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Registration number: 04302336

Channel Corporate Communications Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Channel Corporate Communications Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Channel Corporate Communications Limited

Company Information

Directors | G J Mountford R Mountford

Company secretary | Burton Sweet Company Secretarial Limited

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Channel Corporate Communications Limited

(Registration number: 04302336)
Balance Sheet
31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 480 | 639
Current assets |  |  |
Debtors | 5 | 6,381 | 382
Cash at bank and in hand |  | 5,591 | 1,938
|  | 11,972 | 2,320
Creditors: Amounts falling due within one year | 6 | (7,171) | (13,064)
Net current assets/(liabilities) |  | 4,801 | (10,744)
Net assets/(liabilities) |  | 5,281 | (10,105)
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 5,280 | (10,106)
Shareholders' funds/(deficit) |  | 5,281 | (10,105)

Channel Corporate Communications Limited

(Registration number: 04302336)
Balance Sheet
31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 February 2026 and signed on its behalf by:

......................................... G J Mountford Director | ......................................... R Mountford Director |

Channel Corporate Communications Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The principal place of business is:
Suite 3U
Elizabeth House
30-32 The Boulevard
Weston Super Mare
North Somerset
BS23 1NF

These financial statements were authorised for issue by the Board on 23 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going conern basis. The director provides ongoing support so that that the Company is able to pay its debts when they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities and is shown net of value added tax.

Channel Corporate Communications Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% per annum reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business and are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 1).

Channel Corporate Communications Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 June 2024 | 2,645 | 2,645
At 31 May 2025 | 2,645 | 2,645
Depreciation
At 1 June 2024 | 2,006 | 2,006
Charge for the year | 159 | 159
At 31 May 2025 | 2,165 | 2,165
Carrying amount
At 31 May 2025 | 480 | 480
At 31 May 2024 | 639 | 639

Channel Corporate Communications Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 561 | 382
Other debtors | 5,820 | -
| 6,381 | 382

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 1,383
Taxation and social security | 6,151 | 5,057
Accruals and deferred income | 1,020 | 1,088
Other creditors | - | 5,536
| 7,171 | 13,064