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Company Registration No. 09798677 (England and Wales)
WEST4COLOURS LIMITED Unaudited accounts for the year ended 31 December 2024
WEST4COLOURS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,047 
17,996 
Current assets
Debtors
5,991 
16,234 
Cash at bank and in hand
6,407 
293 
12,398 
16,527 
Creditors: amounts falling due within one year
(19,240)
(5,265)
Net current (liabilities)/assets
(6,842)
11,262 
Total assets less current liabilities
6,205 
29,258 
Creditors: amounts falling due after more than one year
(5,484)
(28,695)
Net assets
721 
563 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
621 
463 
Shareholders' funds
721 
563 
For the year ending 31 December 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 his 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 17 January 2025 and were signed on its behalf by
Mohamed Said Hamdi Elsayed Director Company Registration No. 09798677
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WEST4COLOURS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
WEST4COLOURS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09798677. The registered office is Flat 6 Cromer Court, Hawthorne Crescent, Slough, SL1 3NL.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line basis
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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WEST4COLOURS LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
23,994 
- 
23,994 
Additions
- 
1,399 
1,399 
At 31 December 2024
23,994 
1,399 
25,393 
Depreciation
At 1 January 2024
5,998 
- 
5,998 
Charge for the year
5,998 
350 
6,348 
At 31 December 2024
11,996 
350 
12,346 
Net book value
At 31 December 2024
11,998 
1,049 
13,047 
At 31 December 2023
17,996 
- 
17,996 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,860 
14,820 
Other debtors
1,131 
1,414 
5,991 
16,234 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,000 
2,000 
VAT
7,081 
- 
Obligations under finance leases and hire purchase contracts
1,455 
1,455 
Taxes and social security
8,704 
1,052 
Other creditors
- 
758 
19,240 
5,265 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,167 
4,167 
Obligations under finance leases and hire purchase contracts
3,283 
4,738 
Other creditors
34 
19,790 
5,484 
28,695 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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WEST4COLOURS LIMITED Notes to the Accounts for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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