REGISTERED NUMBER: 05894712 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Cannon Mechanical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Cannon

Mrs L J Cannon

J M Cannon

Mrs L Cannon

REGISTERED OFFICE:

1 Golden Court

Richmond

Surrey

TW9 1EU

REGISTERED NUMBER:

05894712 (England and Wales)

ACCOUNTANTS:

The Hughes Consultancy

1 Golden Court

Richmond

Surrey

TW9 1EU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

73,467

66,125

73,467

66,125

CURRENT ASSETS

Debtors

6

962,759

519,424

Cash at bank

135,226

151,121

1,097,985

670,545

CREDITORS

Amounts falling due within one year

7

539,673

290,135

NET CURRENT ASSETS

558,312

380,410

TOTAL ASSETS LESS CURRENT LIABILITIES

631,779

446,535

CREDITORS

Amounts falling due after more than one year

8

11,667

22,194

NET ASSETS

620,112

424,341

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

620,012

424,241

SHAREHOLDERS' FUNDS

620,112

424,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by:

P A Cannon - Director

1.	STATUTORY INFORMATION

Cannon Mechanical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

328,041

AMORTISATION

At 1 April 2024

and 31 March 2025

328,041

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

48,246

4,695

30,994

10,065

94,000

Additions

-

10,000

-

5,749

15,749

At 31 March 2025

48,246

14,695

30,994

15,814

109,749

DEPRECIATION

At 1 April 2024

-

4,596

15,738

7,541

27,875

Charge for year

-

2,525

3,814

2,068

8,407

At 31 March 2025

-

7,121

19,552

9,609

36,282

NET BOOK VALUE

At 31 March 2025

48,246

7,574

11,442

6,205

73,467

At 31 March 2024

48,246

99

15,256

2,524

66,125

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

336,012

237,063

VAT

70,360

11,325

Accrued income

545,409

261,816

Prepayments

10,978

9,220

962,759

519,424

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

298,179

198,232

Tax

183,697

92,320

Social security and other taxes

2,325

(528

)

Capital on Tap

55,259

-

Directors' current accounts

213

111

539,673

290,135

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bounce Back Loan

11,667

22,194

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

424,241

Profit for the year

547,771

Dividends

(352,000

)

At 31 March 2025

620,012