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REGISTERED NUMBER: 07855765 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Captain Investments Limited

Captain Investments Limited (Registered number: 07855765)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Captain Investments Limited (Registered number: 07855765)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 625 1,085
Investment property 5 1,525,000 1,525,000
1,525,625 1,526,085

CURRENT ASSETS
Debtors 6 5,007 1,812
Cash at bank 230,406 209,225
235,413 211,037
CREDITORS
Amounts falling due within one year 7 812,420 812,566
NET CURRENT LIABILITIES (577,007 ) (601,529 )
TOTAL ASSETS LESS CURRENT LIABILITIES 948,618 924,556

PROVISIONS FOR LIABILITIES 104,260 104,260
NET ASSETS 844,358 820,296

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 595,059 595,059
Retained earnings 249,199 225,137
SHAREHOLDERS' FUNDS 844,358 820,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Captain Investments Limited (Registered number: 07855765)

Balance Sheet - continued
30 November 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:





S H Russell - Director


Captain Investments Limited (Registered number: 07855765)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Captain Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07855765

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total rent receivable for the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Captain Investments Limited (Registered number: 07855765)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 1,721 3,414 5,135
DEPRECIATION
At 1 December 2023 860 3,190 4,050
Charge for year 216 244 460
At 30 November 2024 1,076 3,434 4,510
NET BOOK VALUE
At 30 November 2024 645 (20 ) 625
At 30 November 2023 861 224 1,085

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 1,525,000
NET BOOK VALUE
At 30 November 2024 1,525,000
At 30 November 2023 1,525,000

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2013 200,000
Valuation in 2014 (25,000 )
Valuation in 2017 199,920
Valuation in 2018 (25,000 )
Valuation in 2019 90,000
Valuation in 2021 72,500
Valuation in 2022 162,500
Cost 850,080
1,525,000

The investment property was valued on a fair value basis on 30 November 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,500 -
Other debtors 1,507 1,812
5,007 1,812

Captain Investments Limited (Registered number: 07855765)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 6,254 6,760
Other creditors 806,166 805,806
812,420 812,566

8. RESERVES
Fair
value
reserve
£   
At 1 December 2023
and 30 November 2024 595,059