the directors consider it appropriate to prepare these accounts on a going concern basis.

  
2.3

Stock and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes
directly attributable interest and overheads.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
CAPITAL NEW HOMES GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Debtors

2024
2023
£
£


Other debtors
28,645
44,512

28,645
44,512



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
103
240

103
240



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
12,244
9,973

Trade creditors
1,770
-

Other taxation and social security
-
9,413

Accruals and deferred income
859
4,196

14,873
23,582



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
15,152
21,595

15,152
21,595


Page 4

 
CAPITAL NEW HOMES GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
12,244
9,973

Amounts falling due 1-2 years

Bank loans
12,553
10,225

Amounts falling due 2-5 years

Bank loans
2,599
11,369


27,396
31,567



9.


Related party transactions

These financial statements include the transactions and balances listed below with the following:
A company under common control: Other debtors £28,350 (2023 : £44,512).


Page 5