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Company Registration No. 14924173 (England and Wales)
CAPITAL PLANNING PARTNERS LTD Unaudited accounts for the year ended 31 December 2024
CAPITAL PLANNING PARTNERS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CAPITAL PLANNING PARTNERS LTD Company Information for the year ended 31 December 2024
Directors
PASK, Martyn WILLIAMSON, Barry Roy FACER, Richard
Company Number
14924173 (England and Wales)
Registered Office
WINTERTON HOUSE FIRST FLOOR WEST HIGH STREET WESTERHAM TN16 1AQ ENGLAND
Accountants
Le Forts Winterton House, First Floor High Street Westerham Kent TN16 1AQ
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CAPITAL PLANNING PARTNERS LTD Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
4
5,578,983 
Tangible assets
5
87,984 
5,666,967 
Current assets
Debtors
6
242,956 
Cash at bank and in hand
427,266 
670,222 
Creditors: amounts falling due within one year
7
(551,611)
Net current assets
118,611 
Total assets less current liabilities
5,785,578 
Creditors: amounts falling due after more than one year
8
(1,225,680)
Provisions for liabilities
Deferred tax
(21,996)
Net assets
4,537,902 
Capital and reserves
Called up share capital
300 
Share premium
4,537,602 
Shareholders' funds
4,537,902 
For the year ending 31 December 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by
PASK, Martyn Director Company Registration No. 14924173
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CAPITAL PLANNING PARTNERS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CAPITAL PLANNING PARTNERS LTD is a private company, limited by shares, registered in England and Wales, registration number 14924173. The registered office is WINTERTON HOUSE FIRST FLOOR WEST, HIGH STREET, WESTERHAM, TN16 1AQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10 years
Computer equipment
20% SL
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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CAPITAL PLANNING PARTNERS LTD Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2024
- 
- 
- 
Additions
5,098,076 
1,100,794 
6,198,870 
At 31 December 2024
5,098,076 
1,100,794 
6,198,870 
Amortisation
At 1 January 2024
- 
- 
- 
Charge for the year
509,808 
110,079 
619,887 
At 31 December 2024
509,808 
110,079 
619,887 
Net book value
At 31 December 2024
4,588,268 
990,715 
5,578,983 
Goodwill arising on acquisition is initially recognised at cost and is amortised on a straight-line basis over its estimated useful economic life. The directors consider the useful economic life of goodwill to be 10 years. Goodwill is reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable.
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
- 
- 
Additions
95,540 
2,498 
98,038 
At 31 December 2024
95,540 
2,498 
98,038 
Depreciation
Charge for the year
9,554 
500 
10,054 
At 31 December 2024
9,554 
500 
10,054 
Net book value
At 31 December 2024
85,986 
1,998 
87,984 
6
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
230,325 
Other debtors
12,631 
242,956 
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CAPITAL PLANNING PARTNERS LTD Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
280,800 
Obligations under finance leases and hire purchase contracts
13,881 
Taxes and social security
249,676 
Other creditors
3,909 
Loans from directors
3,345 
551,611 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
1,157,239 
Obligations under finance leases and hire purchase contracts
68,441 
1,225,680 
The loan is unsecured and repayable over a period of 116 months. The loan bears interest at 3.5% over the Bank of England base rate, giving a rate of 8.75% at the balance sheet date. During the year, the company purchased a motor vehicle on an interest-free finance arrangement. The outstanding liability at the year end is shown above.
9
Pension commitments
The company operates a defined contribution pension scheme for the benefit of its employees and directors. Contributions are charged to the profit and loss account as they become payable. Pension costs for the year were as follows: £ Employer pension contributions for staff 12,385 Director pension contributions 135,000 Total pension costs 147,385
10
Transactions with related parties
Incorporation relief was claimed upon transfer from LLP to Limited Company. At the time of incorporation, the directors invested personal funds of £137,751 into the company. During the year, dividends totalling £132,320 were paid to the directors in accordance with their shareholdings. There were no other material related party transactions during the year. At the balance sheet date, the amount owed by the company to the directors was £3,345.
11
Average number of employees
During the year the average number of employees was 24.
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