| E.D. Cannon Holdings Limited |
| Registered number: |
01061782 |
| Balance Sheet |
| as at 30 September 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
23,445 |
|
|
23,445 |
| Investments |
4 |
|
|
99 |
|
|
99 |
|
|
|
|
23,544 |
|
|
23,544 |
|
| Current assets |
| Debtors |
5 |
|
36,513 |
|
|
36,513 |
|
| Creditors: amounts falling due within one year |
6 |
|
(104,477) |
|
|
(104,477) |
|
| Net current liabilities |
|
|
|
(67,964) |
|
|
(67,964) |
|
| Net liabilities |
|
|
|
(44,420) |
|
|
(44,420) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
170 |
|
|
170 |
| Profit and loss account |
|
|
|
(44,590) |
|
|
(44,590) |
|
| Shareholders' funds |
|
|
|
(44,420) |
|
|
(44,420) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| N. D. Cannon |
| Director |
| Approved by the board on 20 March 2025 |
|
| E.D. Cannon Holdings Limited |
| Notes to the Accounts |
| for the year ended 30 September 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities, other than loans from the directors, are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 October 2023 |
85,665 |
|
46,711 |
|
132,376 |
|
At 30 September 2024 |
85,665 |
|
46,711 |
|
132,376 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2023 |
62,220 |
|
46,711 |
|
108,931 |
|
At 30 September 2024 |
62,220 |
|
46,711 |
|
108,931 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2024 |
23,445 |
|
- |
|
23,445 |
|
At 30 September 2023 |
23,445 |
|
- |
|
23,445 |
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 October 2023 |
99 |
|
|
At 30 September 2024 |
99 |
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
36,513 |
|
36,513 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other creditors |
104,477 |
|
104,477 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
Directors' loan accounts (creditors) and intercompany balances are interest free and repayable on demand. |
|
|
| 8 |
Going concern |
|
|
The company has received and continues to receive the support of the directors and shareholders and consequently the accounts have been prepared on a going concern basis. |
|
|
| 9 |
Other information |
|
|
E.D. Cannon Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Whitegate |
|
Hatfield Heath |