Canicula Management Limited 30/11/2022 iXBRL

Canicula Management Limited 30/11/2022 iXBRL

CANICULA MANAGEMENT LTD - Company Information

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0 30/11/2022 2022-11-30 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2021-12-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13732028 2021-12-01 2022-11-30 13732028 2022-11-30 13732028 bus:Director1 2021-12-01 2022-11-30 13732028 core:ShareCapital 2021-12-01 2022-11-30 13732028 core:RetainedEarningsAccumulatedLosses 2021-12-01 2022-11-30 13732028 core:WithinOneYear 2022-11-30 13732028 core:ShareCapital 2022-11-30 13732028 core:RetainedEarningsAccumulatedLosses 2022-11-30 13732028 bus:SmallEntities 2021-12-01 2022-11-30 13732028 bus:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 13732028 bus:FullAccounts 2021-12-01 2022-11-30 13732028 bus:SmallCompaniesRegimeForAccounts 2021-12-01 2022-11-30 13732028 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 13732028 core:AllAssociates 2021-12-01 2022-11-30
Company registration number: 13732028
Canicula Management Limited
Unaudited filleted financial statements
30 November 2022
Canicula Management Limited
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Canicula Management Limited
Statement of financial position
30 November 2022
2022
Note £ £
Current assets
Cash at bank and in hand 38,288
_______
38,288
Creditors: amounts falling due
within one year 5 ( 37,389)
_______
Net current assets 899
_______
Total assets less current liabilities 899
_______
Net assets 899
_______
Capital and reserves
Called up share capital 1
Profit and loss account 898
_______
Shareholders funds 899
_______
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 September 2023 , and are signed on behalf of the board by:
Mr Peter Cleasby
Director
Company registration number: 13732028
Canicula Management Limited
Statement of changes in equity
Year ended 30 November 2022
Called up share capital Profit and loss account Total
£ £ £
At 1 December 2021 - - -
Profit for the year 5,898 5,898
_______ _______ _______
Total comprehensive income for the year - 5,898 5,898
Issue of shares 1 1
Dividends paid and payable ( 5,000) ( 5,000)
_______ _______ _______
Total investments by and distributions to owners 1 ( 5,000) ( 4,999)
_______ _______ _______
At 30 November 2022 1 898 899
_______ _______ _______
Canicula Management Limited
Notes to the financial statements
Year ended 30 November 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Deansfield House, 98 Lancaster Road, Newcastle under Lyme, Staffordshire, ST5 1DS.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 0.
5. Creditors: amounts falling due within one year
2022
£
Corporation tax 1,384
Social security and other taxes 18,267
Director loan account 3,918
Accruals and deferred income 13,820
_______
37,389
_______
6. Related party transactions
Mr Peter Cleasby is a related party by virtue of his directorship of and shareholding in the company.During the year, Mr Peter Cleasby introduced funds in the sum of £9,885 and withdrew funds in the sum of £5,967. At the year end, the balance owed to Mr Peter Cleasby by the company was £3,918.