Company Registration No. 08753532 (England and Wales)
384Coldharbour Limited
Unaudited accounts
for the year ended 31 March 2023
384Coldharbour Limited
Unaudited accounts
Contents
384Coldharbour Limited
Company Information
for the year ended 31 March 2023
Company Number
08753532 (England and Wales)
Registered Office
384 Coldharbour Lane
London
SW9 8LF
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
384Coldharbour Limited
Accountants' report
Accountants' report to the director of 384Coldharbour Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
384Coldharbour Limited for the year ended
31 March 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 384Coldharbour Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 384Coldharbour Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 384Coldharbour Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 384Coldharbour Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 384Coldharbour Limited. You consider that 384Coldharbour Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 384Coldharbour Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
21 August 2023
384Coldharbour Limited
Statement of financial position
as at 31 March 2023
Tangible assets
220,461
95,042
Cash at bank and in hand
10,602
61,736
Creditors: amounts falling due within one year
(163,403)
(86,780)
Net current liabilities
(108,012)
(8,934)
Total assets less current liabilities
112,449
86,108
Creditors: amounts falling due after more than one year
(74,124)
(31,667)
Called up share capital
1,000
1,000
Profit and loss account
37,325
53,441
Shareholders' funds
38,325
54,441
For the year ending 31 March 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 21 August 2023 and were signed on its behalf by
Liam Brown
Director
Company Registration No. 08753532
384Coldharbour Limited
Notes to the Accounts
for the year ended 31 March 2023
384Coldharbour Limited is a private company, limited by shares, registered in England and Wales, registration number 08753532. The registered office is 384 Coldharbour Lane, London, SW9 8LF.
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:
Fixtures & fittings
6 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The director considers that it is appropriate to prepare the financial statements on a going concern basis as the company is in a period of growth and projects the working capital of the company will improve in the next 12 months.
384Coldharbour Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
45,906
135,245
57,675
238,826
Additions
127,049
1,204
28,923
157,176
At 31 March 2023
172,955
136,449
86,598
396,002
At 1 April 2022
9,055
96,862
37,867
143,784
Charge for the year
4,469
17,815
9,473
31,757
At 31 March 2023
13,524
114,677
47,340
175,541
At 31 March 2023
159,431
21,772
39,258
220,461
At 31 March 2022
36,851
38,383
19,808
95,042
Amounts falling due within one year
Accrued income and prepayments
14,634
6,250
Other debtors
24,694
4,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
111,631
10,000
Trade creditors
14,300
30,160
Taxes and social security
7,176
21,016
Other creditors
10,045
7,415
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
49,124
-
384Coldharbour Limited
Notes to the Accounts
for the year ended 31 March 2023
8
Average number of employees
During the year the average number of employees was 18 (2022: 13).