CANMART LTD

Company Registration Number:
11741517 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

CANMART LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

CANMART LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 12,626 12,626
Tangible assets: 4 5,410 3,729
Investments: 5 15,769,301 0
Total fixed assets: 15,787,337 16,355
Current assets
Stocks: 0 0
Debtors:   1,218,928 434,698
Cash at bank and in hand: 64,123 2,577,674
Investments:   0 0
Total current assets: 1,283,051 3,012,372
Creditors: amounts falling due within one year: 6 (761,121) (213,011)
Net current assets (liabilities): 521,930 2,799,361
Total assets less current liabilities: 16,309,267 2,815,716
Creditors: amounts falling due after more than one year:   (23,968,101) (4,069,754)
Provision for liabilities: 0 0
Total net assets (liabilities): (7,658,834) (1,254,038)
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 15,498 15,498
Profit and loss account: (7,674,334) (1,269,538)
Shareholders funds: (7,658,834) (1,254,038)

The notes form part of these financial statements

CANMART LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2023
and signed on behalf of the board by:

Name: Darran Quinn
Status: Director

The notes form part of these financial statements

CANMART LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CANMART LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

CANMART LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 12,626
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 12,626
Amortisation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2022 0
Net book value
At 31 December 2022 12,626
At 31 December 2021 12,626

CANMART LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 4,077
Additions 3,740
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 7,817
Depreciation
At 01 January 2022 348
Charge for year 2,059
On disposals 0
Other adjustments 0
At 31 December 2022 2,407
Net book value
At 31 December 2022 5,410
At 31 December 2021 3,729

CANMART LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Fixed investments

Unlisted investments are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

CANMART LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

7611121