Registration number:
Colourview Holdings Limited
for the Year Ended 31 May 2024
Colourview Holdings Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Colourview Holdings Limited
(Registration number: 07596747)
Balance Sheet as at 31 May 2024
Note |
2024 |
2023 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
5,774 |
5,774 |
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Retained earnings |
(1,193) |
(1,180) |
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Shareholders' funds |
4,581 |
4,594 |
For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Colourview Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Group accounts not prepared
Going concern
The financial statements have been prepared on a going concern basis.
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Colourview Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024
Financial instruments
Classification
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
2024 |
2023 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 June 2023 |
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Provision |
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Carrying amount |
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At 31 May 2024 |
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At 31 May 2023 |
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Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2023 |
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Subsidiary undertakings |
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England |
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England |
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Colourview Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024
Subsidiary undertakings |
Sarum Colourview Limited The principal activity of Sarum Colourview Limited is |
IBA Colourview Limited The principal activity of IBA Colourview Limited is |
Debtors |
Current |
Note |
2024 |
2023 |
Amounts owed by related parties |
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Creditors |
Creditors: amounts falling due within one year
Note |
2024 |
2023 |
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Due within one year |
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Amounts owed to related parties |
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Other creditors |
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Related party transactions |
Transactions with directors |
2024 |
At 1 June 2023 |
Other payments made to company by director |
At 31 May 2024 |
Mr Charles Atholl Dew-Jones |
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Had a loan with the company |
- |
(10,000) |
( |
Mr Anthony Charles White |
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Had a loan with the company |
( |
- |
( |
Colourview Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024
Summary of transactions with other related parties
IBA Colourview Limited, a subsidiary company, had transactions totalling £0 (2023: £960). At the balance sheet date the amount due from IBA Colourview Limited was £35,768 (2023: £35,768).
Parent and ultimate parent undertaking |
The ultimate controlling party is