Capital Estate Services Ltd - Filleted accounts

Registered number

04964549

Capital Estate Services Ltd

Filleted Accounts

31 December 2024

Capital Estate Services Ltd
Registered number:		04964549
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		31,109			36,519

Current assets
Work in progress		685			81
Debtors	4	43,551			6,438
Cash at bank and in hand		14,544			6,295
		58,780			12,814

Creditors: amounts falling due within one year	5	(63,810)			(42,049)

Net current liabilities			(5,030)			(29,235)

Net assets			26,079			7,284

Capital and reserves
Called up share capital			1			1
Profit and loss account			26,078			7,283

Shareholders' funds			26,079			7,284


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.





Paul Denby
Director
Approved by the board on 25 September 2025

Capital Estate Services Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Plant and machinery	over 3 years
	Cars	over 8 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.





2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		3		3


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	At 1 January 2024				43,281
	At 31 December 2024				43,281

	Depreciation
	At 1 January 2024				6,762
	Charge for the year				5,410
	At 31 December 2024				12,172

	Net book value
	At 31 December 2024				31,109
	At 31 December 2023				36,519


4	Debtors		2024		2023
£				£

	Trade debtors		12,337		5,061
	Loans		900		-
	Accrued income		30,090		-
	Other debtors		224		1,377
			43,551		6,438


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		1,856		1,254
	Due to directors		27,245		14,280
	Other taxes and social security costs		6,259		10,201
	Loan		27,750		12,000
	Other creditors & accruals		700		4,314
			63,810		42,049








6	Related party transactions

	Transactions with Directors During the year the company received services to a value of £14,971 from Denby Morris Ltd (2023: £13,708), a company in which Paul Denby is materially interested as a shareholder.


7	Controlling party

	The company is controlled by Penny Denby who owns 100% of the share capital.


8	Other information

	Capital Estate Services Ltd is a private company limited by shares and incorporated in England. Its registered office is: Number 10, Coldbath Square, London EC1R 5HL.