Company Registration No. 03970225 (England and Wales)
Canton Construction Limited
Unaudited accounts
for the year ended 30 June 2023
Canton Construction Limited
Unaudited accounts
Contents
Canton Construction Limited
Company Information
for the year ended 30 June 2023
Company Number
03970225 (England and Wales)
Registered Office
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Canton Construction Limited
Statement of financial position
as at 30 June 2023
Tangible assets
402,978
402,468
Investments
124,993
124,993
Cash at bank and in hand
215,544
229,540
Creditors: amounts falling due within one year
(8,908)
(13,470)
Net current assets
227,890
222,331
Net assets
755,861
749,792
Called up share capital
600
600
Profit and loss account
755,261
749,192
Shareholders' funds
755,861
749,792
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 March 2024 and were signed on its behalf by
A M Threipland
Director
Company Registration No. 03970225
Canton Construction Limited
Notes to the Accounts
for the year ended 30 June 2023
Canton Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 03970225. The registered office is Radnor House , Greenwood Close, Cardiff Gate Business Park , Cardiff, CF23 8AA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2022
401,711
12,315
19,995
249
3,978
438,248
At 30 June 2023
401,711
12,315
19,995
1,233
3,978
439,232
At 1 July 2022
-
11,595
19,995
212
3,978
35,780
Charge for the year
-
240
-
234
-
474
At 30 June 2023
-
11,835
19,995
446
3,978
36,254
At 30 June 2023
401,711
480
-
787
-
402,978
At 30 June 2022
401,711
720
-
37
-
402,468
Canton Construction Limited
Notes to the Accounts
for the year ended 30 June 2023
5
Investments
Other investments
Valuation at 1 July 2022
124,993
Valuation at 30 June 2023
124,993
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(971)
(782)
Other creditors
5,330
4,566
Loans from directors
1,628
1,500
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).