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REGISTERED NUMBER: 11810012 (England and Wales)















Financial Statements for the Year Ended 28th February 2022

for

Cana Advisory Limited

Cana Advisory Limited (Registered number: 11810012)






Contents of the Financial Statements
for the Year Ended 28th February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cana Advisory Limited

Company Information
for the Year Ended 28th February 2022







DIRECTORS: Mr R J Hughes
Mrs M L Hughes





REGISTERED OFFICE: Ground Floor
Southway House
29 Southway
Colchester
Essex
CO2 7BA





REGISTERED NUMBER: 11810012 (England and Wales)

Cana Advisory Limited (Registered number: 11810012)

Balance Sheet
28th February 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 807 1,076

CURRENT ASSETS
Debtors 5 16,832 37,014
Cash at bank 21,103 3,028
37,935 40,042
CREDITORS
Amounts falling due within one year 6 12,751 21,794
NET CURRENT ASSETS 25,184 18,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,991

19,324

PROVISIONS FOR LIABILITIES 153 204
NET ASSETS 25,838 19,120

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 25,738 19,020
SHAREHOLDERS' FUNDS 25,838 19,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2022 in accordance with Section 476 of the Companies Act 2006.

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.

Cana Advisory Limited (Registered number: 11810012)

Balance Sheet - continued
28th February 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th August 2022 and were signed on its behalf by:




Mr R J Hughes - Director



Mrs M L Hughes - Director


Cana Advisory Limited (Registered number: 11810012)

Notes to the Financial Statements
for the Year Ended 28th February 2022

1. STATUTORY INFORMATION

Cana Advisory Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Cana Advisory Limited (Registered number: 11810012)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2022

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1st March 2021
and 28th February 2022 1,519
DEPRECIATION
At 1st March 2021 443
Charge for year 269
At 28th February 2022 712
NET BOOK VALUE
At 28th February 2022 807
At 28th February 2021 1,076

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 4,200 20,166
Prepayments and accrued income 12,632 16,848
16,832 37,014

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 8,109 16,961
Other creditors 4,642 4,833
12,751 21,794

7. ULTIMATE CONTROLLING PARTY

The controlling party is the directors.