Capitex Group Limited Accounts






	Capitex Group Limited
	Company No. 11345794
	Information for Filing with The Registrar
	31 May 2025

at	31 May 2025
Company No.		11345794	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	3,724	4,966


				3,724	4,966
Current assets

	Debtors		5	348,814	38,775

	Cash at bank and in hand			1,190,229	1,458,914
				1,539,043	1,497,689
Creditors: Amount falling due within one year			6	(179,376)	(290,655)
Net current assets				1,359,667	1,207,034
Total assets less current liabilities				1,363,391	1,212,000
Creditors: Amounts falling due after more than one year			7	-	(20,536)



Net assets				1,363,391	1,191,464

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	1,363,291	1,191,364

Total equity				1,363,391	1,191,464



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 May 2025

And signed on its behalf by:
J. Edwards
Director
31 May 2025

for the year ended 31 May 2025

General information

Its registered number is: 11345794

Its registered office is:

6-7 Queen Street

London

England

EC4N 1SP

The functional and presentational currency of the company is Sterling . The monetary amounts in the accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Accounting policies

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

25% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic financial instruments measured at fair value.

Foreign currencies

The functional and presentational currency of the company is Sterling . The monetary amounts in the accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	16	10

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 June 2024	11,998	11,998




		At 31 May 2025	11,998	11,998
		Depreciation
		At 1 June 2024	7,032	7,032
		Charge for the year	1,242	1,242



		At 31 May 2025	8,274	8,274
		Net book values
		At 31 May 2025	3,724	3,724
		At 31 May 2024	4,966	4,966

5	Debtors
			2025	2024
			£	£





		Loans to directors	81,567	19,775
		Other debtors	201,939	19,000
		Prepayments and accrued income	65,308	-
			348,814	38,775

6	Creditors amounts falling due within one year:
			2025	2024
			£	£

		Bank loans and overdrafts	4,065	18,517


		Trade creditors	16,288	30,741

		Corporation tax	158,446	154,894


		Other creditors	577	-
		Accruals and deferred income	-	86,503
			179,376	290,655

7	Creditors amounts falling due after more than one year:
			2025	2024
			£	£

		Bank loans and overdrafts	-	20,536






			-	20,536

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	284,000	248,500

			284,000	248,500

		Dividends by type:

		Equity dividends	284,000	248,500
			284,000	248,500

Related party disclosures

At the balance sheet date £81,567 was owed to the company by the directors.

Controlling party

Immediate controlling party

No single party controls the company