08272307falsedental supplies wholesale2022-11-012023-10-31http://www.companieshouse.gov.uk/2022-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-10-31http://www.companieshouse.gov.uk/cd:Director12022-11-012023-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-10-31http://www.companieshouse.gov.uk/cd:Director22022-11-012023-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-11-012023-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-11-012023-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-11-012023-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-10-31http://www.companieshouse.gov.uk/2022-11-012023-10-31http://www.companieshouse.gov.uk/2022-10-31http://www.companieshouse.gov.uk/cd:FRS1022022-11-012023-10-31http://www.companieshouse.gov.uk/2023-10-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-11-012023-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-11-012023-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08272307

Colroy Trading Limited

ACCOUNTS
FOR THE YEAR ENDED 31/10/2023

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Colroy Trading Limited

ACCOUNTS
FOR THE YEAR ENDED 31/10/2023
DIRECTORS
Pierre Leichtag
Olivier Leichtag (resigned 6 February 2024)
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08272307
BANKERS
HSBC
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Colroy Trading Limited

ACCOUNTS
FOR THEYEARENDED31/10/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Colroy Trading Limited

BALANCE SHEET AT 31/10/2023
20232022
Notes££
FIXED ASSETS
Tangible assets220,25919,445
CURRENT ASSETS
Stock451,220423,915
Debtors4440,071461,533
Cash at bank and in hand70,79796,156
962,088981,604
CREDITORS: Amounts falling due within one year5528,934517,965
NET CURRENT ASSETS433,154463,639
TOTAL ASSETS LESS CURRENT LIABILITIES453,413483,084
CREDITORS: Amounts falling due after more than one year626,61736,465
NET ASSETS426,796446,619
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account426,696446,519
SHAREHOLDERS' FUNDS426,796446,619
For the year ending 31/10/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/03/2024 and signed on their behalf by
.............................
Pierre Leichtag
Director

Colroy Trading Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/10/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.

Colroy Trading Limited

2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/11/202266,42766,427
Additions10,94410,944
At 31/10/202377,37177,371
Depreciation
At 01/11/202246,98246,982
For the year10,13010,130
At 31/10/202357,11257,112
Net Book Amounts
At 31/10/202320,25920,259
At 31/10/202219,44519,445
3. STOCK 20232022
££
Stock comprises:
Stock451,220423,915
451,220423,915
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors422,953448,766
VAT17,11812,767
440,071461,533
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax8,72815,244
PAYE control2,4963,438
Trade creditors503,344445,184
Other creditors14,36654,099
528,934517,965

Colroy Trading Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr26,61736,465
26,61736,465
7. EMPLOYEES
20232022
No.No.
Average number of employees43
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
The company is controlled by P Leichtag, the director, by virtue of the fact that, together with his spouse, he controls 100% of the company's issued and called up voting share capital.
10. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by the director, O Leichtag. The loan is interest free and repayable on demand. The balance due to the director at the year end totalled £14,240 (2022: £14,869).
During the year, dividends of £30,000 (2022: £30,000) each were paid to O. Leichtag, the director, and his spouse, totalling £60,000 (2022: £60,000).