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REGISTERED NUMBER: 10734726 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

C Capital (London) Limited

C Capital (London) Limited (Registered number: 10734726)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

C Capital (London) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: S Coakley
D Kilpatrick





REGISTERED OFFICE: 5th Floor
167-169 Great Portland Street
London
W1W 5PF





REGISTERED NUMBER: 10734726 (England and Wales)





ACCOUNTANTS: Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG

C Capital (London) Limited (Registered number: 10734726)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,959,115 11,084,115

CURRENT ASSETS
Stocks 4,068,903 3,944,139
Debtors 5 2,661,345 2,577,034
Cash at bank 45,780 127,218
6,776,028 6,648,391
CREDITORS
Amounts falling due within one year 6 213,769 279,171
NET CURRENT ASSETS 6,562,259 6,369,220
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,521,374

17,453,335

CREDITORS
Amounts falling due after more than one year 7 437,059 6,369,020
NET ASSETS 11,084,315 11,084,315

CAPITAL AND RESERVES
Called up share capital 200 200
Revaluation reserve 8 11,084,115 11,084,115
SHAREHOLDERS' FUNDS 11,084,315 11,084,315

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

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

C Capital (London) Limited (Registered number: 10734726)

Balance Sheet - continued
31 August 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 24 February 2025 and were signed on its behalf by:





S Coakley - Director


C Capital (London) Limited (Registered number: 10734726)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

C Capital (London) 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

In accordance with SSAP 19, no depreciation is provided in respect of land and buildings with over 20 years to run. This treatment is a departure from the requirements of the Companies Act concerning depreciation of fixed assets, however land and buildings are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of the many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot reasonably be separately identified or quantified.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

C Capital (London) Limited (Registered number: 10734726)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 September 2023 11,084,115
Disposals (6,125,000 )
At 31 August 2024 4,959,115
NET BOOK VALUE
At 31 August 2024 4,959,115
At 31 August 2023 11,084,115

The freehold land was valued by CBRE on 1st March 2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 35,355 24,645
Other debtors 2,625,990 2,552,389
2,661,345 2,577,034

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 209,769 161,925
Taxation and social security - 3,590
Other creditors 4,000 113,656
213,769 279,171

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 369,020 369,020
Other creditors 68,039 6,000,000
437,059 6,369,020

C Capital (London) Limited (Registered number: 10734726)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.8.24 31.8.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 50,000 50,000

8. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 11,084,115

9. ULTIMATE CONTROLLING PARTY

The controlling party is S Coakley.

C Capital (London) Limited

Report of the Accountants to the Directors of
C Capital (London) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG


24 February 2025