REGISTERED NUMBER: 08303847 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Cantell & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D B Cantell

Mrs A. V. Cantell

REGISTERED OFFICE:

9 Worple Way

Richmond

TW10 6DG

REGISTERED NUMBER:

08303847 (England and Wales)

ACCOUNTANTS:

Ashwells Associates Limited

Chartered Certified Accountants

54a Church Road

Ashford

Middlesex

TW15 2TS

FIXED ASSETS

Tangible assets

4

15,665

22,765

CURRENT ASSETS

Debtors

5

203,216

180,539

Cash at bank and in hand

574,885

343,824

778,101

524,363

CREDITORS

Amounts falling due within one year

6

397,054

234,531

NET CURRENT ASSETS

381,047

289,832

TOTAL ASSETS LESS CURRENT LIABILITIES

396,712

312,597

CREDITORS

Amounts falling due after more than one year

7

(44,761

)

(70,182

)

PROVISIONS FOR LIABILITIES

9

(3,114

)

(4,799

)

NET ASSETS

348,837

237,616

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

348,737

237,516

348,837

237,616

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 23 December 2025 and were signed on its behalf by:

D B Cantell - Director

Mrs A. V. Cantell - Director

1.	STATUTORY INFORMATION

Cantell & Co 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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 6 (2024 - 7 ) .

4.	TANGIBLE ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

9,738

26,281

4,300

4,861

45,180

Additions

-

323

-

-

323

At 31 March 2025

9,738

26,604

4,300

4,861

45,503

DEPRECIATION

At 1 April 2024

9,287

7,790

2,410

2,928

22,415

Charge for year

149

6,164

472

638

7,423

At 31 March 2025

9,436

13,954

2,882

3,566

29,838

NET BOOK VALUE

At 31 March 2025

302

12,650

1,418

1,295

15,665

At 31 March 2024

451

18,491

1,890

1,933

22,765

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

10,697

5,448

Amounts owed by group undertakings

155,091

155,091

Other debtors

37,428

20,000

203,216

180,539

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts (see note 8)

25,421

23,568

Trade creditors

-

239

Taxation and social security

108,691

(8,067

)

Other creditors

262,942

218,791

397,054

234,531

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans (see note 8)

44,761

70,182

8.

LOANS

An analysis of the maturity of loans is given below:

31/3/25

31/3/24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

141

Bank loans

25,421

23,427

25,421

23,568

Amounts falling due between two and five years:

Bank loans - 2-5 years

44,761

70,182

9.	PROVISIONS FOR LIABILITIES

31/3/25

31/3/24

£

£

Deferred Tax

3,114

4,799

Deferred

tax

£

Balance at 1 April 2024

4,799

Provided during year

(1,685

)

Balance at 31 March 2025

3,114

10.	RELATED PARTY DISCLOSURES

Included within the 'Debtors' is an amount of £155,091 (2023 - £155,091) owed from a group company, Cantell Partnership Ltd.