CANON EDUCATION CIC

Company limited by guarantee

Company Registration Number:
12245440 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 1 January 2025

End date: 31 December 2025

CANON EDUCATION CIC

Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CANON EDUCATION CIC

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Principal activities of the company

Principal Activities: Provision of STEM scholarships and educational support opportunities for talented young people from underserved and economically disadvantaged communities across Southern Nigeria, aimed at improving access to quality science, technology, engineering, and mathematics (STEM) education, developing future skills, and promoting greater social and economic inclusion.

Political and charitable donations

we received charitable donations from individuals who supported our scholarship programme



Directors

The director shown below has held office during the whole of the period from
1 January 2025 to 31 December 2025

Phyllis Temi Pratt


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 September 2026

And signed on behalf of the board by:
Name: Phyllis Temi Pratt
Status: Director

CANON EDUCATION CIC

Profit And Loss Account

for the Period Ended 31 December 2025

2025 2024


£

£
Turnover: 3,500 2,600
Cost of sales: 0 0
Gross profit(or loss): 3,500 2,600
Distribution costs: 0 0
Administrative expenses: ( 550 ) ( 150 )
Other operating income: 0 0
Operating profit(or loss): 2,950 2,450
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 2,950 2,450
Tax: 0 0
Profit(or loss) for the financial year: 2,950 2,450

CANON EDUCATION CIC

Balance sheet

As at 31 December 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 4,750 3,500
Investments:   0 0
Total current assets: 4,750 3,500
Prepayments and accrued income: 2,000 950
Creditors: amounts falling due within one year: 3 ( 500 ) ( 100 )
Net current assets (liabilities): 6,250 4,350
Total assets less current liabilities: 6,250 4,350
Creditors: amounts falling due after more than one year: 4 ( 1,000 ) ( 850 )
Provision for liabilities: ( 750 ) ( 150 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 4,500 3,350
Members' funds
Profit and loss account: 4,500 3,350
Total members' funds: 4,500 3,350

The notes form part of these financial statements

CANON EDUCATION CIC

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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.

This report was approved by the board of directors on 18 September 2026
and signed on behalf of the board by:

Name: Phyllis Temi Pratt
Status: Director

The notes form part of these financial statements

CANON EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CANON EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

CANON EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 100 25
Taxation and social security 0 0
Accruals and deferred income 100 50
Other creditors 300 25
Total 500 100

CANON EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 1,000 850
Total 1,000 850

CANON EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Financial Commitments

Finances are used to fund scholarships to students based in southern Nigeria.

COMMUNITY INTEREST ANNUAL REPORT

CANON EDUCATION CIC

Company Number: 12245440 (England and Wales)

Year Ending: 31 December 2025

Company activities and impact

This year, we continued to provide scholarships to young people who studied STEM University degrees at University in Nigeria.

Consultation with stakeholders

we continue to inform families of the students on our scholarship programme about the progress of their children. we also keep the secondary schools where we selected these students from about their progress and wellbeing.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 September 2026

And signed on behalf of the board by:
Name: Phyllis Temi Pratt
Status: Director