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Company Registration No. 11390779 (England and Wales)
Colour Celebrations Ltd Unaudited accounts for the year ended 31 May 2024
Colour Celebrations Ltd Unaudited accounts Contents
Page
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Colour Celebrations Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,181 
5,181 
Current assets
Debtors
2 
150 
Cash at bank and in hand
(11,398)
(236)
(11,396)
(86)
Creditors: amounts falling due within one year
(9,930)
(818)
Net current liabilities
(21,326)
(904)
Total assets less current liabilities
(16,145)
4,277 
Creditors: amounts falling due after more than one year
- 
(18,932)
Net liabilities
(16,145)
(14,655)
Capital and reserves
Profit and loss account
(16,145)
(14,655)
Shareholders' funds
(16,145)
(14,655)
For the year ending 31 May 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 February 2025 and were signed on its behalf by
D Ajaja Director Company Registration No. 11390779
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Colour Celebrations Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Colour Celebrations Ltd is a private company, limited by shares, registered in England and Wales, registration number 11390779. The registered office is 85 Great Portland Street, London, W1W 7LT, 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.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2023
5,181 
At 31 May 2024
5,181 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
5,181 
At 31 May 2023
5,181 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
150 
Other debtors
2 
- 
2 
150 
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Colour Celebrations Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
(3)
818 
Loans from directors
9,933 
- 
9,930 
818 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
- 
18,932 
Directors Loan to the business total £17,686 as at the financial year-end date, included in creditors: amounts falling due after more than one year is unsecured with 2% yearly interest due on the balance.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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