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Registered number: 13525057
Caneras Ltd
Unaudited Financial Statements
For the Period 22 July 2021 to 31 July 2022
Global Outsourcing & Accounting

Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13525057
31 July 2022
Notes £ £
CURRENT ASSETS
Debtors 3 1
Cash at bank and in hand 2,574
2,575
Creditors: Amounts Falling Due Within One Year 4 (1,302 )
NET CURRENT ASSETS (LIABILITIES) 1,273
TOTAL ASSETS LESS CURRENT LIABILITIES 1,273
Creditors: Amounts Falling Due After More Than One Year 5 (1,267 )
NET ASSETS 6
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 5
SHAREHOLDERS' FUNDS 6
For the period ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Anitha Subbaraj
Director
07/09/2022
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 4
4
3. Debtors
31 July 2022
£
Due within one year
Called up share capital not paid 1
1
4. Creditors: Amounts Falling Due Within One Year
31 July 2022
£
VAT 1,302
1,302
5. Creditors: Amounts Falling Due After More Than One Year
31 July 2022
£
Bank loans 1,267
1,267
6. Share Capital
31 July 2022
Called Up Share Capital not Paid 1
Amount of Allotted, Called Up Share Capital 1
7. General Information
Caneras Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13525057 . The registered office is The Business Centre, 21 Hill Street, Haverfordwest, SA61 1QQ.
Page 2