The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

Canning House Limited is a private company limited by shares incorporated in England and Wales. The registered office is 50 Broadway, London, SW1H 0BL.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Under current circumstances of depressed corporate activity, the company is reliant on support from its parent organisation – The Hispanic and Luso Brazilian Council – to meet its financial obligations as they fall due. Although this is the truethird year that such support has been required, the directors are satisfied that further financial support will be made available to the company for a period of at least one year from the date of approval of these financial statements and therefore the financial statements have been prepared on a going concern basis.

Turnover represents amounts receivable for services, net of VAT. The total turnover of the company for the year has been derived from its principal activities. Annual membership subscriptions are recognised in equal monthly instalments over the period of membership. Donations and sponsorships are recognised when the company has entitlement to these funds. Event fees and room hire are recorded when the services are provided.

Current tax and deferred tax are not recognised as the Company has a policy of eliminating taxable profits by making Gift Aid distributions to The Hispanic and Luso Brazilian Council.

The company does not have any employees that are directly employed by the company. All employees are provided by The Hispanic and Luso Brazilian Council. As such, the company is only responsible for the costs recharged, which are allocated to the profit and loss account as they fall due.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was 0 (2024 - 0).

The Company did not employ any staff directly. Staff were employed by The Hispanic and Luso Brazilian Council, the parent company, and their costs were recharged to the company based on time spent.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its loss for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Whenever appropriate, the entire net profit of the company is donated annually by deed to The Hispanic and Luso Brazilian Council (Charity Number 314210, Company Registration 00383775), the parent company, under gift aid. This year, this amounted to £Nil (2023 - £Nil), inclusive of the tax credit. Under the letter of support dated 26 October 2020, The Hispanic and Luso Brazilian Council stands behind its subsidiary to cover its financial obligations as well as its allocated staff costs.

The parent company of Canning House Limited is The Hispanic and Luso Brazilian Council and its registered office is 50 Broadway, London, SW1H 0BL