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Registration number: 03625539

Capitol Commercial Collections Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Capitol Commercial Collections Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Capitol Commercial Collections Limited

Company Information

Directors | Mr D M Morris Mr M Phillips Mrs E Dagul

Company secretary | Mrs D B Morris

Registered office | Capitol House Saint Marys Road Watford Hertfordshire WD18 0RR

Capitol Commercial Collections Limited

(Registration number: 03625539)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 2,384 | 307
Current assets |  |  |
Debtors | 5 | 8,592 | 10,483
Cash at bank and in hand |  | 622,816 | 620,814
|  | 631,408 | 631,297
Creditors: Amounts falling due within one year | 6 | (598,827) | (574,047)
Net current assets |  | 32,581 | 57,250
Net assets |  | 34,965 | 57,557
Capital and reserves |  |  |
Called up share capital | 7 | 1,300 | 1,300
Retained earnings |  | 33,665 | 56,257
Shareholders' funds |  | 34,965 | 57,557

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 July 2026 and signed on its behalf by:

Capitol Commercial Collections Limited

(Registration number: 03625539)
Balance Sheet as at 31 October 2025

......................................... Mr D M Morris Director
......................................... Mr M Phillips Director
......................................... Mrs E Dagul Director

Capitol Commercial Collections Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Capitol House
Saint Marys Road
Watford
Hertfordshire
WD18 0RR

These financial statements were authorised for issue by the Board on 28 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Capitol Commercial Collections Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold improvements | Straight line over 3 to 4 years
Furniture and fittings | 15% on cost
Office equipment | 33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Capitol Commercial Collections Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Capitol Commercial Collections Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 November 2024 | 39,857 | 81,486 | 121,343
Additions | - | 3,576 | 3,576
At 31 October 2025 | 39,857 | 85,062 | 124,919
Depreciation
At 1 November 2024 | 39,857 | 81,179 | 121,036
Charge for the year | - | 1,499 | 1,499
At 31 October 2025 | 39,857 | 82,678 | 122,535
Carrying amount
At 31 October 2025 | - | 2,384 | 2,384
At 31 October 2024 | - | 307 | 307

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 6,792 | 10,483
Other debtors | 1,800 | -
| 8,592 | 10,483

6 | Creditors

Creditors: amounts falling due within one year

Capitol Commercial Collections Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 540 | 2,804
Taxation and social security | 8,156 | 11,129
Accruals and deferred income | 2,500 | 2,000
Other creditors | 587,631 | 558,114
| 598,827 | 574,047

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
A Ordinary shares of £1 each | 900 | 900 | 900 | 900
B Ordinary shares of £1 each | 100 | 100 | 100 | 100
C Ordinary shares of £1 each | 100 | 100 | 100 | 100
D Ordinary shares of £1 each | 100 | 100 | 100 | 100
E Ordinary shares of £1 each | 100 | 100 | 100 | 100
| 1,300 | 1,300 | 1,300 | 1,300