Silverfin false false 31/10/2024 01/11/2023 31/10/2024 A Charlesworth 07/10/2016 J A Charlesworth 25/02/2019 05 March 2025 The principal activity of the Company during the financial year was property investment and letting. 10416751 2024-10-31 10416751 bus:Director1 2024-10-31 10416751 bus:Director2 2024-10-31 10416751 2023-10-31 10416751 core:CurrentFinancialInstruments 2024-10-31 10416751 core:CurrentFinancialInstruments 2023-10-31 10416751 core:Non-currentFinancialInstruments 2024-10-31 10416751 core:Non-currentFinancialInstruments 2023-10-31 10416751 core:ShareCapital 2024-10-31 10416751 core:ShareCapital 2023-10-31 10416751 core:RetainedEarningsAccumulatedLosses 2024-10-31 10416751 core:RetainedEarningsAccumulatedLosses 2023-10-31 10416751 bus:OrdinaryShareClass1 2024-10-31 10416751 2023-11-01 2024-10-31 10416751 bus:FilletedAccounts 2023-11-01 2024-10-31 10416751 bus:SmallEntities 2023-11-01 2024-10-31 10416751 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 10416751 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10416751 bus:Director1 2023-11-01 2024-10-31 10416751 bus:Director2 2023-11-01 2024-10-31 10416751 2022-11-01 2023-10-31 10416751 core:CurrentFinancialInstruments 2023-11-01 2024-10-31 10416751 core:Non-currentFinancialInstruments 2023-11-01 2024-10-31 10416751 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 10416751 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10416751 (England and Wales)

CIVIC CAPITAL LTD

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

CIVIC CAPITAL LTD

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

CIVIC CAPITAL LTD

BALANCE SHEET

As at 31 October 2024
CIVIC CAPITAL LTD

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Investment property 3 1,081,034 905,347
1,081,034 905,347
Current assets
Debtors 4 2,153 2,200
Cash at bank and in hand 13,221 25,771
15,374 27,971
Creditors: amounts falling due within one year 5 ( 6,596) ( 9,464)
Net current assets 8,778 18,507
Total assets less current liabilities 1,089,812 923,854
Creditors: amounts falling due after more than one year 6 ( 932,788) ( 785,838)
Net assets 157,024 138,016
Capital and reserves
Called-up share capital 7 2 2
Profit and loss account 157,022 138,014
Total shareholder's funds 157,024 138,016

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Civic Capital Ltd (registered number: 10416751) were approved and authorised for issue by the Board of Directors on 05 March 2025. They were signed on its behalf by:

A Charlesworth
Director
CIVIC CAPITAL LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
CIVIC CAPITAL LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Civic Capital Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the 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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Investment property

Investment property
£
Valuation
As at 01 November 2023 905,347
Additions 175,687
As at 31 October 2024 1,081,034

4. Debtors

2024 2023
£ £
Other debtors 2,153 2,200

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 4,459 8,054
Other creditors 2,137 1,410
6,596 9,464

There are no amounts included above in respect of which any security has been given by the small entity.

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Other creditors 932,788 785,838

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2