Cannoncourt Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Chartered Accountants' Report to the Board of Directors on the Unaudited Financial Statements of CANNONCOURT LIMITED

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CANNONCOURT LIMITED for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have

given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CANNONCOURT LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CANNONCOURT LIMITED and state those matters that we have agreed to state to the Board of Directors of CANNONCOURT LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CANNONCOURT LIMITED and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CANNONCOURT LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CANNONCOURT LIMITED. You consider that CANNONCOURT LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CANNONCOURT LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

07/05/2026

Forty-two Consulting Ltd

Regus House - Atterbury Lakes

Fairbourne Drive - Atterbury

Milton Keynes

Buckinghamshire

MK10 9RG

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Cannoncourt Limited

Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: 02675785

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		1,151,047
Investments	5		-		496,940

			-		1,647,987
CURRENT ASSETS
Debtors	6	3,848		21,439
Cash at bank and in hand		2,029,261		365,141

		2,033,109		386,580
Creditors: Amounts Falling Due Within One Year	7	(31,435 )		(84,822 )

NET CURRENT ASSETS (LIABILITIES)			2,001,674		301,758

TOTAL ASSETS LESS CURRENT LIABILITIES			2,001,674		1,949,745

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1 )		(3 )

NET ASSETS			2,001,673		1,949,742

CAPITAL AND RESERVES
Called up share capital	8		5,000		5,000
Profit and Loss Account			1,996,673		1,944,742

SHAREHOLDERS' FUNDS			2,001,673		1,949,742

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Cannoncourt Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Martin Breathwick

Director

07/05/2026

The notes on pages 4 to 6 form part of these financial statements.

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Cannoncourt Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Cannoncourt Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02675785 . The registered office is C/O Forty-Two Consulting Ltd Regus House, Atterbury Lakes, Fairbourne Drive, Atterbury, Milton Keynes, Buckinghamshire, MK10 9RG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Cannoncourt Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Investment Properties	Computer Equipment	Total
	£	£	£
Cost
As at 31 December 2024	1,150,000	2,794	1,152,794
Disposals	(1,150,000 )	(1,047 )	(1,151,047 )

As at 31 December 2025	-	1,747	1,747

Depreciation
As at 31 December 2024	-	1,747	1,747

As at 31 December 2025	-	1,747	1,747

Net Book Value
As at 31 December 2025	-	-	-

As at 31 December 2024	1,150,000	1,047	1,151,047

5. Investments

	Listed
	£
Cost or Valuation
As at 31 December 2024	496,940
Additions	31,950
Disposals	(528,890 )

As at 31 December 2025	-

Provision
As at 31 December 2024	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	-

As at 31 December 2024	496,940

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	3,848	21,439

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	14,475	46,228
Taxation and social security	16,960	38,594

	31,435	84,822

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Cannoncourt Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	5,000	5,000

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