Registered number: 12508058 | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
Prepared By: | ||||||||
Gibsons Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
226 Oldham Road | ||||||||
Rochdale | ||||||||
Lancashire | ||||||||
OL11 2ER |
Colchester Ventures Ltd | ||||||||
UNAUDITED FINANCIAL STATEMENTS | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 12508058 | ||||||||
ACCOUNTANTS | ||||||||
Gibsons Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
226 Oldham Road | ||||||||
Rochdale | ||||||||
Lancashire | ||||||||
OL11 2ER |
Colchester Ventures Ltd | ||||||||
UNAUDITED FINANCIAL STATEMENTS | ||||||||
FOR THEYEARENDED31/03/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Colchester Ventures Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
548 | 542 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (7,520) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | (6,282) | (4,984) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Colchester Ventures Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have been prepared on the going concern basis despite the deficit in net assets as the director has indicated he is willing to support the company until it achieves net assets. |
1c. Depreciation | ||||||||
Plant and Machinery | 25% |
1d. Turnover | ||||||||
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other sales related taxes . The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. |
1e. Foreign Exchange | ||||||||
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Colchester Ventures Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2023 | 6,250 | 6,250 | ||
At 31/03/2024 | 6,250 | 6,250 | ||
Depreciation | ||||
At 01/04/2023 | 3,614 | 3,614 | ||
For the year | 659 | 659 | ||
At 31/03/2024 | 4,273 | 4,273 | ||
Net Book Amounts | ||||
At 31/03/2024 | 1,977 | |||
At 31/03/2023 | 2,636 | |||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Directors current account | 7,347 | 7,102 | ||||||
Accruals | 1,360 | 960 | ||||||
8,707 | 8,062 | |||||||
5. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
6. CONTROLLING PARTY | ||||||||
The company is controlled by the director by virtue of his 100% shareholding. | ||||||||