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Registered number: 13085360

Colmer 1 Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

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

Colmer 1 Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Tzvi Grosskopf
REGISTERED OFFICE
14 The Promenade
Edgware
HA8 7JZ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13085360
BANKERS
Barclays
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Colmer 1 Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
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-

Colmer 1 Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets-6,250,000
CURRENT ASSETS
Debtors44,305,79229,856
Cash at bank and in hand5,9193,162
4,311,71133,018
CREDITORS: Amounts falling due within one year51,780,2251,394,368
NET CURRENT ASSETS / (LIABILITIES)2,531,486(1,361,350)
TOTAL ASSETS LESS CURRENT LIABILITIES2,531,4864,888,650
CREDITORS: Amounts falling due after more than one year6-4,569,593
PROVISIONS FOR LIABILITIES AND CHARGES7-114,000
NET ASSETS2,531,486205,057
CAPITAL AND RESERVES
Called up share capital8300300
Profit and loss account2,531,186204,757
SHAREHOLDERS' FUNDS2,531,486205,057
For the year ending 31/12/2023 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 15/08/2024 and signed on their behalf by
.............................
Tzvi Grosskopf
Director

Colmer 1 Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/01/20236,250,0006,250,000
Additions613,119613,119
Disposals(6,863,119)(6,863,119)
At 31/12/2023--

Colmer 1 Limited

4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-15,803
VAT8,564519
Other debtors13,53413,534
Amounts due from group companies4,283,694-
4,305,79229,856
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Trade creditors22,236-
Other creditors854,529913,195
Accruals7,0236,623
Amounts due to group companies896,437474,550
1,780,2251,394,368
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr-4,569,593
-4,569,593
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation-114,000
-114,000

Colmer 1 Limited

8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
300 Ordinary shares of £1 each300300
300300
9. CONTROLLING PARTY
The company is controlled by Colmer Gorup Limited, company number 13074344, by virtue of the fact that it holds 100% of the company's issued and called up, voting share capital.
The ultimate controlling party is Tzvi Grosskopf, the director, by virtue of the fact that he holds 100% of the issued and called up, voting share capital of Colmer Group Limited.
10. RELATED PARTY TRANSACTIONS
During the year the company sold its freehold investment property to Colmer 2 Limited (company number 14356711) which is the subsidery of Colmer 1 Limited. The sale price was £11,000,000 which was the market value at the date of transfer.