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Company Registration No. 12424653 (England and Wales)
COLOR WORLD CONSTRUCTION LTD Unaudited accounts for the year ended 31 January 2024
COLOR WORLD CONSTRUCTION LTD Unaudited accounts Contents
Page
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COLOR WORLD CONSTRUCTION LTD Company Information for the year ended 31 January 2024
Director
Jaroslav LOVASZ
Company Number
12424653 (England and Wales)
Registered Office
308 Park Avenue Bushey Hertfordshire WD23 2BJ England
Accountants
P&K Associates Limited CIMA Practising Certificate Holder 183, Burntoak Broadway EDGWARE Middlesex HA8 5EH
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COLOR WORLD CONSTRUCTION LTD Accountants' report
Accountants' report to the director of COLOR WORLD CONSTRUCTION LTD on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of COLOR WORLD CONSTRUCTION LTD for the year ended 31 January 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of COLOR WORLD CONSTRUCTION LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of COLOR WORLD CONSTRUCTION LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COLOR WORLD CONSTRUCTION LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that COLOR WORLD CONSTRUCTION LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of COLOR WORLD CONSTRUCTION LTD. You consider that COLOR WORLD CONSTRUCTION LTD 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 accounts of COLOR WORLD CONSTRUCTION LTD. 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 accounts.
P&K Associates Limited CIMA Practising Certificate Holder 183, Burntoak Broadway EDGWARE Middlesex HA8 5EH 18 September 2024
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COLOR WORLD CONSTRUCTION LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,845 
16,051 
Current assets
Debtors
45,839 
156,000 
Cash at bank and in hand
75,870 
8,658 
121,709 
164,658 
Creditors: amounts falling due within one year
(75,305)
(70,014)
Net current assets
46,404 
94,644 
Net assets
57,249 
110,695 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
57,149 
110,595 
Shareholders' funds
57,249 
110,695 
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2024 and were signed on its behalf by
Jaroslav LOVASZ Director Company Registration No. 12424653
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COLOR WORLD CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
COLOR WORLD CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12424653. The registered office is 308 Park Avenue, Bushey, Hertfordshire, WD23 2BJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2023
26,029 
At 31 January 2024
26,029 
Depreciation
At 1 February 2023
9,978 
Charge for the year
5,206 
At 31 January 2024
15,184 
Net book value
At 31 January 2024
10,845 
At 31 January 2023
16,051 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
45,839 
156,000 
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COLOR WORLD CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
27,683 
30,776 
Loans from directors
47,622 
39,238 
75,305 
70,014 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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