Company registration number: 00715748
Unaudited financial statements
for the year ended 31 August 2025
for
Charles Cantrill Limited
Pages for filing with the Registrar
Company registration number: 00715748
Charles Cantrill Limited
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Goodwill 4 1 1
Tangible assets 5 4,346 4,541
Investments 6 1 1
4,348 4,543
Current assets
Stocks 171,423 170,116
Debtors 146,077 120,772
Cash at bank and in hand 111,034 96,616
428,534 387,504
Creditors: amounts falling due within one
year 		(174,826) (168,176)
Net current assets 253,708 219,328
Total assets less current liabilities 258,056 223,871
Provisions for liabilities (1,135) (1,544)
NET ASSETS 256,921 222,327
Capital and reserves
Called up share capital 356 356
Other reserves 6,754 6,754
Profit and loss account 249,811 215,217
TOTAL EQUITY 256,921 222,327
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 00715748
Charles Cantrill Limited
Balance sheet - continued
as at 31 August 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 16 November 2025 and signed on its behalf by:
Mr I Bidmead, Director Mr J Billington, Director
16 November 2025 16 November 2025
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Charles Cantrill Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Charles Cantrill Limited is a private company registered in England and Wales. Its registered number is 00715748. The company is limited by shares. Its registered office is Unit F3 Lockside, Anchor Brook Industrial Park, Walsall, West Midlands, WS9 8BZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Goodwill
Goodwill is being amortised on the following basis: Goodwill has been fully written down to its nominal value of £1..
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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Charles Cantrill Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Short leasehold property - Over the term of the original lease
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 20% reducing balance
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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Charles Cantrill Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Critical accounting judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4 Average number of employees
During the year the average number of employees was 6 (2024 - 6).
5 Goodwill
£
Cost
At 1 September 2024 13,250
At 31 August 2025 13,250
Amortisation
At 1 September 2024 13,249
At 31 August 2025 13,249
Net book value
At 31 August 2025 1
At 31 August 2024 1
6 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 September 2024 1,075 137,704 138,779
Additions - 1,341 1,341
At 31 August 2025 1,075 139,045 140,120
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Charles Cantrill Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
6 Tangible fixed assets - continued
Depreciation
At 1 September 2024 1,074 133,164 134,238
Charge for year - 1,536 1,536
At 31 August 2025 1,074 134,700 135,774
Net book value
At 31 August 2025 1 4,345 4,346
At 31 August 2024 1 4,540 4,541
7 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 September 2024 1
At 31 August 2025 1
Net book value
At 31 August 2025 1
At 31 August 2024 1
8 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024.
2025 2024
£ £
Balance outstanding at start of year (18,129) (30,000)
Amounts advanced 5,000 11,872
Balance outstanding at end of year (13,129) (18,129)
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Charles Cantrill Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
8 Advances, credit and guarantees granted to directors - continued
2025 2024
£ £
Balance outstanding at start of year 13,083 -
Amounts advanced - 13,083
Amounts repaid (5,664) -
Balance outstanding at end of year 7,419 13,083
The loan was repaid in full in September 2025. The loan was interest free and repayable on demand.
9 Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit and loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
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