Company Registration No. 06479396 (England and Wales)
CANNON CARS (LONDON) LIMITED
Unaudited accounts
for the year ended 31 March 2024
CANNON CARS (LONDON) LIMITED
Unaudited accounts
Contents
CANNON CARS (LONDON) LIMITED
Company Information
for the year ended 31 March 2024
Company Number
06479396 (England and Wales)
Registered Office
2ND AND 3RD FLOOR
221 WHITECHAPEL ROAD
LONDON
E1 1DE
CANNON CARS (LONDON) LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
2,158
4,439
Creditors: amounts falling due within one year
(4,286)
(12,606)
Net current assets/(liabilities)
2,672
(8,167)
Total assets less current liabilities
3,019
(7,743)
Creditors: amounts falling due after more than one year
(4,767)
-
Net liabilities
(1,748)
(7,743)
Called up share capital
3
3
Profit and loss account
(1,751)
(7,746)
Shareholders' funds
(1,748)
(7,743)
For the year 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 19 March 2025 and were signed on its behalf by
BASHIR UDDIN
Director
Company Registration No. 06479396
CANNON CARS (LONDON) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
CANNON CARS (LONDON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06479396. The registered office is 2ND AND 3RD FLOOR, 221 WHITECHAPEL ROAD, LONDON, E1 1DE.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
2,250
1,105
3,355
At 31 March 2024
2,250
1,105
3,355
At 1 April 2023
2,035
896
2,931
Charge for the year
39
38
77
At 31 March 2024
2,074
934
3,008
At 31 March 2024
176
171
347
At 31 March 2023
215
209
424
Amounts falling due within one year
CANNON CARS (LONDON) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,689
2,012
Loans from directors
157
2,152
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).