REGISTERED NUMBER: 01554945 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

CANYNGE SECURITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Thomas

A Whicheloe

H D Whicheloe

T J Whicheloe

SECRETARY:

J Thomas

REGISTERED OFFICE:

58 Royal York Crescent

Clifton

Bristol

BS8 4JP

REGISTERED NUMBER:

01554945 (England and Wales)

ACCOUNTANTS:

Gravita

2nd Floor, South

One Castle Park

Tower Hill

Bristol

BS2 0JA

FIXED ASSETS

Tangible assets

4

1,476

1,207

Investments

5

1,857,268

1,593,312

1,858,744

1,594,519

CURRENT ASSETS

Debtors

6

609,273

1,142,494

Cash at bank

1,962,818

1,635,324

2,572,091

2,777,818

CREDITORS

Amounts falling due within one year

7

(1,157,802

)

(1,162,585

)

NET CURRENT ASSETS

1,414,289

1,615,233

TOTAL ASSETS LESS CURRENT LIABILITIES

3,273,033

3,209,752

PROVISIONS FOR LIABILITIES

(186,076

)

(122,520

)

NET ASSETS

3,086,957

3,087,232

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

557,122

366,655

Retained earnings

2,529,735

2,720,477

SHAREHOLDERS' FUNDS

3,086,957

3,087,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

A Whicheloe - Director

1.	COMPANY INFORMATION

Canynge Securities Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The principal activity of the company in the year under review was that of property management and development.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the directors have concluded that they can continue 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 and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

Tangible fixed assets

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

Office and computer equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on cost

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments

The company values its investments at fair value at the end of the accounting period, with an associated deferred tax provision. Changes in market value are recognised through the profit and loss account. Profits and losses on disposal of investments are also recognised in the profit and loss account.

An adjustment for the net overall movement in market value and deferred tax is made between the profit and loss account and fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

and

Fixtures

computer

and

equipment

fittings

Totals

£

£

£

COST

At 1 October 2024

13,713

10,169

23,882

Additions

574

-

574

At 30 September 2025

14,287

10,169

24,456

DEPRECIATION

At 1 October 2024

12,551

10,124

22,675

Charge for year

260

45

305

At 30 September 2025

12,811

10,169

22,980

NET BOOK VALUE

At 30 September 2025

1,476

-

1,476

At 30 September 2024

1,162

45

1,207

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 October 2024

1,593,312

Additions

200,000

Disposals

(223,841

)

Revaluations

287,797

At 30 September 2025

1,857,268

NET BOOK VALUE

At 30 September 2025

1,857,268

At 30 September 2024

1,593,312

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

599,042

1,136,144

Tax

-

3,281

VAT

6,623

189

Prepayments and accrued income

3,608

2,880

609,273

1,142,494

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

822

144

Tax

8,870

14,800

Social security and other taxes

748

566

Other creditors

1,143,113

1,143,613

Directors' current accounts

1,049

412

Accruals and deferred income

3,200

3,050

1,157,802

1,162,585

8.	RELATED PARTY DISCLOSURES

The directors A Whicheloe and J Thomas are also directors of Canynge Estates Limited. At the year end the company owed Canynge Estates Limited £1,143,113 (2024: £1,143,613). This loan was interest free and had no set date of repayment.

The directors A Whicheloe and J Thomas are also directors of Canynge Properties Limited. At the year end Canynge Properties Limited owed the company £599,042 (2024: £598,652). This loan was interest free and had no set date of repayment.

The director A Whicheloe is also a director of Canynge Bicknell (Investments) Limited. At the year end Canynge Bicknell (Investments) Limited owed the company £nil (2024: £100,000). Interest of £nil (2024: £3,497) was charged on this loan.

The director A Whicheloe is also a director of Canynge Bicknell (Lenfestey) Limited. At the year end Canynge Bicknell (Lenfestey) Limited owed the company £nil (2024: £500,000). Interest of £7,541 (2024: £30,021) was charged on this loan.

At the year end M Fitzgerald who is a director of Canynge Bicknell (Lenfestey) Limited owed the company £nil (2024: £30,000). This loan was interest free.