Company registration number: 08871288
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
Canect European Technologies Ltd
Pages for filing with the Registrar
Company registration number: 08871288
Canect European Technologies Ltd
Balance sheet
as at 31 January 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 302,227 314,470
302,227 314,470
Current assets
Debtors 386,927 433,020
Cash at bank and in hand 2,651,737 2,089,665
3,038,664 2,522,685
Creditors: amounts falling due within one year
(584,243) (538,367)
Net current assets 2,454,421 1,984,318
Total assets less current liabilities 2,756,648 2,298,788
Creditors: Amounts falling due after more than one year
- (246,722)
NET ASSETS 2,756,648 2,052,066
Capital and reserves
Called up share capital 104 104
Profit and loss account 2,756,544 2,051,962
TOTAL EQUITY 2,756,648 2,052,066
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08871288
Canect European Technologies Ltd
Balance sheet - continued
as at 31 January 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 29 October 2026 and signed on its behalf by:
Mr D Sargent, Director Mr D Sargent, Director
29 October 2026 29 October 2026
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Canect European Technologies Ltd
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
Canect European Technologies Ltd is a private company registered in England and Wales. Its registered number is 08871288. The company is limited by shares. Its registered office is Unit 1 Leach Way, Blidworth, Mansfield, England, NG21 0RU.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures and fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance
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Canect European Technologies Ltd
Notes to the financial statements - continued
for the year ended 31 January 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
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 balance sheet date.
3 Average number of employees
During the year the average number of employees was 13 (2025 - 14).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 February 2025 191,556 391,113 582,669
Additions - 19,110 19,110
At 31 January 2026 191,556 410,223 601,779
Depreciation
At 1 February 2025 14,735 253,464 268,199
Charge for year - 31,353 31,353
At 31 January 2026 14,735 284,817 299,552
Net book value
At 31 January 2026 176,821 125,406 302,227
At 31 January 2025 176,821 137,649 314,470
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