Caprelease Limited iXBRL

Company Registration Number: 15180252

Caprelease Limited

Unaudited Financial Statements

for the financial year ended 31 October 2025

Caprelease Limited

Directors and Other Information


Directors	Mr Jack Williams
	Mr Tony Wilcox (Appointed 3 March 2025)
	Mr David Nangle (Appointed 3 March 2025)
	Mr John Reynolds (Appointed 3 February 2025)
	Mr Kevan Bishonden (Appointed 3 March 2025)


Company Registration Number	15180252


Registered Office	71-75 Shelton Street,
	Covent Garden
	WC2H 9JQ


Business Address	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ


Accountants	HCA Chartered Accountants Ltd
	Chartered Accountants
	12 Cromac Place,
	The Gasworks,
	Belfast
	BT7 2JB


Bankers	HSBC Innovation Bank Limited
	Alphabeta
	14-18 Finsbury Square
	London
	EC2A 1BR


	Revolut Group Holdings Ltd
	7 Westferry Circus
	London
	E14 4HD


Solicitors	A&L Goodbody Northern Ireland LLP
	42/46 Fountain Street
	Belfast
	Antrim
	BT1 5EF

Caprelease Limited

Company Registration Number: 15180252

Balance Sheet

as at 31 October 2025

		2025	2024
	Notes	£	£
			as restated

Fixed Assets

Investments	5	1	1
		─────────	─────────

Current Assets

Debtors

1,007,517

13,311

Cash and cash equivalents

1,615,775

4,019

─────────

2,623,292

17,330

─────────

Creditors: amounts falling due within one year

(201,338)

(32,169)

─────────

Net Current Assets/(Liabilities)

2,421,954

(14,839)

─────────

Total Assets less Current Liabilities

2,421,955

(14,838)

Creditors:

amounts falling due after more than one year

(2,500,000)

(333,818)

─────────

Net Liabilities

(78,045)

(348,656)

═════════

Capital and Reserves

Called up share capital

318

235

Share premium account

1,192,451

Retained earnings

(1,270,814)

(348,891)

─────────

Equity attributable to owners of the company

(78,045)

(348,656)

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 19 March 2026 and signed on its behalf by



________________________________
Mr Jack Williams
Director

Caprelease Limited

Notes to the Financial Statements

for the financial year ended 31 October 2025

General Information

Caprelease Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 15180252. The registered office of the company is 71-75 Shelton Street,, Covent Garden, WC2H 9JQ. The principal activity of the company is the development of business and domestic software. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Consolidated accounts

The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including the directors, during the financial year was 7, (2024 - 3).

2025

2024

Number

Number

Employees

═════════

Prior financial year error correction

In the prior year, SAFE notes totaling £304,865 were recognised in equity. These have been represented within liabilities and the comparatives adjusted accordingly. An item previously included in cost of sales has been reclassified to administrative expenses, this does not have any effect on the net profit for the prior year.


5.	Investments
		Group and	Total
		participating
		interests/
		joint ventures
	Investments	£	£
	Cost

	At 31 October 2025	1	1
		─────────	─────────
	Net book value
	At 31 October 2025	1	1
		═════════	═════════
	At 31 October 2024	1	1
		═════════	═════════

5.1.

Holdings in related undertakings

The company holds 20% or more of the share capital of the following company:

Country

Nature

Details

Proportion

held by

Name

incorporation and address of Registered Office

business

investment

company

Subsidiary undertaking

Caprelease Financing Limited

71-75 Shelton Street Covent Garden

Specialist credit broker and lender

Ordinary shares

100%

In the opinion of the directors, the value to the company of the unlisted investments is not less than the book amount shown above.


6.	Debtors	2025	2024
		£	£

	Amounts owed by group undertakings (Note 12)	992,071	1,002
	Other debtors	4,173	100
	Taxation (Note 9)	7,388	2,996
	Called up share capital not paid	(482)	-
	Prepayments and accrued income	4,367	9,213
		─────────	─────────
		1,007,517	13,311
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank overdrafts	-	11,968
	Trade creditors	33,620	11,499
	Taxation (Note 9)	37,307	4,551
	Other creditors	3,708	3,000
	Accruals	126,703	1,151
		─────────	─────────
		201,338	32,169
		═════════	═════════


8.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Shares classified as financial liabilities	2,500,000	304,965
	Other loans	-	28,853
		─────────	─────────
		2,500,000	333,818
		═════════	═════════


9.	Taxation	2025	2024
		£	£

	Debtors:
	VAT	7,388	2,996
		═════════	═════════
	Creditors:
	PAYE / NI	37,307	4,551
		═════════	═════════

10.

Reserves

Share Premium Reserve

The amount is the premium that arose from the issue of shares during 2025.

11.

Capital commitments

The company had no material capital commitments at the financial year-ended 31 October 2025.

12.

Related party transactions

Transactions with group companies include ...

During the Year Caprelease Limited lent Caprelease Financing Limited funds. At the end of the the year the balance owed by Caprelease Finacing Limited to Caprelease Limited was £992,071.

Caprelease Financing Limited is 100% owned by Caprelease Limited. The amount is included within debtors in the balance sheet.

Transactions and balances with group company:

2025

2024

Group Undertaking Debtors

Caprelease Financing Limited

992,071

1,002

═════════

13.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.