Company Registration No. 14936161 (England and Wales)
Capital Angling Limited
Unaudited accounts
for the period from 14 June 2023 to 31 December 2023
Capital Angling Limited
Unaudited accounts
Contents
Capital Angling Limited
Company Information
for the period from 14 June 2023 to 31 December 2023
Directors
Jamie Andrew Jackson
Mark Stephen Pitchers
Judith Pitchers
Charlotte Midgley
Company Number
14936161 (England and Wales)
Registered Office
Capital Angling Ltd
Unit 2a,Hartington Business Park,
Fallow Road, Staveley
Chesterfield
Derbyshire
S43 3BF
England
Accountants
Jacobs & Company
152 Coles Green Road
London
NW2 7HD
Capital Angling Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
12,534
Creditors: amounts falling due within one year
(526,435)
Net current liabilities
(151,528)
Profit and loss account
(73,673)
Shareholders' funds
(73,671)
For the period ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by
Jamie Andrew Jackson
Director
Company Registration No. 14936161
Capital Angling Limited
Notes to the Accounts
for the period from 14 June 2023 to 31 December 2023
Capital Angling Limited is a private company, limited by shares, registered in England and Wales, registration number 14936161. The registered office is Capital Angling Ltd, Unit 2a,Hartington Business Park,, Fallow Road, Staveley, Chesterfield, Derbyshire, S43 3BF, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the life of the lease
Plant & machinery
Straight line 3 years
Fixtures & fittings
Straight line 3 years
Computer equipment
Straight line 3 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Capital Angling Limited
Notes to the Accounts
for the period from 14 June 2023 to 31 December 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
25,396
52,257
2,000
79,653
At 31 December 2023
25,396
52,257
2,000
79,653
Charge for the period
1,168
621
7
1,796
At 31 December 2023
1,168
621
7
1,796
At 31 December 2023
24,228
51,636
1,993
77,857
Inventories comprise finshed goods for resale.
Amounts falling due within one year
Accrued income and prepayments
5,311
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
Amounts owed to group undertakings and other participating interests
514,277
Taxes and social security
144
Capital Angling Limited
Notes to the Accounts
for the period from 14 June 2023 to 31 December 2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
9
Operating lease commitments
2023
At 31 December 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
32,558
Later than one year and not later than five years
136,151
The directors consider the ultimate controlling parent undertaking to be Capital UK Holdings Ltd, a company incorporated in England.
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Average number of employees
During the period the average number of employees was 4.