Capsec Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10866054

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		272		320
Investments	5		1,000,020		1,000,020

			1,000,292		1,000,340
CURRENT ASSETS
Debtors	6	801,352		801,352
Cash at bank and in hand		5,969		6,799

		807,321		808,151
Creditors: Amounts Falling Due Within One Year	7	(2,100,300 )		(2,060,966 )

NET CURRENT ASSETS (LIABILITIES)			(1,292,979 )		(1,252,815 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(292,687 )		(252,475 )

Creditors: Amounts Falling Due After More Than One Year	8		(16,924 )		(16,924 )

NET LIABILITIES			(309,611 )		(269,399 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(309,711 )		(269,499 )

SHAREHOLDERS' FUNDS			(309,611)		(269,399)

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Capsec Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mark Aldridge

Director

09/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Capsec Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10866054 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

15%

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 August 2024	1,000

As at 31 July 2025	1,000

Depreciation
As at 1 August 2024	680
Provided during the period	48

As at 31 July 2025	728

Net Book Value
As at 31 July 2025	272

As at 1 August 2024	320

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Capsec Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 August 2024	1,000,020

As at 31 July 2025	1,000,020

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	1,000,020

As at 1 August 2024	1,000,020

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by other participating interests	801,352	801,352

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	719	720
Bank loans and overdrafts	10,238	10,238
Accruals and deferred income	278,565	239,230
Directors' loan accounts	1,810,778	1,810,778

	2,100,300	2,060,966

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	16,924	16,924

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Capsec Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

10. Related Party Transactions

Included in the Other Debtors is an amount owed from Micaw Ltd totalling £761,190.04 (2024 - £761,190), for which Mr M Aldridge is a director. No interest is to be charged and no repayment terms have been agreed.

Included in the Other Debtors is an amount owed from Orwell (Basildon) Limited totalling £40,162 (2024 - £40,162), for which Mr M Aldridge is a director. No interest is to be charged and no repayment terms have been agreed.

Included in the Other Creditors is an amount owed to the company director Mr M Aldridge totalling £1,600,873 (2024 - £1,600,873), no interest is to be charged.

Included in the Other Creditors is an amount owed to the company director Mr J Regan totalling £209,905 (2024 - £209,905), no interest is to be charged.

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