REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2023 |
FOR |
CAPCO INVESTMENTS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2023 |
FOR |
CAPCO INVESTMENTS LIMITED |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CAPCO INVESTMENTS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
5 White Oak Square |
London Road |
Swanley |
Kent |
BR8 7AG |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
BALANCE SHEET |
31 JULY 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Revaluation reserve | 8 |
Retained earnings | 8 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
BALANCE SHEET - continued |
31 JULY 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2023 |
1. | STATUTORY INFORMATION |
CAPCO Investments Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in associates |
Investments in associate undertakings are recognised at cost. |
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. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Interest |
in |
associate |
£ |
COST OR VALUATION |
At 1 August 2022 |
and 31 July 2023 |
NET BOOK VALUE |
At 31 July 2023 |
At 31 July 2022 |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2023 |
4. | FIXED ASSET INVESTMENTS - continued |
Cost or valuation at 31 July 2023 is represented by: |
Interest |
in |
associate |
£ |
Valuation in 2013 | 733,570 |
Cost | 66,430 |
800,000 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: Paragon House, St Michaels Close, Aylesford, Kent, ME20 7BU |
Nature of business: |
% |
Class of shares: | holding |
2023 | 2022 |
£ | £ |
Loss for the year | ( |
) |
Registered office: Paragon House, St Michaels Close, Aylesford, Kent, ME20 7BU |
Nature of business: |
% |
Class of shares: | holding |
2023 | 2022 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed by associates |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 150 | 150 |
A Ordinary | 10p | 150 | 150 |
B Ordinary | 10p | 8 | 8 |
308 | 308 |
8. | RESERVES |
Retained | Revaluation |
earnings | reserve | Totals |
£ | £ | £ |
At 1 August 2022 | ( |
) | (1,385 | ) |
Profit for the year |
Dividends | ( |
) | ( |
) |
At 31 July 2023 | ( |
) | (1,385 | ) |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year the company paid dividends to the following directors: |
AJW Wentzell £138,000 (2022 : £137,000) |
SSB Wentzell £138,000 (2022 : £137,000) |
SJR Wentzell £138,000 (2022 : £137,000) |
CAPCO INVESTMENTS LIMITED (REGISTERED NUMBER: 05489339) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2023 |
10. | RELATED PARTY DISCLOSURES |
Capco Investments Limited owns 100% of the share capital in Medway Hygiene (UK) Limited and Capital Cleaning (Kent) Limited. |
At the balance sheet date Capco Investments Limited owed £765,349 (2022: £765,349) to Capital Cleaning (Kent) Limited. |
At the balance sheet date Capco Investments Limited owed £50,705 (2022: £50,705) to Medway Hygiene (UK) Limited in respect of the purchase of the company. |
At the balance sheet date Capco Investments Limited was owed £14,977 (2022: £14,977) by Paragon Properties Kent Limited |
11. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is deemed to be equally SJ Wentzell, SSB Wentzell and AJ Wentzell by virtue of their equal shareholdings in the company. |
12. | GOING CONCERN |
The company continues to have the support of Directors. |