Company No: 11804305 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	65,021		96,476
Investments	4	5,012		5,012
		70,033		101,488
Current assets
Debtors	5	2,428,286		1,738,144
Cash at bank and in hand		59,292		264,424
		2,487,578		2,002,568
Creditors: amounts falling due within one year	6	( 957,492)		( 701,461)
Net current assets		1,530,086		1,301,107
Total assets less current liabilities		1,600,119		1,402,595
Creditors: amounts falling due after more than one year	7	0		( 78,083)
Provision for liabilities		12,903		16,959
Net assets		1,613,022		1,341,471
Capital and reserves
Called-up share capital	8	900		1,000
Revaluation reserve		( 10,000 )		( 10,000 )
Capital redemption reserve		100		0
Profit and loss account		1,622,022		1,350,471
Total shareholder's funds		1,613,022		1,341,471

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of CapInvest (Finance) Limited (registered number: 11804305) were approved and authorised for issue by the Director on 30 July 2026. They were signed on its behalf by:

Mr A E Tutte Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CapInvest (Finance) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Chatsworth House, Gannel Road, Newquay, TR7 2AG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

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

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line, and reducing balance basis over its expected useful life, as follows:

Leasehold improvements	not depreciated
Vehicles	25 % reducing balance
Fixtures and fittings	20 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Leasehold improve- ments		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 May 2025	13,219		100,678		2,632		6,303		122,832
Additions	0		112,678		0		1,325		114,003
Disposals	0		( 160,845)		( 1,400)		( 3,190)		( 165,435)
At 30 April 2026	13,219		52,511		1,232		4,438		71,400
Accumulated depreciation
At 01 May 2025	0		21,179		1,761		3,416		26,356
Charge for the financial year	0		2,974		101		1,308		4,383
Disposals	0		( 20,837)		( 1,033)		( 2,490)		( 24,360)
At 30 April 2026	0		3,316		829		2,234		6,379
Net book value
At 30 April 2026	13,219		49,195		403		2,204		65,021
At 30 April 2025	13,219		79,499		871		2,887		96,476

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 May 2025	5,012		5,012
At 30 April 2026	5,012		5,012
Carrying value at 30 April 2026	5,012		5,012
Carrying value at 30 April 2025	5,012		5,012

5. Debtors

	2026		2025
	£		£
Trade debtors	2,424,530		1,729,235
Other debtors	3,756		8,909
	2,428,286		1,738,144

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	2,636		10,439
Trade creditors	696		14,238
Amounts owed to connected companies	341,003		196,875
Other loans	419,746		329,746
Accruals	14,740		15,035
Taxation and social security	132,333		122,060
Obligations under finance leases and hire purchase contracts	46,288		13,068
Other creditors	50		0
	957,492		701,461

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		2,616
Obligations under finance leases and hire purchase contracts (secured)	0		75,467
	0		78,083

The hire purchase contracts are secured on the vehicles on which the finance relates.

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
900 Ordinary A shares of £ 1.00 each	900		900
Nil Ordinary B shares (2025: 100 shares of £ 1.00 each)	0		100
	900		1,000

On 02/01/2026 the company bought back the 100 Ordinary B Shares for £1 each.