Corner House Canterbury Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10926813

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		55,332		59,285

			55,332		59,285
CURRENT ASSETS
Stocks	5	11,562		8,373
Debtors		77,566		34,310
Cash at bank and in hand		199,460		249,030

		288,588		291,713
Creditors: Amounts Falling Due Within One Year	6	(120,176 )		(139,979 )

NET CURRENT ASSETS (LIABILITIES)			168,412		151,734

TOTAL ASSETS LESS CURRENT LIABILITIES			223,744		211,019

Creditors: Amounts Falling Due After More Than One Year	7		(22,871 )		(28,581 )

NET ASSETS			200,873		182,438

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			200,773		182,338

SHAREHOLDERS' FUNDS			200,873		182,438

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Corner House Canterbury Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Matthew Sworder

Director

30th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Corner House Canterbury Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10926813 . The registered office is 1 Dover Street, Canterbury, Kent, CT1 3HD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivables, including discounts and rebates. Revenue is shown excluding value added taxes.

Revenue is recognised only when the following criteria is met:

The amount of revenue can be measured reliably (such as a deposit redemption from the joint venture Company)
It is probable that the Company will receive the consideration due from under the contract
The stage of the completion of the contract at the end of the reporting period can be measured reliably and matched to its associated costs. (in circumstances where the consideration is towards a prepayment)

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line, actual days
Fixtures & Fittings	16% straight line, actual days
Computer Equipment	39% straight line, actual days

Assets considered to lose their value fully in the first year are fully depreciated at acquisition.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value with the cost being measured against the estimated purchase price by the company.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 30 (2024: 28)

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Corner House Canterbury Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	102,564	48,644	4,500	155,708
Additions	16,660	-	2,323	18,983

As at 31 March 2025	119,224	48,644	6,823	174,691

Depreciation
As at 1 April 2024	80,737	14,005	1,681	96,423
Provided during the period	10,774	10,326	1,836	22,936

As at 31 March 2025	91,511	24,331	3,517	119,359

Net Book Value
As at 31 March 2025	27,713	24,313	3,306	55,332

As at 1 April 2024	21,827	34,639	2,819	59,285

5. Stocks

	2025	2024
	£	£
Stock - unprepared goods	11,562	8,373

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	40,646	33,830
Bank loans and overdrafts	6,279	6,124
Corporation tax	25,154	37,249
Other taxes and social security	8,488	10,468
VAT	33,685	39,627
Other creditors	4,388	6,677
Accruals and deferred income	1,536	4,093
Directors' loan accounts	-	1,911

	120,176	139,979

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	22,871	28,581

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	-		1,718

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Corner House Canterbury Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.000 each	100	100

9. Pension Commitments

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of 2025 - £NIL (2024 - £1,892) were due to the fund. They are included in Other Creditors.

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Matthew Sworder	-	24,010	1,141	-	22,869
Mr David Sworder	-	30,000	486	-	29,514

During the year ended 31 March 2025, the Company entered into transactions with its directors by way of directors’ loan accounts. These balances are unsecured, repayable on demand, and interest is charged at a rate of 2.25% per annum on overdrawn amounts. These loans have been repaid at the time of balance sheet preparation. Interest charged during the year amounted to £nil (2024 – £nil).

11. Related Party Transactions

The Company paid rent of £75,000 (2024 – £75,000) to directors in respect of the Company’s premises. The directors consider this to be at market rate. No amounts were outstanding at the balance sheet date.

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