Canine Superfoods Ltd

Contents

Statement of financial position	1
Notes to the Unaudited Financial Statements	2 to 5

Canine Superfoods Ltd

(Registration number: 16000482)
Statement of financial position as at 30 October 2025

	Note	2025 £
Fixed assets
Intangible assets	4	40,500
Tangible assets	5	45
		40,545
Current assets
Stocks	6	5,547
Debtors	7	13,397
Cash at bank and in hand		14,805
		33,749
Creditors: Amounts falling due within one year	8	(74,143)
Net current liabilities		(40,394)
Net assets		151
Capital and reserves
Called up share capital	9	100
Retained earnings		51
Shareholders' funds		151

For the financial year ending 30 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income statement.

Approved and authorised by the Board on 2 October 2026 and signed on its behalf by:
 

......................................... Mr J Rushton Director

Canine Superfoods Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Solo House
The Courtyard
London Road
Horsham
West Sussex
RH12 1AT

These financial statements were authorised for issue by the Board on 2 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Canine Superfoods Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and office equipment	25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4.

Canine Superfoods Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	45,000	45,000
At 30 October 2025	45,000	45,000
Amortisation
Amortisation charge	4,500	4,500
At 30 October 2025	4,500	4,500
Carrying amount
At 30 October 2025	40,500	40,500

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	60	60
At 30 October 2025	60	60
Depreciation
Charge for the year	15	15
At 30 October 2025	15	15
Carrying amount
At 30 October 2025	45	45

6

Stocks

	2025 £
Other inventories	5,547

7

Debtors

Canine Superfoods Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2025

Current	2025 £
Trade debtors	424
Prepayments	385
Other debtors	12,588
	13,397

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Trade creditors		9,609
Amounts owed to associated companies		49,977
Taxation and social security		1,057
Accruals and deferred income		13,500
		74,143

9	Share capital

Allotted, called up and fully paid shares

	2025
	No.	£
Ordinary of £1 each	100	100