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Company Registration No. 11130354 (England and Wales)
Colour Wheel Reading Ltd Unaudited accounts for the year ended 31 March 2024
Colour Wheel Reading Ltd Unaudited accounts Contents
Page
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Colour Wheel Reading Ltd Company Information for the year ended 31 March 2024
Director
Vivienne Margaret Abbott
Company Number
11130354 (England and Wales)
Registered Office
LITTLE PIPERS BARTLETTS LANE, HOLYPORT MAIDENHEAD, BERKSHIRE SL6 2NB ENGLAND
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Colour Wheel Reading Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
96 
145 
Current assets
Debtors
(720)
- 
Cash at bank and in hand
3,454 
4,555 
2,734 
4,555 
Creditors: amounts falling due within one year
(9,421)
(10,932)
Net current liabilities
(6,687)
(6,377)
Net liabilities
(6,591)
(6,232)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,592)
(6,233)
Shareholders' funds
(6,591)
(6,232)
For the year ending 31 March 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 her 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 20 November 2024 and were signed on its behalf by
Vivienne Margaret Abbott Director Company Registration No. 11130354
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Colour Wheel Reading Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Colour Wheel Reading Ltd is a private company, limited by shares, registered in England and Wales, registration number 11130354. The registered office is LITTLE PIPERS, BARTLETTS LANE, HOLYPORT, MAIDENHEAD, BERKSHIRE, SL6 2NB, 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.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Computer equipment
25% Straight Line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
9,000 
At 31 March 2024
9,000 
Amortisation
At 1 April 2023
9,000 
At 31 March 2024
9,000 
Net book value
At 31 March 2024
- 
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Colour Wheel Reading Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
194 
At 31 March 2024
194 
Depreciation
At 1 April 2023
49 
Charge for the year
49 
At 31 March 2024
98 
Net book value
At 31 March 2024
96 
At 31 March 2023
145 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
(720)
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
453 
400 
Loans from directors
8,968 
10,532 
9,421 
10,932 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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