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Company Registration No. 14718580 (England and Wales)
Canvas74 Ltd Unaudited accounts for the period from 9 March 2023 to 31 March 2024
Canvas74 Ltd Unaudited accounts Contents
Page
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Canvas74 Ltd Company Information for the period from 9 March 2023 to 31 March 2024
Director
Oliver James Elliott
Company Number
14718580 (England and Wales)
Registered Office
74B Fenwick Road London SE15 4HN England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Canvas74 Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Current assets
Cash at bank and in hand
6,836 
Creditors: amounts falling due within one year
(6,835)
Net current assets
1 
Net assets
1 
Capital and reserves
Called up share capital
1 
Shareholders' funds
1 
For the period ending 31 March 2024 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 27 November 2024 and were signed on its behalf by
Oliver James Elliott Director Company Registration No. 14718580
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Canvas74 Ltd Notes to the Accounts for the period from 9 March 2023 to 31 March 2024
1
Statutory information
Canvas74 Ltd is a private company, limited by shares, registered in England and Wales, registration number 14718580. The registered office is 74B Fenwick Road, London, SE15 4HN, England. The company is in the process of being wound up.
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
These financial statements for the period from 9 March 2023 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 9 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Going concern
The company is winding down and as such the company is not considered to be a going concern. The financial statements have therefore been prepared on a break-up basis.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 9 March 2023
- 
Additions
1,208 
Disposals
(1,208)
At 31 March 2024
- 
Depreciation
Charge for the period
302 
On disposals
(302)
At 31 March 2024
- 
Net book value
At 31 March 2024
- 
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Canvas74 Ltd Notes to the Accounts for the period from 9 March 2023 to 31 March 2024
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
2,009 
Loans from directors
4,706 
Accruals
120 
6,835 
6
Average number of employees
During the period the average number of employees was 1.
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