COLORS ENTERPRISES C.I.C.

Company limited by guarantee

Company Registration Number:
08405245 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

COLORS ENTERPRISES C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

COLORS ENTERPRISES C.I.C.

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The principal activity of the company in the year under review was that of to advance and protect and provide services to address the health and social care and welling being of the public , promote community development &community engagement in voluntary private and public sectors and advance social inclusion particularly amongst older people and people with disabilities.



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

Kamaljit Kaur
Balraj Purewal


The director shown below has held office during the period of
1 March 2023 to 10 May 2023

Mukesh Solanki


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 November 2024

And signed on behalf of the board by:
Name: Kamaljit Kaur
Status: Director

COLORS ENTERPRISES C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 80 ) ( 70 )
Other operating income: 0 0
Operating profit(or loss): (80) (70)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (80) (70)
Profit(or loss) for the financial year: (80) (70)

COLORS ENTERPRISES C.I.C.

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 3,412 3,412
Investments:   0 0
Total current assets: 3,412 3,412
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 5,353 ) ( 5,273 )
Net current assets (liabilities): (1,941) (1,861)
Total assets less current liabilities: (1,941) ( 1,861)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (1,941) (1,861)
Members' funds
Profit and loss account: (1,941) ( 1,861)
Total members' funds: ( 1,941) (1,861)

The notes form part of these financial statements

COLORS ENTERPRISES C.I.C.

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: Kamaljit Kaur
Status: Director

The notes form part of these financial statements

COLORS ENTERPRISES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COLORS ENTERPRISES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COLORS ENTERPRISES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 5,353 5,273
Total 5,353 5,273

COMMUNITY INTEREST ANNUAL REPORT

COLORS ENTERPRISES C.I.C.

Company Number: 08405245 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. During the year the company continued to collaborate with and support the work of The Asian Health Agency and The Asian Women’s Network to local vulnerable people and community groups supporting work activities aimed at improving healthy lifestyles and providing opportunities, particularly mounts older people, to become more active and lead healthier lifestyles. The work contributed to supporting isolated and diverse people together, promoting community cohesion and towards improving physical and mental wellness among older people

Consultation with stakeholders

The Company’s stakeholders are people who experience disadvantage including those with, disabilities and who are in need of health and social care support to advance their physical and mental wellbeing as well as organisations that work to address disadvantage and inequalities and promote experiencing poverty disadvantage and inequalities for the general public and particularly for marginalised communities. During the year the Company also started to support 2 partners to develop activities to bring diverse communities together and to set up a project to support Asian women facing mental health-related problems. The company continued to support partners to organise consultation meetings with women and older people and meetings to encourage volunteering in the local community.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 November 2024

And signed on behalf of the board by:
Name: Kamaljit Johal
Status: Director