CANARY LOCUMS LTD

Company Registration Number:
09078975 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

CANARY LOCUMS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

CANARY LOCUMS LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 0 150,455
Total fixed assets: 0 150,455
Current assets
Debtors: 4 71,738 578,149
Cash at bank and in hand: 2,843 4,817
Total current assets: 74,581 582,966
Creditors: amounts falling due within one year: 5 (196,345) (259,537)
Net current assets (liabilities): (121,764) 323,429
Total assets less current liabilities: (121,764) 473,884
Creditors: amounts falling due after more than one year: 6 (94,583) (426,433)
Total net assets (liabilities): (216,347) 47,451
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (216,348) 47,450
Shareholders funds: (216,347) 47,451

The notes form part of these financial statements

CANARY LOCUMS LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 May 2025
and signed on behalf of the board by:

Name: Sara Faheem
Status: Director

The notes form part of these financial statements

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 56 32

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 158,748
Additions 911
Disposals (159,659)
At 30 June 2024 0
Depreciation
At 01 July 2023 8,293
Charge for year 17,220
On disposals (25,513)
At 30 June 2024 0
Net book value
At 30 June 2024 0
At 30 June 2023 150,455

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

Debtors: amounts due within one year 2024 2023 £ £ Trade debtors / trade receivables 34,590 127,097 Other debtors 260 423,885 Prepayments and accrued income 36,888 27,167 Total 71,738 578,149

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Creditors: amounts due within one year 2024 2023 £ £ Trade creditors / trade payables 12,635 11,802 Bank borrowings and overdrafts 31,031 107,073 Taxation and social security 110,277 40,712 Other creditors 42,402 75,904 Accrued liabilities and deferred income - 24,046 Total 196,345 259,537

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

Creditors: amounts due after one year 2024 2023 £ £ Bank borrowings and overdrafts 94,583 144,360 Other creditors - 282,073 Total 94,583 426,433

CANARY LOCUMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Changes in presentation and prior period adjustments

In accordance with FRS 102 Section 10 Accounting Policies, Estimates and Errors, a prior year adjustment has been made to reflect the full removal of the corporation tax charge recognised in the previous financial year. This adjustment arises from the carryback of current year trading losses, which were utilised against taxable profits of the prior year. As a result, the corporation tax liability previously recognised at £29,835 has been eliminated. The adjustment has been applied retrospectively. Comparative figures for the prior year have been restated. The financial impact is as follows: Corporation tax liability of £29,835 has been removed Retained earnings as at 01 Jul 2023 have increased by £29,835, reflecting the reversal of the prior year tax expense This adjustment ensures that the financial statements give a true and fair view in accordance with FRS 102 and appropriately reflect the company’s tax position.