REGISTERED NUMBER: 10751115 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st May 2025

for

Casann Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S V Evans

Mr G T Evans

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

10751115 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

51,944

105,798

Investment property

5

367,133

307,034

419,077

412,832

CURRENT ASSETS

Debtors

6

104,572

37,000

Cash at bank and in hand

744

3,921

105,316

40,921

CREDITORS

Amounts falling due within one year

7

123,636

73,563

NET CURRENT LIABILITIES

(18,320

)

(32,642

)

TOTAL ASSETS LESS CURRENT LIABILITIES

400,757

380,190

PROVISIONS FOR LIABILITIES

-

18,848

NET ASSETS

400,757

361,342

CAPITAL AND RESERVES

Called up share capital

8

600

600

Fair value reserve

9

25,762

-

Retained earnings

9

374,395

360,742

SHAREHOLDERS' FUNDS

400,757

361,342

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 17th December 2025 and were signed on its behalf by:

Mr G T Evans - Director

1.	STATUTORY INFORMATION

Casann 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 as modified by the revaluation of certain assets.

Turnover

Turnover 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

-

Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Improvements to property

Improvements to property are capitalised and not depreciated as they are considered to have an indefinite useful life and/or the residual value is expected to be equal to or exceed the carrying amount.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1st June 2024

92,012

20,888

112,900

Disposals

(46,989

)

-

(46,989

)

At 31st May 2025

45,023

20,888

65,911

DEPRECIATION

At 1st June 2024

-

7,102

7,102

Charge for year

-

6,865

6,865

At 31st May 2025

-

13,967

13,967

NET BOOK VALUE

At 31st May 2025

45,023

6,921

51,944

At 31st May 2024

92,012

13,786

105,798

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st June 2024

307,034

Additions

146,786

Disposals

(112,449

)

Revaluations

25,762

At 31st May 2025

367,133

NET BOOK VALUE

At 31st May 2025

367,133

At 31st May 2024

307,034

Fair value at 31st May 2025 is represented by:

£

Valuation in 2025

25,762

Cost

341,371

367,133

If investment property had not been revalued it would have been included at the following historical cost:

31.5.25

31.5.24

£

£

Cost

341,371

307,034

Investment property was valued on an open market basis on 31st May 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed by group undertakings

104,572

37,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed to group undertakings

48,874

25,274

Tax

626

-

Directors' current accounts

72,149

46,400

Accrued expenses

1,987

1,889

123,636

73,563

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

200

Ordinary

£1

600

600

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st June 2024

360,742

-

360,742

Profit for the year

40,415

40,415

Dividends

(1,000

)

(1,000

)

Assets revalued in period

(25,762

)

25,762

-

At 31st May 2025

374,395

25,762

400,157