REGISTERED NUMBER: 09340067 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

C.A.P TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs P Philippou

Mr C Philippou

Mr A Philippou

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

09340067 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

56,569

57,579

CURRENT ASSETS

Stocks

4,516

8,306

Debtors

5

44,208

26,388

Cash at bank and in hand

47,217

48,300

95,941

82,994

CREDITORS

Amounts falling due within one year

6

137,752

116,468

NET CURRENT LIABILITIES

(41,811

)

(33,474

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,758

24,105

CREDITORS

Amounts falling due after more than one year

7

10,351

22,043

NET ASSETS

4,407

2,062

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

4,377

2,032

4,407

2,062

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 29 September 2025 and were signed on its behalf by:

Mr A Philippou - Director

1.	STATUTORY INFORMATION

C.A.P Trading Limited is a private company, limited by shares , registered in England and Wales. 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

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. This is on the basis of the continued support the company receives from its directors and bankers.

Taking this into account the directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Motor vehicles

-

10% on reducing balance

Computer equipment

-

33.33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 25 (2023 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

11,885

58,690

1,003

71,578

Additions

6,877

-

544

7,421

At 31 December 2024

18,762

58,690

1,547

78,999

DEPRECIATION

At 1 January 2024

3,394

10,271

334

13,999

Charge for year

3,074

4,842

515

8,431

At 31 December 2024

6,468

15,113

849

22,430

NET BOOK VALUE

At 31 December 2024

12,294

43,577

698

56,569

At 31 December 2023

8,491

48,419

669

57,579

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,383

4,794

Other debtors

37,825

21,594

44,208

26,388

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

11,518

9,923

Trade creditors

8,106

3,304

Taxation and social security

59,747

45,838

Other creditors

58,381

57,403

137,752

116,468

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

10,351

22,043

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

16,260

79,525

Between one and five years

-

55,000

16,260

134,525

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr A Philippou

Balance outstanding at start of year

3,531

-

Amounts advanced

632

3,531

Amounts repaid

(1,737

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,426

3,531

Mr C Philippou

Balance outstanding at start of year

3,531

-

Amounts advanced

1,292

3,531

Amounts repaid

(2,397

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,426

3,531

Mrs P Philippou

Balance outstanding at start of year

3,531

-

Amounts advanced

1,372

3,531

Amounts repaid

(2,477

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,426

3,531

At the balance sheet date the directors owed to the company as an aggregated amount, £7,278. There are no terms of repayment. No interest was charged by the company on the outstanding balance in the period.

During the year the directors were credited with £6,611 and withdrew £3,296 via their directors loan account.

10.	RELATED PARTY DISCLOSURES

C.A.P Catering LLP is a partnership in which the directors of this company are participators.

The company was charged rents and service charges with a value of £84,296 (2023: £85,821) by C.A.P Catering LLP.

The company was charged £12,500 (2023: £12,500) by the same limited liability partnership for the rental of the entire quantity of catering equipment, fixtures and fittings used at the restaurant.

The company was charged £2,337 (2023: £1,147) for buildings insurance by C.A.P Catering LLP

A creditor exists at the year end of £40,335 (2023: £38,406) owed to C.A.P Catering LLP.

11.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party in this company.