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REGISTERED NUMBER: 04878008 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

COLIN J INGRAM LTD

COLIN J INGRAM LTD (REGISTERED NUMBER: 04878008)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


COLIN J INGRAM LTD (REGISTERED NUMBER: 04878008)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,316 2,356

CURRENT ASSETS
Stocks 49,348 18,235
Debtors 5 1,652 14,882
Cash at bank 25,473 40,840
76,473 73,957
CREDITORS
Amounts falling due within one year 6 11,691 9,906
NET CURRENT ASSETS 64,782 64,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,098

66,407

PROVISIONS FOR LIABILITIES 1,367 419
NET ASSETS 70,731 65,988

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 70,631 65,888
SHAREHOLDERS' FUNDS 70,731 65,988

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

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

The director acknowledges his 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.

COLIN J INGRAM LTD (REGISTERED NUMBER: 04878008)

BALANCE SHEET - continued
30 NOVEMBER 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 director and authorised for issue on 22 August 2024 and were signed by:





Mr C J Ingram - Director


COLIN J INGRAM LTD (REGISTERED NUMBER: 04878008)

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


1. STATUTORY INFORMATION

Colin J Ingram Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04878008

Registered office: The Hen House
Upwell Road
Christchurch
Wisbech
Cambridgeshire
PE14 9LF

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 represents the net invoiced value of work done, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Office & computer equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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.


COLIN J INGRAM LTD (REGISTERED NUMBER: 04878008)

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


2. ACCOUNTING POLICIES - continued
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 year 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office &
Plant and computer Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 December 2022 6,319 1,838 6,400 14,557
Additions 971 - 6,000 6,971
Disposals - - (4,150 ) (4,150 )
At 30 November 2023 7,290 1,838 8,250 17,378
DEPRECIATION
At 1 December 2022 5,845 1,712 4,644 12,201
Charge for year 267 32 532 831
Eliminated on disposal - - (2,970 ) (2,970 )
At 30 November 2023 6,112 1,744 2,206 10,062
NET BOOK VALUE
At 30 November 2023 1,178 94 6,044 7,316
At 30 November 2022 474 126 1,756 2,356

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 9,600
Other debtors 1,652 5,282
1,652 14,882

COLIN J INGRAM LTD (REGISTERED NUMBER: 04878008)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,879 1,406
Taxation and social security 4,900 7,591
Other creditors 912 909
11,691 9,906

7. CALLED UP SHARE CAPITAL

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

8. RESERVES
Retained
earnings
£   

At 1 December 2022 65,888
Profit for the year 18,743
Dividends (14,000 )
At 30 November 2023 70,631

9. TRANSACTIONS WITH DIRECTORS

Included in other debtors is the directors' current account balance amounting to £213 (2022 - £2,190).
This balance was repaid after the balance sheet date.

Dividends were paid to the director in the year amounting to £7,000 (2022- £5,000).

10. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr C J Ingram.