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REGISTERED NUMBER: 05926463 (England and Wales)





















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Coulters Limited

Coulters Limited (Registered number: 05926463)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coulters Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: D R Coulter





REGISTERED OFFICE: 5 North Close
Ipswich
Woodbridge
Suffolk
IP4 2TL





REGISTERED NUMBER: 05926463 (England and Wales)





ACCOUNTANTS: Pinfold & Co
8 Deben Mill Business Centre
Old Maltings Approach
Woodbridge
Suffolk
IP12 1BL

Coulters Limited (Registered number: 05926463)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,704 19,815

CURRENT ASSETS
Debtors 5 49,895 26,570

CREDITORS
Amounts falling due within one year 6 79,739 92,290
NET CURRENT LIABILITIES (29,844 ) (65,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(140

)

(45,905

)

CREDITORS
Amounts falling due after more than one year 7 33,452 15,161
NET LIABILITIES (33,592 ) (61,066 )

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings (34,592 ) (62,066 )
SHAREHOLDERS' FUNDS (33,592 ) (61,066 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Coulters Limited (Registered number: 05926463)

Balance Sheet - continued
30 September 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





D R Coulter - Director


Coulters Limited (Registered number: 05926463)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Coulters Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The turnover represents net invoiced sales of goods and services, excluding value added tax, arising from farming.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 10% on cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Coulters Limited (Registered number: 05926463)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 106,679 1,536 8,432 258 116,905
Additions 23,247 - - - 23,247
Disposals (10,174 ) - - - (10,174 )
At 30 September 2024 119,752 1,536 8,432 258 129,978
DEPRECIATION
At 1 October 2023 91,066 159 5,801 64 97,090
Charge for year 8,851 344 658 49 9,902
Eliminated on disposal (6,718 ) - - - (6,718 )
At 30 September 2024 93,199 503 6,459 113 100,274
NET BOOK VALUE
At 30 September 2024 26,553 1,033 1,973 145 29,704
At 30 September 2023 15,613 1,377 2,631 194 19,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 49,860 26,078
VAT - 492
Prepayments and accrued income 35 -
49,895 26,570

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 32,172 27,952
Trade creditors 1,800 -
VAT 171 -
Other creditors 42,422 46,020
Directors' loan accounts 1,654 16,798
Accruals and deferred income 1,520 1,520
79,739 92,290

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 2-5 years 33,452 15,161

Coulters Limited (Registered number: 05926463)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,000 Ordinary shares £1 1,000 1,000

9. SUMMARY OF TRANSACTIONS WITH DIRECTORS

The following advances by and repayments to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
D R Coulter
Balance outstanding at start of year 16,798 22,491
Amounts advanced 20 11,079
Amounts repaid (15,164 ) (16,772 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,654 16,798

10. ULTIMATE CONTROLLING PARTY

The director, David Coulter, controls the company by virtue of his shareholding.