2023-06-01 10165020 2024-05-31 10165020 2023-06-01 2024-05-31 10165020 2023-05-31 10165020 2022-06-01 2023-05-31 10165020 uk-core:WithinOneYear 2023-05-31 10165020 uk-core:WithinOneYear 2024-05-31 10165020 uk-core:ShareCapital 2024-05-31 10165020 uk-core:ShareCapital 2023-05-31 10165020 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 10165020 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 10165020 uk-bus:Director1 2023-06-01 2024-05-31 10165020 uk-core:ComputerEquipment 2023-06-01 2024-05-31 10165020 uk-core:FurnitureFittings 2023-06-01 2024-05-31 10165020 uk-core:ComputerEquipment 2023-05-31 10165020 uk-core:FurnitureFittings 2023-05-31 10165020 uk-core:FurnitureFittings 2024-05-31 10165020 uk-core:ComputerEquipment 2024-05-31 iso4217:GBP xbrli:pure 10165020 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10165020 uk-bus:FRS102 2023-06-01 2024-05-31 10165020 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 10165020 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Colstan Ltd
Registered Number:10165020
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Colstan Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10165020
As at 31 May 2024
Colstan Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
228
97
2
228
97
Current assets
Trade and other receivables
12,278
6,153
3
25,049
Cash and cash equivalents
35,076
41,229
37,327
Trade and other payables: amounts falling due within one
year
(4,677)
(6,662)
4
32,650
34,567
Net current assets
Total assets less current liabilities
34,795
32,747
34,795
Net assets
32,747
Capital and reserves
Called up share capital
1
1
Retained earnings
34,794
32,746
34,795
32,747
Shareholders' funds
For the year ended 31 May 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Colin Stansfield Director
These financial statements were approved and authorised for issue by the Board on 09 August 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2024
Colstan Ltd
Notes to the Financial Statements
Statutory Information
Colstan Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
10165020.
Registered address:
4 Barron Meadow
Leigh
Greater Manchester
WN7 5LN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Computer Equipment
15% Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 June 2023
250
150
100
149
149
-
Additions
At 31 May 2024
100
299
399
Provision for depreciation and impairment
At 01 June 2023
153
101
52
Charge for year
18
11
7
At 31 May 2024
171
112
59
At 31 May 2024
Net book value
41
187
228
At 31 May 2023
48
49
97
2 of 3
5
For the year ended 31 May 2024
Colstan Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
2,086
Other debtors
6,153
10,192
12,278
6,153
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
2,025
3,954
Other creditors
4,637
723
6,662
4,677
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3