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REGISTERED NUMBER: 10760238 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Can Cole Limited

Can Cole Limited (Registered number: 10760238)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 3


Can Cole Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: S D MacKenzie
Ms F T MacKenzie
C A MacKenzie





REGISTERED OFFICE: The Northdown
Cranbrook Road
Goudhurst
Cranbrook
Kent
TN17 1DP





REGISTERED NUMBER: 10760238 (England and Wales)





ACCOUNTANTS: K.J. Van-Doren
The Northdown
Cranbrook Road
Goudhurst
Cranbrook
Kent
TN17 1DP

Can Cole Limited (Registered number: 10760238)

Abridged Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 793,279 793,279

CURRENT ASSETS
Cash at bank 1,968 2,535

CREDITORS
Amounts falling due within one year 13,576 14,421
NET CURRENT LIABILITIES (11,608 ) (11,886 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

781,671

781,393

CAPITAL AND RESERVES
Called up share capital 5 6 6
Retained earnings 781,665 781,387
SHAREHOLDERS' FUNDS 781,671 781,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





Ms F T MacKenzie - Director


Can Cole Limited (Registered number: 10760238)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Can Cole Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents receivable.

Investment property
Investment property is initially recognised at cost and subsequently carried at fair value. Any changes in fair values are recognised in the Fair Value Reserve.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 793,279
NET BOOK VALUE
At 31 May 2024 793,279
At 31 May 2023 793,279

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
6 Ordinary £1 6 6

Can Cole Limited (Registered number: 10760238)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of this company is deemed to be S D MacKenzie, C A MacKenzie and F T MacKenzie by virtue of their shareholdings in the company.