CANARY CORPORATION LTD

CANARY CORPORATION LTD

CANARY CORPORATION LTD - Company Information

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Company Registration No. 12350025 (England and Wales)
CANARY CORPORATION LTD Unaudited accounts for the year ended 31 December 2023
CANARY CORPORATION LTD Unaudited accounts Contents
Page
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CANARY CORPORATION LTD Company Information for the year ended 31 December 2023
Director
Richard Graham GOULDSBOROUGH
Company Number
12350025 (England and Wales)
Registered Office
THE UNION BUILDING 51-59 ROSE LANE NORWICH NR1 1BY ENGLAND
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CANARY CORPORATION LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
144,601 
118,494 
Current assets
Debtors
5
108,437 
36,346 
Cash at bank and in hand
33,008 
18,446 
141,445 
54,792 
Creditors: amounts falling due within one year
6
(48,272)
(123,902)
Net current assets/(liabilities)
93,173 
(69,110)
Total assets less current liabilities
237,774 
49,384 
Creditors: amounts falling due after more than one year
7
(21,611)
(40,000)
Net assets
216,163 
9,384 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
216,162 
9,383 
Shareholders' funds
216,163 
9,384 
For the year ending 31 December 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 24 June 2024 and were signed on its behalf by
Richard Graham GOULDSBOROUGH Director Company Registration No. 12350025
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CANARY CORPORATION LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
CANARY CORPORATION LTD is a private company, limited by shares, registered in England and Wales, registration number 12350025. The registered office is THE UNION BUILDING, 51-59 ROSE LANE, NORWICH, NR1 1BY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Straight line-10%
Fixtures & fittings
Straight line-10%
Computer equipment
Straight line-15%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
118,492 
16,254 
6,853 
141,599 
Additions
40,000 
- 
5,422 
45,422 
At 31 December 2023
158,492 
16,254 
12,275 
187,021 
Depreciation
At 1 January 2023
20,452 
1,625 
1,028 
23,105 
Charge for the year
15,849 
1,625 
1,841 
19,315 
At 31 December 2023
36,301 
3,250 
2,869 
42,420 
Net book value
At 31 December 2023
122,191 
13,004 
9,406 
144,601 
At 31 December 2022
98,040 
14,629 
5,825 
118,494 
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CANARY CORPORATION LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
30,692 
36,346 
Accrued income and prepayments
18,658 
- 
Other debtors
59,087 
- 
108,437 
36,346 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
5,892 
16,474 
Taxes and social security
42,380 
- 
Other creditors
- 
43,908 
Loans from directors
- 
45,050 
Accruals
- 
18,470 
48,272 
123,902 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
21,611 
40,000 
8
Average number of employees
During the year the average number of employees was 9 (2022: 9).
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