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REGISTERED NUMBER: 04516323 (England and Wales)
















Capsule Communications Ltd.

Unaudited Financial Statements

for the Year Ended 31st March 2025






Capsule Communications Ltd. (Registered number: 04516323)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Capsule Communications Ltd.

Company Information
for the Year Ended 31st March 2025







Director: Mr R T Witherden





Registered office: 60 Parker Street
London
WC2B 5PZ





Registered number: 04516323 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Capsule Communications Ltd. (Registered number: 04516323)

Statement of Financial Position
31st March 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 57,784 58,199

Current assets
Debtors 5 1,239,438 886,967
Cash at bank 14 2
1,239,452 886,969
Creditors
Amounts falling due within one year 6 1,227,426 1,087,282
Net current assets/(liabilities) 12,026 (200,313 )
Total assets less current liabilities 69,810 (142,114 )

Creditors
Amounts falling due after more than one
year

7

43,818

85,229
Net assets/(liabilities) 25,992 (227,343 )

Capital and reserves
Called up share capital 100 100
Retained earnings 25,892 (227,443 )
25,992 (227,343 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Capsule Communications Ltd. (Registered number: 04516323)

Statement of Financial Position - continued
31st March 2025


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 director and authorised for issue on 11th June 2025 and were signed by:





Mr R T Witherden - Director


Capsule Communications Ltd. (Registered number: 04516323)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. Statutory information

Capsule Communications 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% reducing balance

Taxation
Taxation for the year 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.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 17 (2024 - 17 ) .

Capsule Communications Ltd. (Registered number: 04516323)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. Tangible fixed assets
Fixtures,
fittings
& equipment
£   
Cost
At 1st April 2024 159,181
Additions 18,850
At 31st March 2025 178,031
Depreciation
At 1st April 2024 100,982
Charge for year 19,265
At 31st March 2025 120,247
Net book value
At 31st March 2025 57,784
At 31st March 2024 58,199

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 460,281 372,665
Other debtors 779,157 514,302
1,239,438 886,967

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts 86,170 136,345
Trade creditors 286,451 235,072
Taxation and social security 761,127 488,771
Other creditors 93,678 227,094
1,227,426 1,087,282

7. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loans 43,818 85,229

Capsule Communications Ltd. (Registered number: 04516323)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 148,093 -
Between one and five years 313,907 -
462,000 -

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025 2024
£    £   
Mr R T Witherden
Balance outstanding at start of year 322,117 233,217
Amounts advanced 73,040 88,900
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 395,157 322,117