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REGISTERED NUMBER: 03222144 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Chroma Europe Limited

Chroma Europe Limited (Registered number: 03222144)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Chroma Europe Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: J C Cobb



REGISTERED OFFICE: Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY



REGISTERED NUMBER: 03222144 (England and Wales)



ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY



BANKERS: Royal Bank of Scotland Plc

Chroma Europe Limited (Registered number: 03222144)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 4 17,645 17,645
Debtors 5 6,881 6,881
Cash at bank 22,998 22,998
47,524 47,524
CREDITORS
Amounts falling due within one year 6 39,524 39,524
NET CURRENT ASSETS 8,000 8,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,000

8,000

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 7,998 7,998
SHAREHOLDERS' FUNDS 8,000 8,000

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 28 March 2025 and were signed by:





J C Cobb - Director


Chroma Europe Limited (Registered number: 03222144)

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

1. STATUTORY INFORMATION

Chroma Europe 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.

Stocks
Stock is valued at the lower of cost and net realised value.

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.

Going concern
The accounts have been prepared on a going concern basis, the validity of which is dependant upon the continued support of the group creditors. The directors have received assurance that this support will continue for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

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

4. STOCKS
2024 2023
£    £   
Stocks 17,645 -
Finished goods - 17,645
17,645 17,645

Chroma Europe Limited (Registered number: 03222144)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,419 6,419
VAT 124 124
Prepayments 338 338
6,881 6,881

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 973 973
Amounts owed to group undertakings 34,379 34,379
Accruals and deferred income 4,172 4,172
39,524 39,524

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

8. ULTIMATE PARENT COMPANY

Sonenco (No.75) Pty Limited (incorporated in Australia) is regarded by the directors as being the company's ultimate parent company.