Company Registration No. 03178895 (England and Wales)
Cann Research Limited
Unaudited accounts
for the year ended 30 April 2025
Cann Research Limited
Unaudited accounts
Contents
Cann Research Limited
Company Information
for the year ended 30 April 2025
Directors
Richard Skaife
Brenda Skaife
Company Number
03178895 (England and Wales)
Registered Office
Old Cann School
Butts Knapp
Shaftesbury
Dorset
SP7 8NW
England
Accountants
Prime Entry Ltd
The Office Rose Cottage
Cole Street Lane
Gillingham
Dorset
SP8 5JQ
Cann Research Limited
Statement of financial position
as at 30 April 2025
Tangible assets
16,128
16,565
Cash at bank and in hand
2,241
23,940
Creditors: amounts falling due within one year
(33,029)
(33,834)
Net current liabilities
(30,498)
(9,894)
Net (liabilities)/assets
(14,370)
6,671
Called up share capital
2
2
Profit and loss account
(14,372)
6,669
Shareholders' funds
(14,370)
6,671
For the year ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Richard Skaife
Director
Company Registration No. 03178895
Cann Research Limited
Notes to the Accounts
for the year ended 30 April 2025
Cann Research Limited is a private company, limited by shares, registered in England and Wales, registration number 03178895. The registered office is Old Cann School, Butts Knapp , Shaftesbury, Dorset, SP7 8NW, England.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2024
14,783
19,889
34,672
At 30 April 2025
14,783
19,889
34,672
At 1 May 2024
-
18,107
18,107
Charge for the year
-
437
437
At 30 April 2025
-
18,544
18,544
At 30 April 2025
14,783
1,345
16,128
At 30 April 2024
14,783
1,782
16,565
Amounts falling due within one year
Cann Research Limited
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
23
23
Loans from directors
33,006
33,006
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).