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REGISTERED NUMBER: 08012409 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 12 JUNE 2024

FOR


CANARY FALLS LTD



CANARY FALLS LTD (REGISTERED NUMBER: 08012409)








CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 12 JUNE 2024





Page




Company Information  

1




Balance Sheet  

2




Notes to the Financial Statements  

3





CANARY FALLS LTD



COMPANY INFORMATION

FOR THE PERIOD 1 APRIL 2024 TO 12 JUNE 2024









DIRECTOR:

Mrs M Mirshahi







REGISTERED OFFICE:

7 St John's Road


Harrow


Middlesex


HA1 2EY







REGISTERED NUMBER:

08012409 (England and Wales)







ACCOUNTANTS:

Macalvins Limited


Chartered Accountants


7 St John's Road


Harrow


Middlesex


HA1 2EY



CANARY FALLS LTD (REGISTERED NUMBER: 08012409)



BALANCE SHEET

12 JUNE 2024



12.6.24

31.3.24



Notes

£   

£   

£   

£   


FIXED ASSETS

Investment property

4

190,000


190,000




CURRENT ASSETS

Cash at bank

31,696


32,760




CREDITORS

Amounts falling due within one year

5

146,861


148,714



NET CURRENT LIABILITIES

(115,165

)

(115,954

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

74,835


74,046




CAPITAL AND RESERVES

Called up share capital

4


4



Investment property reserve

6

17,606


17,606



Retained earnings

6

57,225


56,436



74,835


74,046




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 12 June 2024.


The members have not required the company to obtain an audit of its financial statements for the period ended 12 June 2024 in accordance with Section 476 of the Companies Act 2006.  


The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.  


In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.


The financial statements were approved by the director and authorised for issue on 17 June 2024 and were signed by:






Mrs M Mirshahi - Director




CANARY FALLS LTD (REGISTERED NUMBER: 08012409)



NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 12 JUNE 2024


1.

STATUTORY INFORMATION



Canary Falls Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.


The presentation currency of the financial statements is the Pound Sterling (£).


2.

ACCOUNTING POLICIES



Basis of preparing the financial statements


These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.    



Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.


Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

EMPLOYEES AND DIRECTORS



The average number of employees during the period was NIL (2024 - NIL).


4.

INVESTMENT PROPERTY


Total

£   



FAIR VALUE


At 1 April 2024


and 12 June 2024

190,000




NET BOOK VALUE


At 12 June 2024

190,000




At 31 March 2024

190,000





CANARY FALLS LTD (REGISTERED NUMBER: 08012409)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 12 JUNE 2024


4.

INVESTMENT PROPERTY - continued



Fair value at 12 June 2024 is represented by:

£   



Valuation in 2024

17,606




Cost

172,394



190,000




5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



12.6.24


31.3.24

£   

£   



Taxation and social security

185


1,226




Other creditors

146,676


147,488



146,861


148,714




6.

RESERVES


Investment



Retained


property



earnings


reserve


Totals

£   

£   

£   




At 1 April 2024

56,436


17,606


74,042




Profit for the period

789


789




At 12 June 2024

57,225


17,606


74,831




The investment property reserve is non-distributable.

7.

RELATED PARTY DISCLOSURES



As at year end the company owed £145,927 to the director of the company. The loan is interest free and with no fixed repayment terms.