REGISTERED NUMBER: 01496680 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

The Canwell Estate Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B W Yeates

G L Shaw

J M Griffin

C H Meadows

P A Barnes

M J Smith

SECRETARY:

J Hayhurst

REGISTERED OFFICE:

69 Derby Road

Uttoxeter

Staffordshire

ST14 8EB

REGISTERED NUMBER:

01496680 (England and Wales)

SENIOR STATUTORY AUDITOR:

D Meadows BA FCA

AUDITORS:

Bourne & Co

Statutory Auditors

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

FIXED ASSETS

Tangible assets

4

14,011

15,284

CURRENT ASSETS

Debtors

5

8,230

3,649

Cash at bank

158,016

151,118

166,246

154,767

CREDITORS

Amounts falling due within one year

6

6,579

7,204

NET CURRENT ASSETS

159,667

147,563

TOTAL ASSETS LESS CURRENT LIABILITIES

173,678

162,847

RESERVES

Other reserves

7

173,678

162,847

173,678

162,847

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 Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2026 and were signed on its behalf by:

B W Yeates - Director

1.	STATUTORY INFORMATION

The Canwell Estate Company 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 is the consideration due from members and residents of The Canwell Estate in respect of quarterly service charges, sewerage charges and road charges.

Charges are calculated and raised to cover the expected annual costs of maintaining the Estate's road and sewerage infrastructure and to contribute to a gradual increase in the sinking fund.

The charges are recognised as turnover over the period in which those services are delivered.

Other contributions from members are recognised as other income within the Income Statement.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation is provided

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

Infrastructure - not provided

Plant and machinery - 20 years on a straight line basis

Fixtures and fittings - 15% on reducing balance

The infrastructure of the company is valued at cost. The infrastructure consists of the roads and sewerage systems owned by the company.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Debtors

Short term debtors are measured at transaction price less any impairment. Any losses arising from

impairment are recognised in profit or loss.

Creditors

Short term creditors are measured at transaction price.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Infrastructure

machinery

fittings

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

1

25,467

602

26,070

DEPRECIATION

At 1 January 2025

-

10,184

602

10,786

Charge for year

-

1,273

-

1,273

At 31 December 2025

-

11,457

602

12,059

NET BOOK VALUE

At 31 December 2025

1

14,010

-

14,011

At 31 December 2024

1

15,283

-

15,284

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

4,359

2,477

Social security and other taxes

2,952

326

Prepayments

919

846

8,230

3,649

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

2,729

-

Income received in advance

370

-

Accrued expenses

3,480

7,204

6,579

7,204

7.

RESERVES

Income

and

expenditure

Other

account

reserves

Totals

£

£

£

At 1 January 2025

-

162,847

162,847

Surplus for the year

10,831

10,831

Transfer to/from sinking fund

(10,831

)

10,831

-

At 31 December 2025

-

173,678

173,678

Other reserves is a reserve comprising all monies received by the company since incorporation from its members in respect of agreed contributions including payments they are required to make if they want to be released from restrictive covenants that are in place.

The reserve was established as a 'sinking fund' for capital replacement and significant repairs.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

D Meadows BA FCA (Senior Statutory Auditor)

for and on behalf of Bourne & Co

9.	LIABILITY OF MEMBERS

The liability of each member under their guarantee does not exceed £1. The guarantee remains in force for one year after cessation of their membership of the company. The number of members at 31 December 2025 is 31 (2024: 35).