REGISTERED NUMBER: 07746693 (England and Wales)

CANNON STREET CAPITAL LIMITED

Unaudited Financial Statements

for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

S Marks

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

07746693 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

5,972

5,226

Investments

5

1,000,001

1,000,001

1,005,973

1,005,227

Current assets

Debtors

6

685,177

1,112,027

Cash at bank

3,562

86,746

688,739

1,198,773

Creditors

Amounts falling due within one year

7

(2,764,845

)

(2,684,466

)

Net current liabilities

(2,076,106

)

(1,485,693

)

Total assets less current liabilities

(1,070,133

)

(480,466

)

Capital and reserves

Called up share capital

8

10,000

10,000

Retained earnings

9

(1,080,133

)

(490,466

)

Shareholders' funds

(1,070,133

)

(480,466

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

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 August 2026 and were signed by:

Simon Marks - Director

1.	Statutory information

Cannon Street Capital 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.

Going Concern

At the time of approval the director has confirmed the continued support of the company to meet it's financial commitments for a minimum of 12 months. This support will be provided personally or via a company under common control. For this reason the accounts have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Fixed asset investments are recognised at cost less impairment.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 August 2024

12,197

9,036

21,233

Additions

3,400

-

3,400

At 31 July 2025

15,597

9,036

24,633

Depreciation

At 1 August 2024

9,722

6,285

16,007

Charge for year

1,299

1,355

2,654

At 31 July 2025

11,021

7,640

18,661

Net book value

At 31 July 2025

4,576

1,396

5,972

At 31 July 2024

2,475

2,751

5,226

5.	Fixed asset investments

Other

investments

£

Cost

At 1 August 2024

and 31 July 2025

1,000,001

Net book value

At 31 July 2025

1,000,001

At 31 July 2024

1,000,001

Financial assets for which fair value cannot be measured reliably

The company holds a 50% interest in the following companies incorporated incorporated in the British Virgin Islands.

Eagle Crest (Consett) Ltd

Eagle Crest (Wolverhampton) Ltd

Eagle Crest (Folkestone) Ltd

Eagle Crest (Maidstone) Ltd

Eagle Crest (Derby) Ltd

Eagle Crest (Worcester) Ltd

Eagle Crest (Sunderland) Ltd

Eagle Crest (Portsmouth) Ltd

There is currently no reliable measure for determining the fair value of this investment, therefore it is included at cost on the balance sheet.

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

21,864

143,479

Amounts owed by group undertakings

10,414

7,626

Other debtors

652,899

960,922

685,177

1,112,027

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

330,042

237,487

Taxation and social security

58,462

159,704

Other creditors

2,376,341

2,287,275

2,764,845

2,684,466

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,000

Ordinary

£1

10,000

10,000

9.

Reserves

Retained

earnings

£

At 1 August 2024

(490,466

)

Deficit for the year

(589,667

)

At 31 July 2025

(1,080,133

)

10.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

S Marks

Balance outstanding at start of year

575,122

212,672

Amounts advanced

399,207

584,222

Amounts repaid

(63,504

)

(9,100

)

Amounts written off

(575,122

)

(212,672

)

Amounts waived

-

-

Balance outstanding at end of year

335,703

575,122

Interest of £19,743 (2024: £12,360) was charged. The overdrawn loan balance has since been writen off.

11.	Related party disclosures

At the year end the company owed £1,207,874 (2024: £1,207,894) to Eagle Crest Business Holdings Ltd, a company owned and controlled by the director, S Marks. This amount is included in other creditors.