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REGISTERED NUMBER: 04694400 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

COLMAR CONSTRUCTION LIMITED

COLMAR CONSTRUCTION LIMITED (REGISTERED NUMBER: 04694400)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COLMAR CONSTRUCTION LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: M Colville





SECRETARY: Mrs L Colville





REGISTERED OFFICE: 8-10 George Street
Barwell
Leicestershire
LE9 8GN





REGISTERED NUMBER: 04694400 (England and Wales)





ACCOUNTANTS: SFB Group Limited
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU

COLMAR CONSTRUCTION LIMITED (REGISTERED NUMBER: 04694400)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,128 63,733

CURRENT ASSETS
Stocks 491,000 60,000
Debtors 5 537,819 170,011
Cash at bank 236,056 187,759
1,264,875 417,770
CREDITORS
Amounts falling due within one year 6 495,529 227,287
NET CURRENT ASSETS 769,346 190,483
TOTAL ASSETS LESS CURRENT LIABILITIES 834,474 254,216

CREDITORS
Amounts falling due after more than one year 7 - (32,361 )

PROVISIONS FOR LIABILITIES (14,310 ) (12,110 )
NET ASSETS 820,164 209,745

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 820,064 209,645
SHAREHOLDERS' FUNDS 820,164 209,745

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

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

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2023 and were signed by:





M Colville - Director


COLMAR CONSTRUCTION LIMITED (REGISTERED NUMBER: 04694400)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Colmar Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied, net of returns, discounts, valued added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:
Plant and machinery15% per annum on net book amount
Fixtures and fittings25% per annum on net book amount
Computer equipment20% per annum on net book amount
Motor vehicles25% per annum on net book amount

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


COLMAR CONSTRUCTION LIMITED (REGISTERED NUMBER: 04694400)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 2,467 8,988 112,830 5,636 129,921
Additions - 2,876 17,500 2,751 23,127
At 31 March 2023 2,467 11,864 130,330 8,387 153,048
DEPRECIATION
At 1 April 2022 2,191 5,030 54,530 4,437 66,188
Charge for year 44 1,710 18,949 1,029 21,732
At 31 March 2023 2,235 6,740 73,479 5,466 87,920
NET BOOK VALUE
At 31 March 2023 232 5,124 56,851 2,921 65,128
At 31 March 2022 276 3,958 58,300 1,199 63,733

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 534,058 164,674
Other debtors 3,761 5,337
537,819 170,011

COLMAR CONSTRUCTION LIMITED (REGISTERED NUMBER: 04694400)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 9,707
Trade creditors 228,474 93,362
Taxation and social security 252,465 60,048
Other creditors 14,590 64,170
495,529 227,287

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 32,361

8. RELATED PARTY DISCLOSURES

Included in other creditors is an amount due to the directors of the company, of £944 (2022: £44,388) which is interest free and repayable on demand.