1 October 2022 false No description of principal activity Taxfiler 2023.10.1 06279971business:PrivateLimitedCompanyLtd2022-10-012023-09-30 062799712022-09-30 062799712022-10-012023-09-30 06279971business:AuditExemptWithAccountantsReport2022-10-012023-09-30 06279971business:FilletedAccounts2022-10-012023-09-30 062799712023-09-30 06279971business:Director12022-10-012023-09-30 06279971business:RegisteredOffice2022-10-012023-09-30 062799712022-09-30 06279971core:WithinOneYear2023-09-30 06279971core:WithinOneYear2022-09-30 06279971core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 06279971core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 06279971core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 06279971core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 06279971core:PreviouslyStatedAmount2023-09-30 06279971core:PreviouslyStatedAmount2022-09-30 06279971business:SmallEntities2022-10-012023-09-30 06279971countries:EnglandWales2022-10-012023-09-30 06279971core:ComputerEquipment2022-10-012023-09-30 06279971core:ComputerEquipment2022-09-30 06279971core:ComputerEquipment2023-09-30 06279971core:AdditionsToInvestments2023-09-30 06279971core:RevaluationsIncreaseDecreaseInInvestments2023-09-30 06279971business:OrdinaryShareClass12022-10-012023-09-30 06279971business:OrdinaryShareClass12021-10-012022-09-30 06279971business:OrdinaryShareClass22022-10-012023-09-30 06279971business:OrdinaryShareClass22021-10-012022-09-30 06279971business:AllOrdinaryShares2022-10-012023-09-30 06279971business:AllOrdinaryShares2021-10-012022-09-30 062799712021-10-012022-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06279971 (England and Wales)
Canon Search Ltd Unaudited accounts for the year ended 30 September 2023
Canon Search Ltd Unaudited accounts Contents
Page
- 2 -
Canon Search Ltd Company Information for the year ended 30 September 2023
Director
Mr T Metcalfe
Company Number
06279971 (England and Wales)
Registered Office
111 Sheen Road London TW9 1YJ
Accountants
Ambly Accountants Ltd 56 Amberley Gardens Stoneleigh Surrey KT19 0NG
- 3 -
Canon Search Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
181 
Investments
88,366 
52,907 
88,366 
53,088 
Current assets
Debtors
47,610 
1,650 
Cash at bank and in hand
16,351 
94,091 
63,961 
95,741 
Creditors: amounts falling due within one year
(63,369)
(67,839)
Net current assets
592 
27,902 
Net assets
88,958 
80,990 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
88,956 
80,988 
Shareholders' funds
88,958 
80,990 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 23 November 2023 and were signed on its behalf by
Mr T Metcalfe Director Company Registration No. 06279971
- 4 -
Canon Search Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Canon Search Ltd is a private company, limited by shares, registered in England and Wales, registration number 06279971. The registered office is 111 Sheen Road, London, TW9 1YJ.
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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
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. The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.
Computer equipment
Straight line over 3 years
Income recognition
Income is recognised when services have been provided.
Taxation
Taxation expense for the period comprises current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account. Current and deferred taxation liabilities are not discounted. (i) Current tax Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of the tax rates and laws that have been enacted or substantively enacted by the period end. (ii) Deferred tax Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and are expected to apply to the reversal of the timing difference.
Investments
Investments in shares are included at fair value.
- 5 -
Canon Search Ltd Notes to the Accounts for the year ended 30 September 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
545 
At 30 September 2023
545 
Depreciation
At 1 October 2022
364 
Charge for the year
181 
At 30 September 2023
545 
Net book value
At 30 September 2023
- 
At 30 September 2022
181 
5
Investments
Other investments 
£ 
Valuation at 1 October 2022
52,907 
Additions
45,000 
Fair value adjustments
(9,541)
Valuation at 30 September 2023
88,366 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
45,960 
- 
Accrued income and prepayments
1,650 
1,650 
47,610 
1,650 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
63,012 
66,680 
Loans from directors
31 
76 
Accruals
326 
1,083 
63,369 
67,839 
- 6 -
Canon Search Ltd Notes to the Accounts for the year ended 30 September 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary 'A' shares of £1 each
1 
1 
1 Ordinary 'B' shares of £1 each
1 
1 
2 
2 
9
Transactions with related parties
The total amount of dividends paid to the director in the year were £111,352 (2022 - £197,850). At the start of the year T Metcalfe was owed by the company £76, advances during the year were £97,953 and repayments were £97,908. At the year end T Metcalfe was owed £31. This amount is included in "Loans from directors" in the creditors note. This loan is interest free.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -