Company registration number 10157117 (England and Wales)
COLOUR THE CLOUDS THEATRE COMPANY
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
COLOUR THE CLOUDS THEATRE COMPANY
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
COLOUR THE CLOUDS THEATRE COMPANY
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
30 April 2024
31 March 2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1
1
Current assets
Stocks
255
255
Debtors
4
1,318
1,061
Cash at bank and in hand
6,442
5,238
8,015
6,554
Creditors: amounts falling due within one year
5
(846)
(776)
Net current assets
7,169
5,778
Net assets
7,170
5,779
Reserves
Income and expenditure account
7,170
5,779
Members' funds
7,170
5,779

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 22 January 2025 and are signed on its behalf by:
Mrs C M H Manford
Mr Mark Fox
Director
Director
Company registration number 10157117 (England and Wales)
COLOUR THE CLOUDS THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
Accounting policies
1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

 

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Company information

Colour The Clouds Theatre Company is a private company limited by guarantee incorporated in England and Wales. The registered office is Lower Pelton Barn, Bury Road, Turton, Bolton, Lancashire, BL7 0BS.

COLOUR THE CLOUDS THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
5
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023 and 30 April 2024
700
Depreciation and impairment
At 1 May 2023 and 30 April 2024
699
Carrying amount
At 30 April 2024
1
At 30 April 2023
1
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
1,318
1,061
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
326
208
Other creditors
520
568
846
776
6
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

2024-04-302023-05-01false22 January 2025CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMrs C M H ManfordMrs Christabel FoxMr Mark FoxMrs  Sarah  Birchfalsefalse101571172023-05-012024-04-30101571172024-04-30101571172023-04-3010157117core:OtherPropertyPlantEquipment2024-04-3010157117core:OtherPropertyPlantEquipment2023-04-3010157117core:CurrentFinancialInstrumentscore:WithinOneYear2024-04-3010157117core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-3010157117core:CurrentFinancialInstruments2024-04-3010157117core:CurrentFinancialInstruments2023-04-3010157117core:RetainedEarningsAccumulatedLosses2024-04-3010157117core:RetainedEarningsAccumulatedLosses2023-04-3010157117bus:Director12023-05-012024-04-3010157117bus:Director32023-05-012024-04-3010157117core:FurnitureFittings2023-05-012024-04-30101571172022-05-012023-04-3010157117core:OtherPropertyPlantEquipment2023-04-3010157117core:WithinOneYear2024-04-3010157117core:WithinOneYear2023-04-3010157117bus:CompanyLimitedByGuarantee2023-05-012024-04-3010157117bus:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010157117bus:FRS1022023-05-012024-04-3010157117bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3010157117bus:Director22023-05-012024-04-3010157117bus:Director42023-05-012024-04-3010157117bus:FullAccounts2023-05-012024-04-30xbrli:purexbrli:sharesiso4217:GBP