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Registered number: 08840286
Cannock Renewables Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Cannock Renewables 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 Renewables 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 Renewables 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 Renewables Limited and state those matters that we have agreed to state to the director of Cannock Renewables 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 Renewables Limited and its director as a body for our work or for this report.
It is your duty to ensure that Cannock Renewables 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 Renewables Limited . You consider that Cannock Renewables 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 Renewables 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
Page 1
Page 2
Balance Sheet
Registered number: 08840286
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,919,191 5,408,959
Cash at bank and in hand 158,225 2,018,321
3,077,416 7,427,280
Creditors: Amounts Falling Due Within One Year 5 (1,455,971 ) (1,592,862 )
NET CURRENT ASSETS (LIABILITIES) 1,621,445 5,834,418
TOTAL ASSETS LESS CURRENT LIABILITIES 1,621,445 5,834,418
NET ASSETS 1,621,445 5,834,418
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 1,621,345 5,834,318
SHAREHOLDERS' FUNDS 1,621,445 5,834,418
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 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cannock Renewables Limited is a private company limited by shares and incorporated in England and Wales. The registered office is Chantry House, High Street, Coleshill, Birmingham B46 3ВР.
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. Turnover
Turnover comprises the revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised as the service is delivered.
2.3. 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.
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.
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2.4. Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. 
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. 
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: 
  • The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
  • Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. 
2.5. Interest income
Interest income is recognised in  profit or loss using the effective interest method.
2.6. 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.
3. Average Number of Employees
The average monthly number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,542 732,279
Prepayments and accrued income - 2,028,393
Other debtors 186 163
Corporation tax recoverable assets 215,528 108,763
Amounts owed by group and related undertakings 2,699,935 2,539,361
2,919,191 5,408,959
Amounts owed by group and related undertakings are unsecured and repayable on demand.
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5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 516 377
Other creditors 1,285,377 42,476
Accruals and deferred income 34,455 125,872
Amounts owed to group and related undertakings 135,623 1,424,137
1,455,971 1,592,862
Amounts owed to group and related undertakings are unsecured, interest free and repayable on demand.
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
At 31 December 2025  the company was owed £150,000 (2024: £150,000) by Cannock Developments Limited. Cannock Developments Limited is wholly owned by Cannock Investments Limited which is wholly owned by Cannock Topco Limited. Cannock Topco Limited also owns Cannock Renewables Limited.
At 31 December 2025 the company was owed £1,1242,901 (2024: £1,112,901) by Cannock Residential Limited, which is ultimately owned by M J Tracey. 
At 31 December 2025 the company was owed £1,307,033 (2024: £1,276,460) by Cannock Coventry Hotel No.1 LLP, which is controlled by Cannock Residential Limited. M J Tracey is the ultimate controlling party of Cannock Residential Limited.
At 31 December 2025 the company owed £135,623 (2024: £135,623) to Cannock Investments Limited, which is controlled by Cannock Topco Limited. M J Tracey and S Glennon jointly control Cannock Topco Limited.
8. Controlling Party
The company is jointly controlled M J Tracey and S Glennon by virtue of their respective 50% holdings in Cannock Topco Limited, the company's ultimate parent undertaking.
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