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Company Registration No. 10183087 (England and Wales)
Cannon Property Group Limited Unaudited accounts for the year ended 31 May 2024
Cannon Property Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Cannon Property Group Limited Company Information for the year ended 31 May 2024
Director
Alexander Zykov
Company Number
10183087 (England and Wales)
Registered Office
Forest House Business Centre 8 Gainsborough Road Bushwood London E11 1HT United Kingdom
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Cannon Property Group Limited Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
5,038,139 
Current assets
Debtors
5
2,078,196 
Cash at bank and in hand
(301,948)
1,776,248 
Creditors: amounts falling due within one year
6
(1,616)
Net current assets
1,774,632 
Total assets less current liabilities
6,812,771 
Creditors: amounts falling due after more than one year
7
(7,386,230)
Provisions for liabilities
Other provisions
(8,856)
Net liabilities
(582,315)
Capital and reserves
Called up share capital
1 
Profit and loss account
(582,316)
Shareholders' funds
(582,315)
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 7 November 2025 and were signed on its behalf by
Alexander Zykov Director Company Registration No. 10183087
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Cannon Property Group Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Cannon Property Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10183087. The registered office is Forest House Business Centre, 8 Gainsborough Road, Bushwood, London, E11 1HT, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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: Fittings fixtures and equipment - 20% straight line Computer equipment - 20% straight line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
5,099,509 
27,070 
1,189 
5,127,768 
Revaluations
(71,714)
- 
- 
(71,714)
At 31 May 2024
5,027,795 
27,070 
1,189 
5,056,054 
Depreciation
At 1 June 2023
- 
17,419 
496 
17,915 
At 31 May 2024
- 
17,419 
496 
17,915 
Net book value
At 31 May 2024
5,027,795 
9,651 
693 
5,038,139 
2024 
£ 
Carrying amount of land and buildings on cost basis
5,171,223 
Carrying amount of fixtures & fittings on cost basis
19,978 
Carrying amount of computer equipment on cost basis
1,189 
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Cannon Property Group Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,501 
Other debtors
(2,600)
(1,099)
Amounts falling due after more than one year
Amounts due from group undertakings etc.
2,079,295 
6
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
(9,784)
Accruals
11,400 
1,616 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Amounts owed to group undertakings and other participating interests
7,386,230 
8
Average number of employees
During the year the average number of employees was 0.
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