REGISTERED NUMBER: 08793732 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CANONS PARK ESTATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E Solomon

Mr A H M Bennett

REGISTERED OFFICE:

Suite A

6 Honduras Street

London

EC1Y 0TH

REGISTERED NUMBER:

08793732 (England and Wales)

ACCOUNTANTS:

mgr SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

780

1,066

Investments

5

4

4

784

1,070

CURRENT ASSETS

Debtors

6

38,124

7,380

Cash at bank

127,311

138,845

165,435

146,225

CREDITORS

Amounts falling due within one year

7

(46,862

)

(35,060

)

NET CURRENT ASSETS

118,573

111,165

TOTAL ASSETS LESS CURRENT LIABILITIES

119,357

112,235

RESERVES

Designated restricted fund

(Security)

8

9,610

8,007

Restricted fund

(Pillar reconstruction)

8

16,482

20,772

Restricted fund (Benches)

8

-

8

Income and expenditure account

8

93,265

83,448

MEMBERS' FUNDS

119,357

112,235

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 Income and Expenditure Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2026 and were signed on its behalf by:

Mr E Solomon - Director

1.	STATUTORY INFORMATION

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

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 historical cost convention.

Turnover

Turnover represents subscriptions related to the period of the accounts, donations received, filming and sponsorship income invoiced during the year.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Taxation

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from net surplus as

reported in the income and expenditure account because it excludes items of income or expense that are covered by the company's Mutual Trading Status as approved by HMRC as well as those taxable or deductible in other years and it further excludes 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 reporting end date.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and

subsequently measured at cost less any accumulated impairment losses. The investments are assessed

for impairment at each reporting date and any impairment losses or reversals of impairment losses are

recognised immediately in surplus or deficit.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

3,596

DEPRECIATION

At 1 January 2025

2,530

Charge for year

286

At 31 December 2025

2,816

NET BOOK VALUE

At 31 December 2025

780

At 31 December 2024

1,066

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 January 2025

and 31 December 2025

4

NET BOOK VALUE

At 31 December 2025

4

At 31 December 2024

4

Investment is held in Surplus Lands (Canons) Limited. The shareholding of the issued share capital of the company is held by Canons Park Estate Limited. The shares in Surplus Lands (Canons) Limited are shown at a fair value of £4 (2024: £4). The company would be wound-up once the legal agreements are assigned over to Canons Park Estate Limited. The annual return fee and director's public liability is paid by Canons Park Estate Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

38,124

7,380

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

8,632

6,834

Taxation and social security

357

1,805

Other creditors

37,873

26,421

46,862

35,060

8.

RESERVES

Income

Designated

Restricted

and

restricted

fund

Restricted

expenditure

fund

(Pillar

fund

account

(Security)

reconstruction)

(Benches)

Totals

£

£

£

£

£

At 1 January 2025

83,448

8,007

20,772

8

112,235

Surplus for the year

6,973

-

-

-

6,973

on retained earnings

2,844

1,603

(4,290

)

(8

)

149

At 31 December 2025

93,265

9,610

16,482

-

119,357

9.	CAPITAL COMMITMENTS

Plans were drawn up, planning permission obtained and a specialist "Heritage building" firm, recommended and approved by Harrow Council's Heritage Officer was commissioned to begin reconstruction of the Pillar.

A deposit of £30,221 was required in order for the work to commence. However, the building firm subsequently increased the projected cost by 122%. CPEL have offered to recompense the firm for any work they have carried out and is seeking to recover the balance of the monies held by the builder and considers the firm to be in breach of contract. An alternative building firm has now been hired to undertake the work.

10.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

The company maintains public liability insurance which includes cover for property damage. The maximum liability is limited to an amount provided in each of the respective policies under excess claim clauses.

The case against the company reported in the 2024 accounts has now been satisfactorily and fully settled.

11.	MEMBERS' LIABILITY

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.