Canalside Properties Napton Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03979699

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		628		-
Investment Properties	5		330,434		2,500,000

			331,062		2,500,000
CURRENT ASSETS
Debtors	6	1,057,352		35,142
Cash at bank and in hand		615,496		481

		1,672,848		35,623
Creditors: Amounts Falling Due Within One Year	7	(753,064 )		(267,562 )

NET CURRENT ASSETS (LIABILITIES)			919,784		(231,939 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,250,846		2,268,061

Creditors: Amounts Falling Due After More Than One Year	8		-		(401,690 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(994,945 )

NET ASSETS			1,250,846		871,426

CAPITAL AND RESERVES
Called up share capital	9		4		2
Revaluation reserve			-		1,234,836
Profit and Loss Account			1,250,842		(363,412 )

SHAREHOLDERS' FUNDS			1,250,846		871,426

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Canalside Properties Napton Limited

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 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 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 C A Jordan

Director

18/09/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Canalside Properties Napton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03979699 . The registered office is Unit 5 Marlborough Road, Wrexham Industrial Estate, Wrexham, LL13 9RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and 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. 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. 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:

Plant & Machinery

straight line over 4 years

2.5. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Canalside Properties Napton Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 May 2025	-
Additions	754

As at 30 April 2026	754

Depreciation
As at 1 May 2025	-
Provided during the period	126

As at 30 April 2026	126

Net Book Value
As at 30 April 2026	628

As at 1 May 2025	-

5. Investment Property

	2026
	£
Fair Value
As at 1 May 2025	2,500,000
Additions	330,434
Disposals	(2,500,000 )

As at 30 April 2026	330,434

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	330,434	270,219

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Canalside Properties Napton Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	4,000	8,000
Other debtors	1,053,352	27,142

	1,057,352	35,142

Included in other debtors is a balance of £143,905 (2025: £NIL) owed by a company under common control.

Included within other debtors is a balance of £222,986 (2025: £NIL) due from a shareholder.

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	-	8,084
Other loans	-	53,300
Amounts owed to participating interests	49,765	-
Other creditors	200,000	200,000
Taxation and social security	503,299	6,178

	753,064	267,562

Included in other loans is a balance of £49,765 (2025: £53,300) owed to a company under common control.

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	401,690

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	4	2

The prior year accounts showed share capital of £2 total, which does not agree to the confirmation statements filed with Companies House. An amendment has been made to this year's accounts to rectify this issue.

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2026
	£	£	£	£	£
Mr Carl Jordan	27,142	478,156	27,142	-	478,156

The above loan is unsecured and repayable on demand. On balances over £10,000 owed by the director, interest has been charged in line with HMRC beneficial loan arrangement rates.

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Canalside Properties Napton Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

11. Related Party Transactions

As at the year end, a balance of £49,765 (2025: £53,300) was due to Xact Skips Ltd (company number 10680673), a company under common control. The loan is interest-free, repayable on demand and included within creditors falling due within one year.

A balance of £143,905 (2025: NIL) was due from Jordan Contracts (Midlands) Ltd (company number 07379941), a company under common control. The balance is interest-free, repayable on demand and included within other debtors within debtors falling due within one year.

A balance of £222,986 (2025: £NIL) was due from Nicola Jordan, a shareholder holding 50% of the company's issued share capital. The loan is unsecured, repayable on demand, and included within other debtors within debtors falling due within one year. Interest is charged on amounts exceeding £10,000 at a rate equivalent to the HMRC official rate of interest.

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