CAPITAL NG LIMITED - Filleted accounts

Registered number

16531778

CAPITAL NG LIMITED

Filleted Accounts

30 June 2026

CAPITAL NG LIMITED
Registered number:		16531778
Balance Sheet
as at 30 June 2026

Notes			2026
£
Fixed assets
Tangible assets	3		895
			895

Current assets
Debtors	4	18,936
Cash at bank and in hand		85,401
		104,337

Creditors: amounts falling due within one year	5	(70,172)

Net current assets			34,165

Total assets less current liabilities			35,060

Provisions for liabilities			(170)

Net assets			34,890

Capital and reserves
Called up share capital			1,000
Profit and loss account			33,890

Shareholder's funds			34,890

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr. Nicolas Gosling
Director
Approved by the board on 11 August 2026

CAPITAL NG LIMITED
Notes to the Accounts
for the period from 20 June 2025 to 30 June 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Computers	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees		2026
Number

	Average number of persons employed by the company		1

3	Tangible fixed assets
			Computers		Total
£				£
	Cost
	At 20 June 2025		-		-
	Additions		1,074		1,074
	At 30 June 2026		1,074		1,074

	Depreciation
	At 20 June 2025		-		-
	Charge for the period		179		179
	At 30 June 2026		179		179

	Net book value
	At 30 June 2026		895		895
	At 19 June 2025		-		-

4	Debtors		2026
£

	VAT repayable		230
	Trade debtors		18,706
			18,936

5	Creditors: amounts falling due within one year		2026
£

	Mr. Nicolas Gosling		1,849
	Corporation tax		8,033
	Accruals		60,290
			70,172

6	Ultimate controlling party and related party transactions
	The company was under the control of Mr. Nicolas Gosling throughout the current period.
	No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 except for those disclosed below.

			2026
£
	Equity dividends paid to Mr. Nicolas Gosling		1,000
	Balance owing (to) / from Mr. Nicolas Gosling		(1,849)

	Interest at 3.75% per annum is charged on balances over £10,000 owed to the company.

7	Other information
	CAPITAL NG LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	31 Strawberry How Road
	Cockermouth
	Cumbria
	CA13 9ZD