Capricorn Contract Furnishings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09826491

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Capricorn Contract Furnishings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B Pengelly

REGISTERED OFFICE:

Four Oaks Farm

Clyst St Mary

Devon

EX5 1AT

REGISTERED NUMBER:

09826491

ACCOUNTANTS:

BFN Accounts & Tax Limited

Hillcrest

22 Church Street

Blakesley

Towcester

Northamptonshire

NN12 8RA

FIXED ASSETS

Tangible assets

4

14,085

264

CURRENT ASSETS

Stocks

462,570

561,179

Debtors

5

40,691

66,801

Cash at bank and in hand

186,624

164,036

689,885

792,016

CREDITORS

Amounts falling due within one year

6

50,687

13,951

NET CURRENT ASSETS

639,198

778,065

TOTAL ASSETS LESS CURRENT LIABILITIES

653,283

778,329

CAPITAL AND RESERVES

Called up share capital

101

Share premium

613,164

Retained earnings

40,018

165,064

653,283

778,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 December 2025 and were signed by:

B Pengelly - Director

1.	STATUTORY INFORMATION

Capricorn Contract Furnishings 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.

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 cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

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.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 August 2024

5,788

97,009

9,400

4,004

116,201

Additions

18,544

-

18,544

At 31 July 2025

24,332

97,009

9,400

4,004

134,745

DEPRECIATION

At 1 August 2024

5,788

97,009

9,400

3,740

115,937

Charge for year

4,636

-

87

4,723

At 31 July 2025

10,424

97,009

9,400

3,827

120,660

NET BOOK VALUE

At 31 July 2025

13,908

-

177

14,085

At 31 July 2024

-

264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

(2,817

)

20,883

Prepayments

43,508

45,918

40,691

66,801

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade creditors

44,661

8,013

VAT

4,126

3,932

Accrued expenses

1,900

2,006

50,687

13,951