| Registered Number:13415313 |
For the year ended 30 May 2025
England and Wales
Unaudited Financial Statements
For the year ended 30 May 2025
The Billy Can Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
The Billy Can Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
7,869
8,415
2
7,869
8,415
3,500
4,257
3
| Trade and other receivables |
861
1,413
4
28,259
| Cash and cash equivalents |
18,443
24,113
32,620
| Trade and other payables: amounts falling due within one |
| year |
(41,701)
(43,931)
5
(9,081)
(19,818)
Net current liabilities
| Total assets less current liabilities |
(11,949)
(666)
(307)
(307)
| Provisions for liabilities |
(12,256)
Net liabilities
(973)
2
2
(12,258)
(975)
(12,256)
(973)
Shareholders' funds
| For the year ended 30 May 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 of its financial statements for the year ended 30 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 27 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 May 2025
The Billy Can Limited
Notes to the Financial Statements
Statutory Information
| The Billy Can Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 13415313. |
Gull Cottage
Torcross
Kingsbridge
TQ7 2TQ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
Property, plant and equipment
| Property, plant and equipment are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
| 2. Property, plant and equipment |
11,156
8,600
2,556
213
-
213
2,769
8,600
11,369
| Provision for depreciation and impairment |
2,741
1,290
1,451
Charge for year
759
430
329
3,500
1,720
1,780
989
6,880
7,869
1,105
7,310
8,415
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For the year ended 30 May 2025
The Billy Can Limited
Notes to the Financial Statements Continued
2024
2025
4,257
3,500
| 4. Trade and other receivables |
2024
2025
1,413
861
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
1,196
-
42,735
41,701
43,931
41,701
Included within taxation and social security is corporation tax of Nil (2024: Nil).
| 6. Related party transactions |
The company is under the effective control of its directors.
| 7. Directors advances and guarantees |
Repaid
C J A Willcock
Loan to the company
15,994
16,386
392
15,994
16,386
392
A L Willcock
Loan to the company
15,994
16,386
392
15,994
16,386
392
| 8. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 4)
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