IRIS Accounts Production v24.3.2.46 01683146 Board of Directors Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false 4636 101 20563 21837 24941 17100 258 4636 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016831462023-05-31016831462024-05-31016831462023-06-012024-05-31016831462022-05-31016831462022-06-012023-05-31016831462023-05-3101683146ns15:EnglandWales2023-06-012024-05-3101683146ns14:PoundSterling2023-06-012024-05-3101683146ns10:Director12023-06-012024-05-3101683146ns10:Director22023-06-012024-05-3101683146ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3101683146ns10:SmallEntities2023-06-012024-05-3101683146ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3101683146ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3101683146ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3101683146ns10:FullAccounts2023-06-012024-05-3101683146ns10:Director2422023-05-3101683146ns10:Director2422022-05-3101683146ns10:Director2422023-06-012024-05-3101683146ns10:Director2422022-06-012023-05-3101683146ns10:Director2422024-05-3101683146ns10:Director2422023-05-3101683146ns10:CompanySecretary12023-06-012024-05-3101683146ns10:RegisteredOffice2023-06-012024-05-3101683146ns5:CurrentFinancialInstruments2024-05-3101683146ns5:CurrentFinancialInstruments2023-05-3101683146ns5:Non-currentFinancialInstruments2024-05-3101683146ns5:Non-currentFinancialInstruments2023-05-3101683146ns5:ShareCapital2024-05-3101683146ns5:ShareCapital2023-05-3101683146ns5:RetainedEarningsAccumulatedLosses2024-05-3101683146ns5:RetainedEarningsAccumulatedLosses2023-05-3101683146ns5:FurnitureFittings2023-06-012024-05-3101683146ns5:ComputerEquipment2023-06-012024-05-3101683146ns5:FurnitureFittings2023-05-3101683146ns5:ComputerEquipment2023-05-3101683146ns5:FurnitureFittings2024-05-3101683146ns5:ComputerEquipment2024-05-3101683146ns5:FurnitureFittings2023-05-3101683146ns5:ComputerEquipment2023-05-3101683146ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3101683146ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3101683146ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-05-3101683146ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-05-3101683146ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-05-3101683146ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-31016831461ns10:Director12023-05-31016831461ns10:Director12022-05-31016831461ns10:Director12023-06-012024-05-31016831461ns10:Director12022-06-012023-05-31016831461ns10:Director12024-05-31016831461ns10:Director12023-05-31
REGISTERED NUMBER: 01683146 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

CAPITAL INTERNATIONAL STAFFING
LIMITED

CAPITAL INTERNATIONAL STAFFING
LIMITED (REGISTERED NUMBER: 01683146)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAPITAL INTERNATIONAL STAFFING
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: G M Rees
Ms K A Rees





SECRETARY: N A Constantine





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 01683146 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

CAPITAL INTERNATIONAL STAFFING
LIMITED (REGISTERED NUMBER: 01683146)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,524 5,131

CURRENT ASSETS
Debts
Trade debtors subject to financing
arrangements

925,202

818,063
Owed to factoring agent (436,128 ) (445,834 )
5 489,074 372,229
Debtors 5 10,360 24,161
Cash at bank and in hand 13,585 15,782
513,019 412,172
CREDITORS
Amounts falling due within one year 6 553,939 413,841
NET CURRENT LIABILITIES (40,920 ) (1,669 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(37,396

)

3,462

CREDITORS
Amounts falling due after more than one
year

7

67,245

128,624
NET LIABILITIES (104,641 ) (125,162 )

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings (154,641 ) (175,162 )
SHAREHOLDERS' FUNDS (104,641 ) (125,162 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CAPITAL INTERNATIONAL STAFFING
LIMITED (REGISTERED NUMBER: 01683146)

BALANCE SHEET - continued
31 MAY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:




G M Rees - Director



Ms K A Rees - Director


CAPITAL INTERNATIONAL STAFFING
LIMITED (REGISTERED NUMBER: 01683146)

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

1. STATUTORY INFORMATION

Capital International Staffing 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 represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

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 - 25% on reducing balance
Computer equipment - 33% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 80,633 242,538 323,171
DEPRECIATION
At 1 June 2023 79,407 238,633 318,040
Charge for year 306 1,301 1,607
At 31 May 2024 79,713 239,934 319,647
NET BOOK VALUE
At 31 May 2024 920 2,604 3,524
At 31 May 2023 1,226 3,905 5,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,000 6,794
Directors' loan accounts 258 4,636
Prepayments and accrued income 9,102 12,731
10,360 24,161

CAPITAL INTERNATIONAL STAFFING
LIMITED (REGISTERED NUMBER: 01683146)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Linked presentation:
The directors hereby state that the entity is not obliged to support any losses, nor does it intend to do so.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 50,000 50,000
Trade creditors 110,782 125,002
Social security and other taxes 3,305 11,159
VAT 6,974 2,551
Other creditors 380,118 222,278
Accrued expenses 2,760 2,851
553,939 413,841

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 50,000 50,000
Bank loans - 2-5 years 17,245 78,624
67,245 128,624

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
G M Rees and Ms K A Rees
Balance outstanding at start of year 4,636 (101 )
Amounts advanced 20,563 21,837
Amounts repaid (24,941 ) (17,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 258 4,636

These balances represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G M Rees & Ms K A Silk.

This was by virtue of their 100% holding of the issued share capital.

10. ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a profit of £20,521 and as at the year end the current liabilities exceeded current assets by £40,920.

The validity of this basis depends upon the continued support of the company's directors. The directors confirms that they will give the required support.