4 February 2022 false No description of principal activity Taxfiler 2023.10 13892573business:PrivateLimitedCompanyLtd2022-02-042023-03-31 138925732022-02-03 138925732022-02-042023-03-31 13892573business:AuditExemptWithAccountantsReport2022-02-042023-03-31 13892573business:FilletedAccounts2022-02-042023-03-31 138925732023-03-31 13892573business:Director12022-02-042023-03-31 13892573business:Director22022-02-042023-03-31 13892573business:Director32022-02-042023-03-31 13892573business:RegisteredOffice2022-02-042023-03-31 13892573core:WithinOneYear2023-03-31 13892573core:AfterOneYear2023-03-31 13892573core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13892573core:PreviouslyStatedAmount2023-03-31 13892573business:SmallEntities2022-02-042023-03-31 13892573countries:EnglandWales2022-02-042023-03-31 13892573core:LandBuildings2022-02-042023-03-31 13892573core:LandBuildings2022-02-03 13892573core:LandBuildings2023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13892573 (England and Wales)
Canning Business Centre Limited Unaudited accounts for the period from 4 February 2022 to 31 March 2023
Canning Business Centre Limited Unaudited accounts Contents
Page
- 2 -
Canning Business Centre Limited Company Information for the period from 4 February 2022 to 31 March 2023
Directors
Abdul Rashid THADHA Mohamed Yahya THADHA Suleman Aziz THADHA
Company Number
13892573 (England and Wales)
Registered Office
85 Highway Road Leicester LE5 5RF
Accountants
Ghumra & Co Limited 122 Charles Street Leicester LE1 1LB
- 3 -
Canning Business Centre Limited Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,335,201 
Current assets
Cash at bank and in hand
43,702 
Creditors: amounts falling due within one year
(1,200)
Net current assets
42,502 
Total assets less current liabilities
2,377,703 
Creditors: amounts falling due after more than one year
(2,443,215)
Net liabilities
(65,512)
Capital and reserves
Profit and loss account
(65,512)
Shareholders' funds
(65,512)
For the period ending 31 March 2023 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 2 November 2023 and were signed on its behalf by
Mohamed Yahya THADHA Director Company Registration No. 13892573
- 4 -
Canning Business Centre Limited Notes to the Accounts for the period from 4 February 2022 to 31 March 2023
1
Statutory information
Canning Business Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 13892573. The registered office is 85 Highway Road, Leicester, LE5 5RF.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
2% straight line
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 4 February 2022
- 
Additions
2,382,860 
At 31 March 2023
2,382,860 
Depreciation
Charge for the period
47,659 
At 31 March 2023
47,659 
Net book value
At 31 March 2023
2,335,201 
5
Creditors: amounts falling due within one year
2023 
£ 
Accruals
1,200 
6
Creditors: amounts falling due after more than one year
2023 
£ 
Other creditors
2,443,215 
- 5 -
Canning Business Centre Limited Notes to the Accounts for the period from 4 February 2022 to 31 March 2023
7
Transactions with related parties
Other creditors include the following interest free loans: £833,661 due to Price Cut Books Limited, a company in which Abdul Rashid Thadha is interested as a director and shareholder; £121,266 due to MY Thada Investments Limited, a company in which Mohamed Yahya Thadha is interested as a director and shareholder; £793,661 due to PCS Books Limited, a company in which Suleman Aziz Thadha is interested as a director and shareholder; and £693,877 due to Koblit Limited, a company in which Mohamed Yahya Thadha is interested as a director and shareholder;
8
Average number of employees
During the period the average number of employees was 3.
- 6 -