Company Registration No. 12350025 (England and Wales)
CANARY CORPORATION LTD
Unaudited accounts
for the year ended 31 December 2022
CANARY CORPORATION LTD
Unaudited accounts
Contents
CANARY CORPORATION LTD
Company Information
for the year ended 31 December 2022
Director
Richard Graham GOULDSBOROUGH
Company Number
12350025 (England and Wales)
Registered Office
THE UNION BUILDING
51-59 ROSE LANE
NORWICH
NR1 1BY
ENGLAND
CANARY CORPORATION LTD
Statement of financial position
as at 31 December 2022
Tangible assets
118,494
82,020
Cash at bank and in hand
18,446
11,491
Creditors: amounts falling due within one year
(123,902)
(253,559)
Net current liabilities
(69,110)
(238,278)
Total assets less current liabilities
49,384
(156,258)
Creditors: amounts falling due after more than one year
(40,000)
-
Net assets/(liabilities)
9,384
(156,258)
Called up share capital
1
1
Profit and loss account
9,383
(156,259)
Shareholders' funds
9,384
(156,258)
For the year ending 31 December 2022 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 2 March 2024 and were signed on its behalf by
Richard Graham GOULDSBOROUGH
Director
Company Registration No. 12350025
CANARY CORPORATION LTD
Notes to the Accounts
for the year ended 31 December 2022
CANARY CORPORATION LTD is a private company, limited by shares, registered in England and Wales, registration number 12350025. The registered office is THE UNION BUILDING, 51-59 ROSE LANE, NORWICH, NR1 1BY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
Straight line-10%
Fixtures & fittings
Straight line-10%
Computer equipment
Straight line-15%
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
86,032
-
4,591
90,623
Additions
32,460
16,254
2,262
50,976
At 31 December 2022
118,492
16,254
6,853
141,599
At 1 January 2022
8,603
-
-
8,603
Charge for the year
11,849
1,625
1,028
14,502
At 31 December 2022
20,452
1,625
1,028
23,105
At 31 December 2022
98,040
14,629
5,825
118,494
At 31 December 2021
77,429
-
4,591
82,020
Amounts falling due within one year
Trade debtors
36,346
3,790
CANARY CORPORATION LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
16,474
29,657
Other creditors
43,908
75,000
Loans from directors
45,050
100,000
7
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
40,000
-
8
Average number of employees
During the year the average number of employees was 9 (2021: 9).