| REGISTERED NUMBER: |
| CANAVAN CONSTRUCTION LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2026 |
| REGISTERED NUMBER: |
| CANAVAN CONSTRUCTION LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2026 |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Contents of the Financial Statements |
| for the year ended 31 March 2026 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| CANAVAN CONSTRUCTION LIMITED |
| Company Information |
| for the year ended 31 March 2026 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Unit 7, Dyehouse |
| Linen Green |
| Dungannon |
| BT71 7HB |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Statement of Financial Position |
| 31 March 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 5 |
| Property, plant and equipment | 6 |
| Current assets |
| Inventories |
| Receivables | 7 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 8 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| The directors acknowledge their 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. |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Statement of Financial Position - continued |
| 31 March 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Notes to the Financial Statements |
| for the year ended 31 March 2026 |
| 1. | Statutory information |
| Canavan Construction Limited is a |
| 2. | Statement of compliance |
| 3. | Accounting policies |
| Basis of preparing the financial statements |
| The financial statements are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets. |
| The accounting policies detailed below have been applied consistently throughout the year. |
| Revenue |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Property, plant and equipment |
| Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. |
| The charge to depreciation is calculated to write off the original cost or valuation of property, plant |
| and equipment, less their estimated residual value, over their expected useful lives as follows: |
| Plant and machinery | 25% Reducing Balance |
| Fixtures and fittings | 25% Reducing Balance |
| Motor Vehicles | 25% Reducing Balance |
| The carrying values of property, plant and equipment are reviewed annually for impairment in |
| periods if events or changes in circumstances indicate the carrying value may not be recoverable. |
| Inventories |
| Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling. |
| 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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2026 |
| 3. | Accounting policies - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
| 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. |
| Cash flow statement |
| The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company. |
| Cash and cash equivalents |
| Cash and cash equivalents include cash in hand and deposits held at call with banks and bank |
| overdrafts. Bank overdrafts are shown within current liabilities. |
| Share capital |
| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new |
| ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds. |
| 4. | Employees and directors |
| The average number of employees during the year was |
| 5. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 April 2025 |
| and 31 March 2026 |
| Amortisation |
| At 1 April 2025 |
| Amortisation for year |
| At 31 March 2026 |
| Net book value |
| At 31 March 2026 |
| At 31 March 2025 |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2026 |
| 6. | Property, plant and equipment |
| Fixtures |
| Plant and | and | Motor |
| machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 April 2025 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 March 2026 |
| Depreciation |
| At 1 April 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 March 2026 |
| Net book value |
| At 31 March 2026 |
| At 31 March 2025 |
| 7. | Receivables |
| 2026 | 2025 |
| £ | £ |
| Trade receivables |
| Other receivables |
| 8. | Creditors: amounts falling due within one year |
| 2026 | 2025 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts (see note 10) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | Creditors: amounts falling due after more than one year |
| 2026 | 2025 |
| £ | £ |
| Bank loans |
| Hire purchase contracts (see note 10) |
| 10. | Leasing agreements |
| Hire purchase liabilities are secured on the assets to which they relate. |
| CANAVAN CONSTRUCTION LIMITED (REGISTERED NUMBER: NI049862) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2026 |
| 11. | Directors' advances, credits and guarantees |
| At the year end a balance of £135,748. (2025: £72,740) was owed to the directors by the company. |