2023-05-01 04277504 2024-04-30 04277504 2023-05-01 2024-04-30 04277504 2023-04-30 04277504 2022-05-01 2023-04-30 04277504 uk-core:WithinOneYear 2023-04-30 04277504 uk-core:WithinOneYear 2024-04-30 04277504 uk-core:AfterOneYear 2023-04-30 04277504 uk-core:AfterOneYear 2024-04-30 04277504 uk-core:ShareCapital 2024-04-30 04277504 uk-core:ShareCapital 2023-04-30 04277504 uk-core:RevaluationReserve 2024-04-30 04277504 uk-core:RevaluationReserve 2023-04-30 04277504 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 04277504 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 04277504 uk-bus:Director1 2023-05-01 2024-04-30 04277504 uk-core:FurnitureFittings 2023-05-01 2024-04-30 04277504 uk-core:FurnitureFittings 2023-04-30 04277504 uk-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 04277504 uk-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 04277504 uk-core:FurnitureFittings 2024-04-30 iso4217:GBP xbrli:pure 04277504 uk-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04277504 uk-bus:FRS102 2023-05-01 2024-04-30 04277504 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 04277504 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Cannon Christian Properties Ltd
Registered Number:04277504
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Cannon Christian Properties Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04277504
As at 30 April 2024
Cannon Christian Properties Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
200,005
200,005
2
200,005
200,005
Current assets
17,736
Cash and cash equivalents
22,397
22,397
17,736
Trade and other payables: amounts falling due within one
year
(1,632)
(3,421)
3
16,104
18,976
Net current assets
Total assets less current liabilities
218,981
216,109
Trade and other payables: amounts falling due after more
than one year
(1,129)
(1,418)
4
217,563
Net assets
214,980
Capital and reserves
Called up share capital
100
100
Revaluation reserve
57,469
57,469
5
Retained earnings
159,994
157,411
217,563
214,980
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr N E Christian Director
These financial statements were approved and authorised for issue by the Board on 26 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2024
Cannon Christian Properties Ltd
Notes to the Financial Statements
Statutory Information
Cannon Christian Properties Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04277504.
Registered address:
The Old Police Station
Halkyn Street
Holywell
Flintshire
CH8 7TX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rents receivable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
10% Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Investment property
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 30 April 2024
Cannon Christian Properties Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Land and
buildings
£
£
£
Cost or
valuation
At 01 May 2023
203,613
3,613
200,000
At 30 April 2024
200,000
3,613
203,613
Provision for depreciation and impairment
At 01 May 2023
3,608
3,608
-
At 30 April 2024
3,608
3,608
-
At 30 April 2024
Net book value
200,000
5
200,005
At 30 April 2023
200,000
5
200,005
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
3,421
1,632
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
1,129
1,418
Directors' loan accounts
5. Reserves
Total
£
Revaluation reserve at 01 May 2023
57,469
57,469
Revaluation reserve at 30 April 2024
6. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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