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REGISTERED NUMBER: 14544602 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

16 DECEMBER 2022 TO 31 DECEMBER 2023

FOR

CANNON GREEN LTD

CANNON GREEN LTD (REGISTERED NUMBER: 14544602)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 DECEMBER 2022 TO 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CANNON GREEN LTD

COMPANY INFORMATION
FOR THE PERIOD 16 DECEMBER 2022 TO 31 DECEMBER 2023







DIRECTORS: A M Stowell
A K J Stowell
P H S Stowell





REGISTERED OFFICE: The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN





REGISTERED NUMBER: 14544602 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN

CANNON GREEN LTD (REGISTERED NUMBER: 14544602)

BALANCE SHEET
31 DECEMBER 2023

Notes £ £
FIXED ASSETS
Tangible assets 4 259,291

CURRENT ASSETS
Stocks 4,135
Debtors 5 301,383
Cash at bank 60,822
366,340
CREDITORS
Amounts falling due within one year 6 22,091
NET CURRENT ASSETS 344,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

603,540

CREDITORS
Amounts falling due after more than one
year

7

500,000
NET ASSETS 103,540

CAPITAL AND RESERVES
Called up share capital 8 125
Share premium 399,975
Retained earnings (296,560 )
SHAREHOLDERS' FUNDS 103,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CANNON GREEN LTD (REGISTERED NUMBER: 14544602)

BALANCE SHEET - continued
31 DECEMBER 2023


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 and authorised for issue by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





P H S Stowell - Director


CANNON GREEN LTD (REGISTERED NUMBER: 14544602)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 DECEMBER 2022 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Cannon Green 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.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

CANNON GREEN LTD (REGISTERED NUMBER: 14544602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 DECEMBER 2022 TO 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and Computer
to property machinery fittings equipment Totals
£ £ £ £ £
COST
Additions 47,820 6,033 241,962 5,772 301,587
At 31 December 2023 47,820 6,033 241,962 5,772 301,587
DEPRECIATION
Charge for period 2,961 960 37,396 979 42,296
At 31 December 2023 2,961 960 37,396 979 42,296
NET BOOK VALUE
At 31 December 2023 44,859 5,073 204,566 4,793 259,291

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade debtors 554
Other debtors 208,153
VAT 1,137
Prepayments and accrued income 91,539
301,383

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade creditors 4,010
Accruals and deferred income 18,081
22,091

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£
Other loans - 1-2 years 500,000

CANNON GREEN LTD (REGISTERED NUMBER: 14544602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 DECEMBER 2022 TO 31 DECEMBER 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £
100 Ordinary £1 125
25 Ordinary £1 -
125

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

25 Ordinary shares of £1 each were allotted as fully paid at a premium of £15,999 per share during the period.