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REGISTERED NUMBER: 10484485 (England and Wales)










COLVESTONE REAL ESTATE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






COLVESTONE REAL ESTATE LIMITED (REGISTERED NUMBER: 10484485)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

COLVESTONE REAL ESTATE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: N D Harvey-Jones





REGISTERED OFFICE: 46 Kings Crescent
London
N4 2SY





REGISTERED NUMBER: 10484485 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

COLVESTONE REAL ESTATE LIMITED (REGISTERED NUMBER: 10484485)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90,920 10,508
Investments 5 198,666 198,666
289,586 209,174

CURRENT ASSETS
Debtors 6 280,757 391,072
Cash at bank 197,994 64,428
478,751 455,500
CREDITORS
Amounts falling due within one year 7 42,008 7,370
NET CURRENT ASSETS 436,743 448,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

726,329

657,304

CREDITORS
Amounts falling due after more than one year 8 85,881 -
NET ASSETS 640,448 657,304

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 640,447 657,303
640,448 657,304

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.

COLVESTONE REAL ESTATE LIMITED (REGISTERED NUMBER: 10484485)

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 29 August 2024 and were signed by:





N D Harvey-Jones - Director


COLVESTONE REAL ESTATE LIMITED (REGISTERED NUMBER: 10484485)

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

1. STATUTORY INFORMATION

Colvestone Real Estate Limited is a private company, limited by shares , registered in England and Wales. 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

COLVESTONE REAL ESTATE LIMITED (REGISTERED NUMBER: 10484485)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 72,945
Additions 89,519
At 30 November 2023 162,464
DEPRECIATION
At 1 December 2022 62,437
Charge for year 9,107
At 30 November 2023 71,544
NET BOOK VALUE
At 30 November 2023 90,920
At 30 November 2022 10,508

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 198,666
NET BOOK VALUE
At 30 November 2023 198,666
At 30 November 2022 198,666

6. DEBTORS
30.11.23 30.11.22
£    £   
Amounts falling due within one year:
Amounts owed by participating interests 216,072 391,072
Other debtors 14,685 -
230,757 391,072

Amounts falling due after more than one year:
Other debtors 50,000 -

Aggregate amounts 280,757 391,072

COLVESTONE REAL ESTATE LIMITED (REGISTERED NUMBER: 10484485)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Finance leases 9,963 -
Amounts owed to participating interests - 5,000
Other creditors 32,045 2,370
42,008 7,370

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Finance leases 85,881 -

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within the other creditors, the amount owed to directors is £30,146.42.The loans are interest free and with no fixed date of repayment.

10. RELATED PARTY DISCLOSURES

In other debtors there is £216,072 worth of intercompany loans that are relating to companies that are wholly or partly controlled by the director.

11. ULTIMATE CONTROLLING PARTY

The controlling party is N D Harvey-Jones.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
COLVESTONE REAL ESTATE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Colvestone Real Estate Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Colvestone Real Estate Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Colvestone Real Estate Limited and state those matters that we have agreed to state to the director of Colvestone Real Estate Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Colvestone Real Estate Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Colvestone Real Estate Limited. You consider that Colvestone Real Estate Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Colvestone Real Estate Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB


29 August 2024