BrightAccountsProduction v1.0.0 v1.0.0 2023-10-02 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the development of business and domestic software. 30 April 2025 0 15180252 2024-10-31 15180252 2023-10-01 15180252 2023-10-02 2024-10-31 15180252 uk-bus:PrivateLimitedCompanyLtd 2023-10-02 2024-10-31 15180252 uk-curr:PoundSterling 2023-10-02 2024-10-31 15180252 uk-bus:FullAccounts 2023-10-02 2024-10-31 15180252 uk-bus:Director1 2023-10-02 2024-10-31 15180252 uk-bus:RegisteredOffice 2023-10-02 2024-10-31 15180252 uk-bus:Agent1 2023-10-02 2024-10-31 15180252 uk-core:ShareCapital 2024-10-31 15180252 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 15180252 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 15180252 uk-bus:FRS102 2023-10-02 2024-10-31 15180252 uk-core:CurrentFinancialInstruments 2024-10-31 15180252 uk-core:WithinOneYear 2024-10-31 15180252 uk-core:WithinOneYear 2024-10-31 15180252 2023-10-02 2024-10-31 15180252 uk-bus:AuditExempt-NoAccountantsReport 2023-10-02 2024-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Caprelease Limited
 
Director's Report and Unaudited Financial Statements
 
for the financial period from 2 October 2023 (date of incorporation) to 31 October 2024



Caprelease Limited
Director and Other Information

 
Director Jack Williams (Appointed 2 October 2023)
 
 
Company Registration Number 15180252
 
 
Registered Office and Business Address 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
 
 
Accountants HCA Chartered Accountants Ltd
Chartered Accountants
12 Cromac Place,
The Gasworks,
Belfast
BT7 2JB
 
 
Bankers HSBC Innovation Bank Limited
  Alphabeta
  14-18 Finsbury Square
  London
  EC2A 1BR
   
   
  Revolut Group Holdings Ltd
  7 Westferry Circus
  London
  E14 4HD
 
   
Solicitors A&L Goodbody Northern Ireland LLP
  42/46 Fountain Street
  Belfast
  Antrim
  BT1 5EF



Caprelease Limited
Director's Report
for the financial period from 2 October 2023 (date of incorporation) to 31 October 2024

 
The director presents his report and the unaudited financial statements for the financial period from 2 October 2023 (date of incorporation) to 31 October 2024.
     
Director
The director who served during the financial period is as follows:
     
Jack Williams (Appointed 2 October 2023)
   
     
Political Contributions
The company did not make any disclosable political donations in the current financial period.
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
select suitable accounting policies and apply them consistently;
make judgements and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Jack Williams
Director
     
30 April 2025



Caprelease Limited
Profit and Loss Account
for the financial period from 2 October 2023 (date of incorporation) to 31 October 2024
Oct 24
Notes £

Cost of sales (34,373)
─────────
Gross loss (34,373)
 
Administrative expenses (312,517)
─────────
Operating loss (346,890)
 
Interest payable and similar expenses (2,001)
─────────
Loss before taxation (348,891)
 
Tax on loss -
─────────
Loss for the financial period (348,891)
─────────
Total comprehensive income (348,891)
    ═════════



Caprelease Limited
Company Registration Number: 15180252
Balance Sheet
as at 31 October 2024

Oct 24
Notes £
 
Current Assets
Debtors 6 13,311
Cash and cash equivalents 4,019
─────────
17,330
─────────
Creditors: amounts falling due within one year 7 (32,268)
─────────
Net Current Liabilities (14,938)
─────────
Total Assets less Current Liabilities (14,938)
 
Creditors:
amounts falling due after more than one year 8 (28,853)
─────────
Net Liabilities (43,791)
═════════
 
Capital and Reserves
Called up share capital 305,100
Retained earnings (348,891)
─────────
Equity attributable to owners of the company (43,791)
═════════
 
The financial statements have been prepared 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).
       
For the financial period from 2 October 2023 (date of incorporation) to 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
       
Approved by the Director and authorised for issue on 30 April 2025
       
       
________________________________      
Jack Williams      
Director      
       



Caprelease Limited
Notes to the Financial Statements
for the financial period from 2 October 2023 (date of incorporation) to 31 October 2024

   
1. General Information
 
Caprelease Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 15180252. The registered office of the company is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ which is also the principal place of business of the company. The principal activity of the company is the development of business and domestic software. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 12 month 30 days period from 2 October 2023 (date of incorporation) to 31 October 2024.
   
4. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
5. Employees
 
The average monthly number of employees, including the director, during the financial period was 3, (Oct 23 - 0).
     
6. Debtors Oct 24
  £
 
Amounts owed by connected parties (Note 11) 1,002
Taxation  (Note 9) 2,996
Called up share capital not paid 100
Prepayments and accrued income 9,213
  ─────────
  13,311
  ═════════
     
7. Creditors Oct 24
Amounts falling due within one year £
 
Bank overdrafts 11,968
Trade creditors 11,499
Taxation  (Note 9) 4,551
Other creditors 3,000
Accruals 1,250
  ─────────
  32,268
  ═════════
     
8. Creditors Oct 24
Amounts falling due after more than one year £
 
Other loans 28,853
  ═════════
 
     
9. Taxation Oct 24
  £
 
Debtors:
VAT 2,996
  ═════════
Creditors:
PAYE / NI 4,551
  ═════════
     
10. Capital commitments
 
The company had no material capital commitments at the financial period-ended 31 October 2024.
         
11. Related party transactions
  Balance Movement Maximum
  Oct 24 in period in period
  £ £ £
 
  1,002 1,002 -
  ═════════ ═════════ ═════════
   
12. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial period-end.