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REGISTERED NUMBER: 12690926 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

CHROMA VISION HOLDINGS LIMITED

CHROMA VISION HOLDINGS LIMITED (REGISTERED NUMBER: 12690926)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CHROMA VISION HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mrs P L Baldwin
Miss E Baldwin





REGISTERED OFFICE: Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: 12690926 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

CHROMA VISION HOLDINGS LIMITED (REGISTERED NUMBER: 12690926)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 1,643,728 1,581,500

CURRENT ASSETS
Debtors 5 18,509 9,000
Cash at bank and in hand 1,117,369 1,068,275
1,135,878 1,077,275
CREDITORS
Amounts falling due within one year 6 (20,549 ) (28,727 )
NET CURRENT ASSETS 1,115,329 1,048,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,759,057

2,630,048

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,758,957 2,629,948
SHAREHOLDERS' FUNDS 2,759,057 2,630,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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 directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





Mrs P L Baldwin - Director


CHROMA VISION HOLDINGS LIMITED (REGISTERED NUMBER: 12690926)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Chroma Vision Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 June 2023 20 1,581,480 1,581,500
Additions - 62,228 62,228
At 31 May 2024 20 1,643,708 1,643,728
NET BOOK VALUE
At 31 May 2024 20 1,643,708 1,643,728
At 31 May 2023 20 1,581,480 1,581,500

The above investments relate to the shareholdings in Chroma Vision Limited and Scratton properties LLP, companies also controlled by P Baldwin.

CHROMA VISION HOLDINGS LIMITED (REGISTERED NUMBER: 12690926)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 18,509 9,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 19,298 27,402
Other creditors 1,251 1,325
20,549 28,727

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

For the year under review the company provided a loan to Mrs P Baldwin as follows: 2024 - £11,407 (2023 - £9,000).

The loan is repayable on demand and interest is charged at H M Revenue & Customs rate of 2.5% at all times the loan balance exceeds £10,000.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs P L Baldwin.