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REGISTERED NUMBER: 09782838 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

COLKIN HOUSE LIMITED

COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLKIN HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: Mr J M Argent
Mr P L Cooper
Mr S J Sackett





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 09782838 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 304,459 155,678
Investment property 5 3,015,000 3,015,000
3,319,459 3,170,678

CURRENT ASSETS
Debtors 6 8,728 25,207
Cash at bank 95,478 64,094
104,206 89,301
CREDITORS
Amounts falling due within one year 7 164,251 321,563
NET CURRENT LIABILITIES (60,045 ) (232,262 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,259,414

2,938,416

CREDITORS
Amounts falling due after more than
one year

8

(856,206

)

(546,805

)

PROVISIONS FOR LIABILITIES (387,525 ) (332,617 )
NET ASSETS 2,015,683 2,058,994

COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)

BALANCE SHEET - continued
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 200 200
Revaluation reserve 1,750,614 1,750,614
Retained earnings 264,869 308,180
SHAREHOLDERS' FUNDS 2,015,683 2,058,994

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by:





Mr J M Argent - Director


COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Colkin House 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 as modified by the revaluation of certain assets.

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.
Improvements to property - not provided

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvem
to
property
£   
COST OR VALUATION
At 1 February 2022 155,678
Additions 148,781
At 31 January 2023 304,459
NET BOOK VALUE
At 31 January 2023 304,459
At 31 January 2022 155,678


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 3,015,000
NET BOOK VALUE
At 31 January 2023 3,015,000
At 31 January 2022 3,015,000

If Colkin House had not been revalued it would have been recorded at the following historical cost of £1,264,385.

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2018 963,930
Valuation in 2019 (18,993 )
Valuation in 2021 390,678
Valuation in 2022 415,000
Cost 1,264,385
3,015,000

COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 4,612 21,303
Other debtors 4,116 3,904
8,728 25,207

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 6,866 4,489
Taxation and social security 5,350 36,555
Other creditors 152,035 280,519
164,251 321,563

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Other creditors 856,206 546,805

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.23 31.1.22
£    £   
Mortgage 909,115 601,464

The debt is secured on the assets of the company.This contains both a fixed and floating charge.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
200 Ordinary £1.00 200 200

COLKIN HOUSE LIMITED (REGISTERED NUMBER: 09782838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

11. RELATED PARTY DISCLOSURES

Studio Six Limited is a company with mutual shareholders. At the year end, the company owed Studio Six Limited £39,668 (2022: £84,668).

During the year, the company charged Studio Six Limited £100,000 (2022: £80,000) in rent and £13,382(2022: £24,408) for service charges and recharged expenses.

Claverton Holdings Limited is a company which owns shares in Colkin House Limited. At the year end, the company owed Claverton Holdings Limited £55,000 (2022: £130,000).

12. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.