FRS102 1A Filleted


Company registration number:						13971418
CANTO DESIGN LIMITED

Balance sheet
as at 31 March 2025

		2025		2024
	Note	£	£	£	£
Fixed assets
Intangible assets	4	6,536		7,035
Tangible assets	5	1,423		1,689
			7,959		8,724
Current assets
Stocks		15,459		23,080
Debtors		144		-
Cash at bank and in hand		6,162		6,621
			21,765		29,701
Creditors: amounts falling due within one year			(3,807)		(2,718)
Net current assets			17,958		26,983
Total assets less current liabilities			25,917		35,707
Creditors: Amounts falling due after more than one year			(102,725)		(88,970)
NET LIABILITIES			(76,808)		(53,263)

Capital and reserves
Called up share capital			100		100
Profit and loss account			(76,908)		(53,363)
TOTAL EQUITY			(76,808)		(53,263)


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

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	Company registration number:		13971418
	CANTO DESIGN LIMITED

	Balance sheet - continued
	as at 31 March 2025

	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 Profit and loss account has not been delivered to the Registrar.

	These financial statements were approved by the Board of directors and authorised for issue on 17 April 2026 and signed on its behalf by:

	J Mazzucchelli, Director
	17 April 2026

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CANTO DESIGN LIMITED

Notes to the financial statements
for the year ended 31 March 2025


1	Company information

	CANTO DESIGN LIMITED is a private company registered in England and Wales. Its registered number is 13971418. The company is limited by shares. Its registered office is 2 Leman Street, London, E1W 9US.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

	Patents and licences	-	Patents and licenses are being amortized evenly over their estimated useful life.

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Fixtures & Fittings	-	20% reducing balance

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CANTO DESIGN LIMITED

Notes to the financial statements - continued
for the year ended 31 March 2025

2	Accounting policies - continued

	Stocks
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3	Average number of employees

	During the year the average number of employees was Nil (2024 - Nil).

4	Intangible assets

		Other intangible assets
		£
	Cost
	At 1 April 2024	7,685
	At 31 March 2025	7,685

	Amortisation
	At 1 April 2024	650
	Charge for year	499
	At 31 March 2025	1,149

	Net book value
	At 31 March 2025	6,536

	At 31 March 2024	7,035

	Revalued assets

	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Patents and licenses are being amortized evenly over their estimated useful life .

5	Tangible fixed assets

		Plant and machinery etc.
		£
	Cost
	At 1 April 2024	2,111
	Additions	89
	At 31 March 2025	2,200


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	Company registration number:	13971418

	Annual report and unaudited financial statements
	for the year ended 31 March 2025
	for
	CANTO DESIGN LIMITED


	Pages for filing with the Registrar