Company Registration No. 10149417 (England and Wales)
Cann Secure Limited
Unaudited accounts
for the year ended 30 April 2025
Cann Secure Limited
Unaudited accounts
Contents
Cann Secure Limited
Company Information
for the year ended 30 April 2025
Directors
James Cann
Jane Cann
Company Number
10149417 (England and Wales)
Registered Office
23a Mill Road
Blofield
Norwich
Norfolk
NR13 4QJ
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Cann Secure Limited
Statement of financial position
as at 30 April 2025
Tangible assets
129,864
125,874
Cash at bank and in hand
11,514
29,118
Creditors: amounts falling due within one year
(11,077)
(15,392)
Net current assets
469
14,346
Total assets less current liabilities
130,333
140,220
Provisions for liabilities
Deferred tax
(32,466)
(31,468)
Called up share capital
100
100
Profit and loss account
97,767
108,652
Shareholders' funds
97,867
108,752
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 January 2026 and were signed on its behalf by
James Cann
Director
Company Registration No. 10149417
Cann Secure Limited
Notes to the Accounts
for the year ended 30 April 2025
Cann Secure Limited is a private company, limited by shares, registered in England and Wales, registration number 10149417. The registered office is 23a Mill Road, Blofield, Norwich, Norfolk, NR13 4QJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Cann Secure Limited
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
217,108
16,995
6,899
241,002
Additions
17,476
-
-
17,476
At 30 April 2025
234,584
16,995
6,899
258,478
At 1 May 2024
94,579
14,705
5,844
115,128
Charge for the year
12,702
572
212
13,486
At 30 April 2025
107,281
15,277
6,056
128,614
At 30 April 2025
127,303
1,718
843
129,864
At 30 April 2024
122,529
2,290
1,055
125,874
Amounts falling due within one year
Accrued income and prepayments
-
628
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,999
9,001
Loans from directors
515
2,277
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).