Captains Cabin Sevenoaks Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04597092

CAPTAINS CABIN SEVENOAKS LIMITED

SPECIALIST SKI SHOP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Vece

Mrs N Vece

SECRETARY:

P Vece

REGISTERED OFFICE:

113/115 St. John's Hill

Sevenoaks

Kent

TN13 3PE

REGISTERED NUMBER:

04597092

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

13,000

15,490

13,000

15,490

CURRENT ASSETS

Stocks

532,436

510,296

Debtors

6

39,843

23,390

Cash at bank and in hand

187,102

265,238

759,381

798,924

CREDITORS

Amounts falling due within one year

7

(481,473

)

(462,689

)

NET CURRENT ASSETS

277,908

336,235

TOTAL ASSETS LESS CURRENT
LIABILITIES

290,908

351,725

CREDITORS

Amounts falling due after more than one
year

8

(26,667

)

(66,667

)

PROVISIONS FOR LIABILITIES

(3,242

)

(3,863

)

NET ASSETS

260,999

281,195

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

260,997

281,193

SHAREHOLDERS' FUNDS

260,999

281,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 14 August 2025 and were signed on its behalf by:

P Vece - Director

Mrs N Vece - Director

1.	STATUTORY INFORMATION

Captains Cabin Sevenoaks Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

60,000

AMORTISATION

At 1 May 2024

and 30 April 2025

60,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Short

Plant and

Fixture &

Computer

leasehold

machinery

Fittings

equipment

Totals

£

COST

At 1 May 2024

1,347

39,115

26,025

20,886

87,373

Additions

-

1,220

At 30 April 2025

1,347

39,115

26,025

22,106

88,593

DEPRECIATION

At 1 May 2024

-

35,593

19,248

17,042

71,883

Charge for year

-

880

1,017

1,813

3,710

At 30 April 2025

-

36,473

20,265

18,855

75,593

NET BOOK VALUE

At 30 April 2025

1,347

2,642

5,760

3,251

13,000

At 30 April 2024

1,347

3,522

6,777

3,844

15,490

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Sundry debtors

13,541

3,000

Directors' current accounts

4,435

22

Prepayments

21,867

20,368

39,843

23,390

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

40,000

Trade creditors

26,630

35,948

Corporation Tax

24,029

27,076

Social security and other taxes

87,405

86,019

Sundry creditors

2,054

1,903

Amount owed to parent company

289,320

251,242

Directors' current accounts

9,535

15,101

Accrued expenses

2,500

5,400

481,473

462,689

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

26,667

40,000

Bank loans - 2-5 years

-

26,667

66,667

9.	RELATED PARTY DISCLOSURES

All the directors and shareholders are Related Parties in respect of their control of the company.