Capel Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 02776173

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		450,000		450,000

			450,000		450,000
CURRENT ASSETS
Cash at bank		18		69

		18		69
Creditors: Amounts Falling Due Within One Year	5	(942 )		(840 )

NET CURRENT ASSETS (LIABILITIES)			(924 )		(771 )

TOTAL ASSETS LESS CURRENT LIABILITIES			449,076		449,229

Creditors: Amounts Falling Due After More Than One Year	6		(428,550 )		(426,229 )

NET ASSETS			20,526		23,000

CAPITAL AND RESERVES
Called up share capital	7		2		2
Revaluation Reserve	8		137,687		137,687
Profit and Loss Account			(117,163 )		(114,689 )

SHAREHOLDERS' FUNDS			20,526		23,000

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Capel Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr T Lee

Director

15/07/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Capel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02776173 . The registered office is 4 Green Lane Business Park, 238 Green Lane, New Eltham, London, SE9 3TL.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover comprises the invoiced of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.4. Investment Properties

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.

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Capel Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 April 2025	450,000

As at 31 March 2026	450,000

Net Book Value
As at 31 March 2026	450,000

As at 1 April 2025	450,000

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other Creditors & Accruals	942	840

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	301,275	301,275
Directors loan account	127,275	124,954

	428,550	426,229

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

8. Reserves

	Revaluation Reserve	Profit and Loss Account
	£	£
As at 1 April 2025	137,687	(114,689 )
Loss for the year and total comprehensive income	-	(2,474 )

As at 31 March 2026	137,687	(117,163 )

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