Canvas Enterprises Limited - Filleted accounts

Registered number

04759199

Canvas Enterprises Limited

Filleted Accounts

31 March 2026

Canvas Enterprises Limited
Registered number:		04759199
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Investments	3		650,000			650,000

Current assets
Debtors	4	20,677			3,188
Cash at bank and in hand		278,567			311,088
		299,244			314,276

Creditors: amounts falling due within one year	5	(3,352)			(4,807)

Net current assets			295,892			309,469

Total assets less current liabilities			945,892			959,469


Provisions for liabilities			(9,858)			(9,858)


Net assets			936,034			949,611

Capital and reserves
Called up share capital			100			100
Profit and loss account			935,934			949,511

Shareholders' funds			936,034			949,611

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors' report and profit and loss account has not been delivered to the Registrar of Companies.




J Hannah
Director
Approved by the board on 3 July 2026

Canvas Enterprises Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover consists of revenue earned from the provision of acting services and is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance

	Investments
	Unlisted investments are measured at fair value. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Investments

Other
investments
£
	Cost
	At 1 April 2025				650,000

	At 31 March 2026				650,000


4	Debtors		2026		2025
£				£

	Directors loan account		14,103		-
	Other debtors		6,574		3,188
			20,677		3,188


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Directors loan account		4,061		8,333
	Taxation and social security costs		(709)		(3,526)
			3,352		4,807


6	Other information

	Canvas Enterprises Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Central House
	124 High Street
	Hampton Hill
	Middlesex
	TW12 1NS