REGISTERED NUMBER: 11802240 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

CANBEC LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr J G Bowley

Mrs C Bowley

Registered office:

62 Brentwood Place

Brentwood

Essex

CM15 9DW

Registered number:

11802240 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

1,028

1,191

Investment property

5

483,213

483,213

484,241

484,404

Current assets

Debtors

6

1,195

1,332

Cash at bank

13,933

52,969

15,128

54,301

Creditors

Amounts falling due within one year

7

456,357

496,355

Net current liabilities

(441,229

)

(442,054

)

Total assets less current liabilities

43,012

42,350

Provisions for liabilities

8

5,096

5,096

Net assets

37,916

37,254

Capital and reserves

Called up share capital

9

4

4

Non-distributable reserve

10

36,240

36,240

Retained earnings

1,672

1,010

Shareholders' funds

37,916

37,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2026 and were signed on its behalf by:

Mr J G Bowley - Director

1.	Statutory information

Canbec Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).

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

The company recognises revenue on a straight line basis over the term of the rental agreement.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 March 2025

-

2,694

2,694

Additions

180

-

180

At 28 February 2026

180

2,694

2,874

Depreciation

At 1 March 2025

-

1,503

1,503

Charge for year

45

298

343

At 28 February 2026

45

1,801

1,846

Net book value

At 28 February 2026

135

893

1,028

At 28 February 2025

-

1,191

1,191

5.	Investment property

Total

£

Fair value

At 1 March 2025

and 28 February 2026

483,213

Net book value

At 28 February 2026

483,213

At 28 February 2025

483,213

6.

Debtors: amounts falling due within one year

2026

2025

£

£

Other debtors

1,195

1,332

7.

Creditors: amounts falling due within one year

2026

2025

£

£

Taxation and social security

426

1,925

Other creditors

455,931

494,430

456,357

496,355

8.	Provisions for liabilities

2026

2025

£

£

Deferred tax

5,096

5,096

Deferred tax

£

Balance at 1 March 2025

5,096

Balance at 28 February 2026

5,096

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

1

2

2

2

Ordinary A

1

2

2

4

4

10.

Reserves

Non-distributable

reserve

£

At 1 March 2025

and 28 February 2026

36,240