Canton Optical Ltd

	Page
Company Information	1
Abridged Balance Sheet	2—3
Notes to the Abridged Financial Statements	4—5

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Canton Optical Ltd

Abridged Balance Sheet

As At 31 March 2026

Abridged Balance Sheet

Registered number: 07321103

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		17,905		25,570
Tangible Assets	5		8,185		9,514

			26,090		35,084
CURRENT ASSETS
Stocks		19,524		29,138
Debtors		19,038		16,451
Cash at bank and in hand		143		1,077

		38,705		46,666
Creditors: Amounts Falling Due Within One Year		(191,188 )		(217,891 )

NET CURRENT ASSETS (LIABILITIES)			(152,483 )		(171,225 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(126,393 )		(136,141 )

Creditors: Amounts Falling Due After More Than One Year			(27,977 )		(35,728 )

NET LIABILITIES			(154,370 )		(171,869 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(154,470 )		(171,969 )

SHAREHOLDERS' FUNDS			(154,370)		(171,869)

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Canton Optical Ltd

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors on 4 September 2026 and were signed on its behalf by:

Ms B Roderick

Director

The notes on pages 4 to 5 form part of these financial statements.

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Canton Optical Ltd

Notes to the Abridged Financial Statements

For The Year Ended 31 March 2026

Notes to the Abridged Financial Statements

1. General Information

Canton Optical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07321103 . The registered office is 232 Cowbridge Road East, Canton, Cardiff, CF5 1GY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period the revision and future periods where the revisions affects both current and future periods

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.5. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	No depreciation
Plant & Machinery	10% / 25% straight line
Fixtures & Fittings	10% straight line

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 7)

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Canton Optical Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Total
	£
Cost
As at 1 April 2025	94,831

As at 31 March 2026	94,831

Amortisation
As at 1 April 2025	69,261
Provided during the period	7,665

As at 31 March 2026	76,926

Net Book Value
As at 31 March 2026	17,905

As at 1 April 2025	25,570

5. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	38,962

As at 31 March 2026	38,962

Depreciation
As at 1 April 2025	29,448
Provided during the period	1,329

As at 31 March 2026	30,777

Net Book Value
As at 31 March 2026	8,185

As at 1 April 2025	9,514

6. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	38,303		46,377

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Director	Ms B Roderick

Company Number	07321103

Registered Office	232 Cowbridge Road East
	Canton
	Cardiff
	CF5 1GY

Accountants	HSJ Accountants Ltd
	Severn House
	Hazell Drive
	Newport
	NP10 8FY