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ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 |
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CANNON TRUST LIMITED |
REGISTERED NUMBER:
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ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 |
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FOR |
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CANNON TRUST LIMITED |
CANNON TRUST LIMITED (REGISTERED NUMBER: 00215861) |
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CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 March 2015 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 3 |
CANNON TRUST LIMITED |
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COMPANY INFORMATION |
for the Year Ended 31 March 2015 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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CANNON TRUST LIMITED (REGISTERED NUMBER: 00215861) |
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ABBREVIATED BALANCE SHEET |
31 March 2015 |
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2015 | 2014 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
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Investments |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
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NET LIABILITIES | ( |
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CAPITAL AND RESERVES |
Called up share capital | 2 |
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Profit and loss account | ( |
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SHAREHOLDERS' FUNDS | ( |
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The directors acknowledge their 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. |
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The financial statements were approved by the Board of Directors on
by: |
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CANNON TRUST LIMITED (REGISTERED NUMBER: 00215861) |
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NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 March 2015 |
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1. | ACCOUNTING POLICIES |
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Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
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Turnover |
Turnover represents the value of securities sold in the year. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Investments |
Current asset investments are included at average market value as determined by the directors at the balance |
sheet date. |
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Going concern |
At the balance sheet date, the company's liabilities exceeded its assets. The shareholders have undertaken that |
they will continue to give financial support to the company for at least twelve months from the date of signing |
these accounts. The Directors therefore consider it appropriate to prepare the accounts on a going concern basis. |
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2. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
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Ordinary shares | 0.10 |
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Deferred shares | 0.417 |
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5,698 | 5,698 |