REGISTERED NUMBER: 08465581 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Couta Capital Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Luke Stovell

REGISTERED OFFICE:

3 St Helens Place

London

EC3A 6AB

REGISTERED NUMBER:

08465581 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Tangible assets

4

1,048

421

Investments

5

7,441,852

3,577,635

Investment property

6

2,525,000

2,545,000

9,967,900

6,123,056

CURRENT ASSETS

Debtors

7

7,497,272

4,829,117

Cash at bank

640,653

3,800,123

8,137,925

8,629,240

CREDITORS

Amounts falling due within one year

8

3,136,906

26,005

NET CURRENT ASSETS

5,001,019

8,603,235

TOTAL ASSETS LESS CURRENT LIABILITIES

14,968,919

14,726,291

PROVISIONS FOR LIABILITIES

379,873

166,604

NET ASSETS

14,589,046

14,559,687

CAPITAL AND RESERVES

Called up share capital

102

102

Fair value reserve

1,518,445

517,697

Retained earnings

13,070,499

14,041,888

14,589,046

14,559,687

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 24 December 2025 and were signed by:

Mr Luke Stovell - Director

1.	STATUTORY INFORMATION

Couta Capital 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

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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Fixed asset investments

Fixed Asset Investments comprise three categories:

(i) the Company’s share of a partnership, (ii) artwork held by the Company, and (iii) share capital in unlisted companies.

The investment in the Jersey partnership is carried at the Company’s share of the partnership’s capital as at the balance sheet date. Artwork is stated at fair value, with changes in valuation reflected in the statement of comprehensive income. Investments in unlisted companies are held at cost less any provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

2,365

Additions

902

At 31 March 2025

3,267

DEPRECIATION

At 1 April 2024

1,944

Charge for year

275

At 31 March 2025

2,219

NET BOOK VALUE

At 31 March 2025

1,048

At 31 March 2024

421

5.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Other investments not loans

7,441,852

3,577,635

Additional information is as follows:

Other

investments

£

COST OR VALUATION

At 1 April 2024

3,498,321

Additions

3,098,579

Revaluations

765,638

At 31 March 2025

7,362,538

NET BOOK VALUE

At 31 March 2025

7,362,538

At 31 March 2024

3,498,321

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2023

492,384

Valuation in 2024

291,935

Valuation in 2025

765,638

Cost

5,812,581

7,362,538

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Cost/valuation b/f

79,314

79,314

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,545,000

Impairments

(20,000

)

At 31 March 2025

2,525,000

NET BOOK VALUE

At 31 March 2025

2,525,000

At 31 March 2024

2,545,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

7,497,272

4,829,117

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

456

-

Taxation and social security

28,750

26,005

Other creditors

3,107,700

-

3,136,906

26,005

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr Luke Stovell

Balance outstanding at start of year

1,933,182

3,411,759

Amounts advanced

540,000

528,900

Amounts repaid

(2,495,882

)

(2,007,477

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(22,700

)

1,933,182

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption under FRS102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transaction is wholly-owned by such a member.