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REGISTERED NUMBER: SC205405 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2022 TO 30 AUGUST 2023

FOR

COLCHRI LTD.

COLCHRI LTD. (REGISTERED NUMBER: SC205405)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLCHRI LTD.

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 AUGUST 2023







DIRECTORS: Mrs K Dolan
Ms K M Dolan





SECRETARY: Mrs K Dolan





REGISTERED OFFICE: 6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3 NQ





REGISTERED NUMBER: SC205405 (Scotland)





ACCOUNTANTS: Cornerstone Glasgow Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

COLCHRI LTD. (REGISTERED NUMBER: SC205405)

BALANCE SHEET
30 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 463,037 513,299

CURRENT ASSETS
Debtors 5 24,438 28,118
Cash at bank 56,512 77,877
80,950 105,995
CREDITORS
Amounts falling due within one year 6 231,404 215,826
NET CURRENT LIABILITIES (150,454 ) (109,831 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

312,583

403,468

CREDITORS
Amounts falling due after more than one
year

7

(24,625

)

(111,543

)

PROVISIONS FOR LIABILITIES (96,634 ) (106,564 )
NET ASSETS 191,324 185,361

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 191,319 185,356
191,324 185,361

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 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.

COLCHRI LTD. (REGISTERED NUMBER: SC205405)

BALANCE SHEET - continued
30 AUGUST 2023


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 16 August 2024 and were signed on its behalf by:





Ms K M Dolan - Director


COLCHRI LTD. (REGISTERED NUMBER: SC205405)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 AUGUST 2023

1. STATUTORY INFORMATION

Colchri 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. 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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on a reducing balance basis
Motor vehicles - 10% on a straight line basis

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2022 - 7 ) .

COLCHRI LTD. (REGISTERED NUMBER: SC205405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2022
and 30 August 2023 68,269 924,739 993,008
DEPRECIATION
At 1 September 2022 46,624 433,085 479,709
Charge for period 5,774 44,488 50,262
At 30 August 2023 52,398 477,573 529,971
NET BOOK VALUE
At 30 August 2023 15,871 447,166 463,037
At 31 August 2022 21,645 491,654 513,299

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2022
and 30 August 2023 55,783 763,143 818,926
DEPRECIATION
At 1 September 2022 20,930 277,045 297,975
Charge for period 4,330 37,419 41,749
At 30 August 2023 25,260 314,464 339,724
NET BOOK VALUE
At 30 August 2023 30,523 448,679 479,202
At 31 August 2022 34,853 486,098 520,951

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,381 12,800
VAT 18,057 15,318
24,438 28,118

COLCHRI LTD. (REGISTERED NUMBER: SC205405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 AUGUST 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,000 4,000
Hire purchase contracts 132,186 132,186
Trade creditors 13,270 8,759
Tax 12,139 730
Social security and other taxes 1,763 2,699
Directors' current accounts 51,127 50,126
Accrued expenses 16,919 17,326
231,404 215,826

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 7,000 11,000
Hire purchase contracts 17,625 100,543
24,625 111,543