REGISTERED NUMBER: 01992057 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Cannon-Clarke Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Clarke

REGISTERED OFFICE:

21 Brassmill Enterprise Centre

Bath

Avon

BA1 3JN

REGISTERED NUMBER:

01992057 (England and Wales)

FIXED ASSETS

Tangible assets

4

39,786

52,192

Investments

5

5,000

5,000

44,786

57,192

CURRENT ASSETS

Stocks

18,451

26,293

Debtors

6

306,104

281,267

Cash at bank and in hand

390,669

308,522

715,224

616,082

CREDITORS

Amounts falling due within one year

7

310,774

270,999

NET CURRENT ASSETS

404,450

345,083

TOTAL ASSETS LESS CURRENT LIABILITIES

449,236

402,275

CREDITORS

Amounts falling due after more than one year

8

39,530

98,445

NET ASSETS

409,706

303,830

CAPITAL AND RESERVES

Called up share capital

9

9,100

9,100

Retained earnings

400,606

294,730

SHAREHOLDERS' FUNDS

409,706

303,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

D Clarke - Director

1.	STATUTORY INFORMATION

Cannon-Clarke Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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.

Plant and Machinery - 25% on reducing balance

Fixtures and Fittings - 25% on reducing balance

Motor Vehicles - 25% on reducing balance

Computer Equipment - 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

32,006

5,405

53,893

36,394

127,698

Additions

-

-

-

1,100

1,100

At 30 April 2025

32,006

5,405

53,893

37,494

128,798

DEPRECIATION

At 1 May 2024

31,684

3,963

8,982

30,877

75,506

Charge for year

80

360

11,228

1,838

13,506

At 30 April 2025

31,764

4,323

20,210

32,715

89,012

NET BOOK VALUE

At 30 April 2025

242

1,082

33,683

4,779

39,786

At 30 April 2024

322

1,442

44,911

5,517

52,192

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 May 2024

and 30 April 2025

5,000

NET BOOK VALUE

At 30 April 2025

5,000

At 30 April 2024

5,000

As at the balance sheet date, the asset has been valued at its historical cost. The investment represents community shares in Bath City Football Club.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

278,812

261,611

Other debtors

27,292

19,656

306,104

281,267

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

67,445

82,324

Trade creditors

106,896

122,264

Tax

65,917

29,445

Social security and other taxes

23,166

16,012

VAT

46,904

20,240

Other creditors

1

302

Directors' current accounts

445

412

310,774

270,999

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank & Other loans - 1-2 years

7,811

58,914

Bank & Other loans - 2-5 years

31,719

39,531

39,530

98,445

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

9,100

Ordinary

1

9,100

9,100

10.	TRANSACTIONS WITH DIRECTORS

Included in creditors is £445 (2024: £413) owed to D Clarke, a director of the company. This balance is unsecured and no interest is being charged on the outstanding amount.