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REGISTERED NUMBER: 15047929 (England and Wales)














FINANCIAL STATEMENTS

FOR THE PERIOD 3 AUGUST 2023 TO 31 AUGUST 2024

FOR

CAPITAL CORPORATE RISKS LTD

CAPITAL CORPORATE RISKS LTD (REGISTERED NUMBER: 15047929)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 3 AUGUST 2023 TO 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CAPITAL CORPORATE RISKS LTD

COMPANY INFORMATION
FOR THE PERIOD 3 AUGUST 2023 TO 31 AUGUST 2024







DIRECTORS: D R Judd
R K Boylan
D J Park





REGISTERED OFFICE: Ground Floor
Finchale House
Belmont Business Park
Durham
DH1 1TW





REGISTERED NUMBER: 15047929 (England and Wales)





ACCOUNTANTS: RMT Ribchesters
Accountants and Business Advisors
Finchale House
Belmont Business Park
Durham
DH1 1TW

CAPITAL CORPORATE RISKS LTD (REGISTERED NUMBER: 15047929)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

Notes £   
CURRENT ASSETS
Cash at bank 29,965

CREDITORS
Amounts falling due within one year 4 2,790
NET CURRENT ASSETS 27,175
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,175

CAPITAL AND RESERVES
Called up share capital 5 30,000
Retained earnings 6 (2,825 )
SHAREHOLDERS' FUNDS 27,175

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

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 Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





D J Park - Director


CAPITAL CORPORATE RISKS LTD (REGISTERED NUMBER: 15047929)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 3 AUGUST 2023 TO 31 AUGUST 2024

1. STATUTORY INFORMATION

Capital Corporate Risks Ltd 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.

Financial instruments
The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, other loans, and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the period 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 statement of financial position date.


CAPITAL CORPORATE RISKS LTD (REGISTERED NUMBER: 15047929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 3 AUGUST 2023 TO 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Going concern
The director has considered the current profitability and future cash flows of the company for a period of
more than 12 months from the date of this report. Following that review the director has concluded that the
company is likely to have sufficient resources to meets its ongoing commitments. The financial statements have therefore been prepared using the going concern basis of accounting

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 2,790

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
30,000 Ordinary £1 30,000

30,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

6. RESERVES
Retained
earnings
£   

Deficit for the period (2,825 )
At 31 August 2024 (2,825 )