Company Registration No. 14936161 (England and Wales)
Capital Angling Limited
Unaudited accounts
for the year ended 31 December 2025
Capital Angling Limited
Unaudited accounts
Contents
Capital Angling Limited
Company Information
for the year ended 31 December 2025
Directors
Jamie Andrew Jackson
Mark Stephen Pitchers
Judith Margarete Theresa Pitchers
Charlotte Dyane Midgley
Michelle Ellis
Company Number
14936161 (England and Wales)
Registered Office
Unit D Ark
Enterprise Way, Duckmanton
Chesterfield
Derbyshire
S44 5GG
England
Accountants
Jacobs & Company
152 Coles Green Road
London
NW2 7HD
Capital Angling Limited
Statement of financial position
as at 31 December 2025
Tangible assets
146,408
165,906
Inventories
1,709,495
2,457,035
Cash at bank and in hand
132,017
53,588
Creditors: amounts falling due within one year
(3,556,398)
(3,129,678)
Net current liabilities
(1,483,871)
(383,088)
Total assets less current liabilities
(1,337,463)
(217,182)
Provisions for liabilities
Deferred tax
(39,173)
(31,415)
Net liabilities
(1,376,636)
(248,597)
Called up share capital
2
2
Profit and loss account
(1,376,638)
(248,599)
Shareholders' funds
(1,376,636)
(248,597)
For the year ending 31 December 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
Jamie Andrew Jackson
Director
Company Registration No. 14936161
Capital Angling Limited
Notes to the Accounts
for the year ended 31 December 2025
Capital Angling Limited is a private company, limited by shares, registered in England and Wales, registration number 14936161. The registered office is Unit D Ark, Enterprise Way, Duckmanton, Chesterfield, Derbyshire, S44 5GG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the life of the lease
Plant & machinery
Straight line 3 years
Fixtures & fittings
Straight line 3 years
Computer equipment
Straight line 3 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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 accounts. 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 current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Capital Angling Limited
Notes to the Accounts
for the year ended 31 December 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
48,041
145,570
11,121
204,732
Additions
-
10,960
20,116
31,076
At 31 December 2025
48,041
156,530
31,237
235,808
At 1 January 2025
7,793
30,433
600
38,826
Charge for the year
7,397
38,761
4,416
50,574
At 31 December 2025
15,190
69,194
5,016
89,400
At 31 December 2025
32,851
87,336
26,221
146,408
At 31 December 2024
40,248
115,137
10,521
165,906
Finished goods
1,709,495
2,457,035
Inventories comprise finshed goods for resale.
Amounts falling due within one year
Amounts due from group undertakings etc.
28,863
15,750
Accrued income and prepayments
149,065
26,909
Amounts falling due after more than one year
Other debtors
37,471
37,471
Capital Angling Limited
Notes to the Accounts
for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
301,255
320,614
Amounts owed to group undertakings and other participating interests
3,190,278
2,769,975
Taxes and social security
5,200
4,170
8
Deferred taxation
2025
2024
Accelerated capital allowances
39,173
31,415
Provision at start of year
31,415
-
Charged to the profit and loss account
7,758
31,415
Provision at end of year
39,173
31,415
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Operating lease commitments
2025
2024
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
82,431
79,845
Later than one year and not later than five years
153,084
216,774
The directors consider the ultimate controlling parent undertaking to be Capital UK Holdings Ltd, a company incorporated in England.
12
Average number of employees
During the year the average number of employees was 15 (2024: 7).