REGISTERED NUMBER: 07593251 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Captain Fawcett Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Finney

J Clarke

I C Crockart

REGISTERED OFFICE:

26 - 28 Headlands

Kettering

Northamptonshire

NN15 7HP

REGISTERED NUMBER:

07593251 (England and Wales)

ACCOUNTANTS:

John S Ward & Co Limited

Chartered Certified Accountants

26-28 Headlands

Kettering

Northamptonshire

NN15 7HP

FIXED ASSETS

Intangible assets

4

5,967

1

Tangible assets

5

86,015

108,483

91,982

108,484

CURRENT ASSETS

Stocks

504,950

542,720

Debtors

6

342,384

239,311

Cash at bank and in hand

136,472

56,994

983,806

839,025

CREDITORS

Amounts falling due within one year

7

302,799

238,962

NET CURRENT ASSETS

681,007

600,063

TOTAL ASSETS LESS CURRENT LIABILITIES

772,989

708,547

CREDITORS

Amounts falling due after more than one year

8

(173,396

)

(100,523

)

PROVISIONS FOR LIABILITIES

(17,169

)

(14,372

)

NET ASSETS

582,424

593,652

CAPITAL AND RESERVES

Called up share capital

140

140

Share premium

49,993

49,993

Retained earnings

532,291

543,519

582,424

593,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 19 November 2025 and were signed on its behalf by:

R Finney - Director

1.	STATUTORY INFORMATION

Captain Fawcett 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

20% 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.

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 14 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 May 2024

16,201

Additions

6,629

At 30 April 2025

22,830

AMORTISATION

At 1 May 2024

16,200

Charge for year

663

At 30 April 2025

16,863

NET BOOK VALUE

At 30 April 2025

5,967

At 30 April 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

131,894

341,321

473,215

Additions

-

30,989

30,989

At 30 April 2025

131,894

372,310

504,204

DEPRECIATION

At 1 May 2024

101,133

263,599

364,732

Charge for year

15,379

38,078

53,457

At 30 April 2025

116,512

301,677

418,189

NET BOOK VALUE

At 30 April 2025

15,382

70,633

86,015

At 30 April 2024

30,761

77,722

108,483

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

237,027

204,399

Other debtors

105,357

34,912

342,384

239,311

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

67,102

37,474

Trade creditors

161,522

108,726

Taxation and social security

54,828

31,794

Other creditors

19,347

60,968

302,799

238,962

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

173,396

100,523

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R Finney.