IRIS Accounts Production v26.1.10.60 03191984 director 1.4.25 31.3.26 31.3.26 false true false false true false Fair value model Ordinary A shares 900.00000 Ordinary B shares 50.00000 Ordinary C shares 50.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03191984 2025-03-31 03191984 2026-03-31 03191984 2025-04-01 2026-03-31 03191984 2024-03-31 03191984 2024-04-01 2025-03-31 03191984 2025-03-31 03191984 ns15:EnglandWales 2025-04-01 2026-03-31 03191984 ns14:PoundSterling 2025-04-01 2026-03-31 03191984 ns10:Director1 2025-04-01 2026-03-31 03191984 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03191984 ns10:SmallEntities 2025-04-01 2026-03-31 03191984 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 03191984 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 03191984 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03191984 ns10:FullAccounts 2025-04-01 2026-03-31 03191984 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 03191984 ns10:OrdinaryShareClass2 2025-04-01 2026-03-31 03191984 ns10:OrdinaryShareClass3 2025-04-01 2026-03-31 03191984 ns10:CompanySecretary1 2025-04-01 2026-03-31 03191984 ns10:RegisteredOffice 2025-04-01 2026-03-31 03191984 ns5:CurrentFinancialInstruments 2026-03-31 03191984 ns5:CurrentFinancialInstruments 2025-03-31 03191984 ns5:ShareCapital 2026-03-31 03191984 ns5:ShareCapital 2025-03-31 03191984 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 03191984 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03191984 ns5:PlantMachinery 2025-03-31 03191984 ns5:PlantMachinery 2025-04-01 2026-03-31 03191984 ns5:PlantMachinery 2026-03-31 03191984 ns5:PlantMachinery 2025-03-31 03191984 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 03191984 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03191984 ns10:OrdinaryShareClass1 2026-03-31 03191984 ns10:OrdinaryShareClass2 2026-03-31 03191984 ns10:OrdinaryShareClass3 2026-03-31

REGISTERED NUMBER: 03191984 (England and Wales)

CANNON INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

CANNON INVESTMENTS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTOR: | J Ramsay

| SECRETARY: | K Ramsay

| REGISTERED OFFICE: | 2 Lakeview Stables

| Lower St. Clere

| Kemsing

| Sevenoaks

| Kent

| TN15 6NL

| REGISTERED NUMBER: | 03191984 (England and Wales)

| ACCOUNTANTS: | Lakeview Southern Limited

| Chartered Accountants

| 2 Lakeview Stables

| Lower St. Clere

| Kemsing

| Sevenoaks

| Kent

| TN15 6NL

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

BALANCE SHEET

31 MARCH 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,524 |  | 1,349 |  |

Investment property | 5 | 830,000 |  | 830,000 |  |

831,524 |  | 831,349 |  |

CURRENT ASSETS

Debtors | 6 | 463 |  | 562 |  |

Cash at bank | 201,494 |  | 190,451 |  |

201,957 |  | 191,013 |  |

CREDITORS

Amounts falling due within one year | 7 | 483,185 |  | 467,744 |  |

NET CURRENT LIABILITIES | (281,228 | ) | (276,731 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 550,296 |  | 554,618 |  |

PROVISIONS FOR LIABILITIES | 50,478 |  | 50,478 |  |

NET ASSETS | 499,818 |  | 504,140 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 1,000 |  | 1,000 |  |

Retained earnings | 498,818 |  | 503,140 |  |

SHAREHOLDERS' FUNDS | 499,818 |  | 504,140 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

BALANCE SHEET - continued

31 MARCH 2026

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 director and authorised for issue on 28 July 2026 and were signed by:

J Ramsay - Director

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Cannon Investments 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.

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents rent and management fees received during the year.

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

| When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration and the nominal amount received is recognised as interest income.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation net of depreciation and any impairment losses.

| Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

| Fixtures and Fittings 25% on reducing balance

| The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is charged to the profit or loss,

| Investment property

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit and loss.

| Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues' of FRS 102 to all of its financial instruments.

| Financial Instruments are recognised in the company's balance sheet 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 debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors and bank loans that are classified as debt, 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 on interest. Financial liabilities classified as payable within one year are not mortised.

| Trade creditors are obligations to pay for goods and services that have been acquired in the normal course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are classified as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amotised cost using the effective interest method.

| 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.

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Impairment of fixed assets

| At each reporting period end date the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset the company estimates the recoverable amount of the cash generating unit to which the asset belongs.

| Recoverable amount s the higher of fair value less costs to sell and value in use. In assessing value in use the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

| If the recoverable amount of an asset (or cash-generating unit) is estimated to be lower than its carrying amount the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

| Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit and loss unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation increase.

| Cash at bank and in hand

| Cash at bank and in hand are basic financial assets and 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. Bank overdrafts are shown within borrowings in current liabilities.

3. | EMPLOYEES AND DIRECTORS

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

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2025 | 7,097 |  |

| Additions | 833 |  |

| At 31 March 2026 | 7,930 |  |

| DEPRECIATION

| At 1 April 2025 | 5,748 |  |

| Charge for year | 658 |  |

| At 31 March 2026 | 6,406 |  |

| NET BOOK VALUE

| At 31 March 2026 | 1,524 |  |

| At 31 March 2025 | 1,349 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2025

| and 31 March 2026 | 830,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | 830,000 |  |

| At 31 March 2025 | 830,000 |  |

| Fair value at 31 March 2026 is represented by:

£ |

| Valuation in 2015 | (63,040 | ) |

| Valuation in 2016 | 888,605 |  |

| Valuation in 2017 | 45,000 |  |

| Valuation in 2018 | 46,891 |  |

| Valuation in 2019 | (232,035 | ) |

| Valuation in 2023 | (484,857 | ) |

| Cost | 629,436 |  |

830,000 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Other debtors | 463 |  | 562 |  |

CANNON INVESTMENTS LIMITED (REGISTERED NUMBER: 03191984)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Taxation and social security | 6,297 |  | 8,022 |  |

| Other creditors | 476,888 |  | 459,722 |  |

483,185 |  | 467,744 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 31.3.25

| value: | £ | £ |

| 900 | Ordinary A shares | 900 | 900 |  | 900 |  |

| 50 | Ordinary B shares | 50 | 50 |  | 50 |  |

| 50 | Ordinary C shares | 50 | 50 |  | 50 |  |

1,000 |  | 1,000 |  |

9. | RELATED PARTY DISCLOSURES

| Included within creditors falling due within one year is the director's loan account of £466,657 (2025: £450,739).