1 April 2022 false No description of principal activity Taxfiler 2023.10 03178895business:PrivateLimitedCompanyLtd2022-04-012023-04-30 031788952022-03-31 031788952022-04-012023-04-30 03178895business:AuditExempt-NoAccountantsReport2022-04-012023-04-30 03178895business:FilletedAccounts2022-04-012023-04-30 031788952023-04-30 03178895business:Director12022-04-012023-04-30 03178895business:Director22022-04-012023-04-30 03178895business:RegisteredOffice2022-04-012023-04-30 031788952022-03-31 03178895core:WithinOneYear2023-04-30 03178895core:WithinOneYear2022-03-31 03178895core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 03178895core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 03178895core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 03178895core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 03178895core:PreviouslyStatedAmount2023-04-30 03178895core:PreviouslyStatedAmount2022-03-31 03178895business:SmallEntities2022-04-012023-04-30 03178895countries:EnglandWales2022-04-012023-04-30 03178895core:ComputerEquipment2022-04-012023-04-30 03178895core:PlantMachinery2022-03-31 03178895core:ComputerEquipment2022-03-31 03178895core:PlantMachinery2022-04-012023-04-30 03178895core:PlantMachinery2023-04-30 03178895core:ComputerEquipment2023-04-30 031788952021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 03178895 (England and Wales)
Cann Research Limited Unaudited accounts for the period from 1 April 2022 to 30 April 2023
Cann Research Limited Unaudited accounts Contents
Page
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Cann Research Limited Company Information for the period from 1 April 2022 to 30 April 2023
Directors
Richard Skaife Brenda Skaife
Company Number
03178895 (England and Wales)
Registered Office
Old Cann School Butts Knapp Shaftesbury Dorset SP7 8NW England
Accountants
Prime Entry Ltd The Office Rose Cottage Cole Street Lane Gillingham Dorset SP8 5JQ
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Cann Research Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,152 
17,340 
Current assets
Cash at bank and in hand
54,261 
79,038 
Creditors: amounts falling due within one year
(33,437)
(21,694)
Net current assets
20,824 
57,344 
Net assets
37,976 
74,684 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
37,974 
74,682 
Shareholders' funds
37,976 
74,684 
For the period ending 30 April 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 13 June 2023 and were signed on its behalf by
Richard Skaife Director Company Registration No. 03178895
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Cann Research Limited Notes to the Accounts for the period from 1 April 2022 to 30 April 2023
1
Statutory information
Cann Research Limited is a private company, limited by shares, registered in England and Wales, registration number 03178895. The registered office is Old Cann School, Butts Knapp , Shaftesbury, Dorset, SP7 8NW, England.
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 period, and also 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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
14,783 
19,344 
34,127 
Additions
- 
545 
545 
At 30 April 2023
14,783 
19,889 
34,672 
Depreciation
At 1 April 2022
- 
16,787 
16,787 
Charge for the period
- 
733 
733 
At 30 April 2023
- 
17,520 
17,520 
Net book value
At 30 April 2023
14,783 
2,369 
17,152 
At 31 March 2022
14,783 
2,557 
17,340 
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Cann Research Limited Notes to the Accounts for the period from 1 April 2022 to 30 April 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(10)
3,293 
Trade creditors
368 
194 
Taxes and social security
23 
2,643 
Loans from directors
32,006 
14,514 
Accruals
1,050 
1,050 
33,437 
21,694 
6
Average number of employees
During the period the average number of employees was 2 (2022: 2).
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