Cannock Residential Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of Cannock Residential Limited for the year ended 31 December 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Cannock Residential Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Cannock Residential Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Cannock Residential Limited and state those matters that we have agreed to state to the director of Cannock Residential Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cannock Residential Limited and its director as a body for our work or for this report.

It is your duty to ensure that Cannock Residential Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Cannock Residential Limited . You consider that Cannock Residential Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cannock Residential Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

18 September 2026

Krowe Accountants

Grafton House

Bulls Head Yard

Alcester

Warwickshire

B49 5BX

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Cannock Residential Limited

Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: 05194560

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		234,914		234,914
Investments	5		372,000		372,000

			606,914		606,914
CURRENT ASSETS
Debtors	6	111,085		111,007
Cash at bank and in hand		206		2,676

		111,291		113,683
Creditors: Amounts Falling Due Within One Year	7	(1,244,956 )		(1,244,441 )

NET CURRENT ASSETS (LIABILITIES)			(1,133,665 )		(1,130,758 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(526,751 )		(523,844 )

NET LIABILITIES			(526,751 )		(523,844 )

CAPITAL AND RESERVES
Called up share capital	8		20		20
Profit and Loss Account			(526,771 )		(523,864 )

SHAREHOLDERS' FUNDS			(526,751)		(523,844)

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Cannock Residential Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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 his 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.

On behalf of the board

Mr Michael Tracey

Director

18 September 2026

The notes on pages 4 to 6 form part of these financial statements.

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Cannock Residential Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Cannock Residential Limited is a private company limited by shares & incorporated in England and Wales (registered number 05194560). Its registered office is located at Chantry House, High Street, Coleshill, Birmingham, B46 3BP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2. Going Concern Disclosure

The company was in a net liability position at the current and prior financial year end. The directors consider that the company has sufficient resources to continue operating as a going concern for a period of at least twelve months from the date of the financial statements. The directors are confident that the amounts due to related parties included within creditors will not be considered repayable unless the company is in a position to satisfy these debts whilst remaining financially solvent, as these related parties are under common control. The company owns an investment in a hotel asset which, when realised, is expected to return the company to a net asset position. The financial statements have therefore been prepared on a going concern basis.

2.3. 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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Investment Properties

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

2.5. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

...CONTINUED

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Cannock Residential Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Financial Instruments - continued

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an 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.

2.6. Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial instituitions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8. Interest income

Interest income is recognised in the profit or loss using the effective interest method.

3. Average Number of Employees

The average monthly number of employees, including directors, during the year was: 1 (2024: 1)

4. Investment Property

	2025
	£
Fair Value
As at 1 January 2025 and 31 December 2025	234,914

The 2025 valuations were made by the directors, on an open market value for existing use basis.

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	372,000

As at 31 December 2025	372,000

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	372,000

As at 1 January 2025	372,000

The company holds an 80% interest in Cannock Coventry Hotel No.1 LLP.

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Cannock Residential Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	93,113	93,035
Corporation tax recoverable assets	13,334	13,334
Amounts owed by related parties	4,638	4,638

	111,085	111,007

Amounts owed by related parties are unsecured, interest free and repayable on demand.

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	515	-
Accruals and deferred income	1,540	1,540
Amounts owed to related parties	1,242,901	1,242,901

	1,244,956	1,244,441

Amounts owed to related parties are unsecured, interest free and repayable on demand.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	20	20

9. Related Party Transactions

Cannock Renewables Limited

Amounts owed to related parties 2025 £1,242,901 (2024 £1,112,901)

Cannock Coventry Hotel No 1 LLP

Amounts owed by related parties 2025 £4,638 (2024 £4,638)

Cannock Renewables Limited is a subsidiary of Cannock Topco Limited, the parent company of Cannock Residential Limited.

Cannock Coventry Hotel No 1 LLP is under the common control of the directors of the Company.

10. Controlling Party

The company's immediate parent undertaking is Cannock Topco Limited, a company incorporated and registered in England and Wales (registered number 11453685). Its registered office is Chantry House, High Street, Coleshill, Birmingham, England, B46 3BР.

The ultimate controlling party is M J Tracey, by virtue of his 60% shareholding in the company.

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