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REGISTERED NUMBER: SC473233 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2023

FOR

COLACO CONSULTING LTD

COLACO CONSULTING LTD (REGISTERED NUMBER: SC473233)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


COLACO CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Ms R Colaco





REGISTERED OFFICE: JSA Services Ltd
83 Princes Street
Edinburgh
EH2 2ER





REGISTERED NUMBER: SC473233 (Scotland)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

COLACO CONSULTING LTD (REGISTERED NUMBER: SC473233)

ABRIDGED BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 746 746
Tangible assets 6 704 100
1,450 846

CURRENT ASSETS
Debtors 16,710 32,864
Cash at bank 319,975 235,180
336,685 268,044
CREDITORS
Amounts falling due within one year 29,788 24,890
NET CURRENT ASSETS 306,897 243,154
TOTAL ASSETS LESS CURRENT
LIABILITIES

308,347

244,000

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 308,247 243,900
SHAREHOLDERS' FUNDS 308,347 244,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

COLACO CONSULTING LTD (REGISTERED NUMBER: SC473233)

ABRIDGED BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2023 and were signed by:





Ms R Colaco - Director


COLACO CONSULTING LTD (REGISTERED NUMBER: SC473233)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Colaco Consulting Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intangible assets is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022
and 30 June 2023 746
NET BOOK VALUE

At 30 June 2023 746
At 30 June 2022 746

COLACO CONSULTING LTD (REGISTERED NUMBER: SC473233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 1,157
Additions 1,056
At 30 June 2023 2,213
DEPRECIATION
At 1 July 2022 1,057
Charge for year 452
At 30 June 2023 1,509
NET BOOK VALUE
At 30 June 2023 704
At 30 June 2022 100

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £40,000 (2022 - £39,450).

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
Ms R Colaco
Balance outstanding at start of year (2,507 ) (3,627 )
Amounts advanced 13,744 11,743
Amounts repaid (13,968 ) (10,623 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,731 ) (2,507 )