IRIS Accounts Production v25.1.0.734 03655337 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036553372023-10-31036553372024-10-31036553372023-11-012024-10-31036553372022-10-31036553372022-11-012023-10-31036553372023-10-3103655337ns15:EnglandWales2023-11-012024-10-3103655337ns14:PoundSterling2023-11-012024-10-3103655337ns10:Director12023-11-012024-10-3103655337ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3103655337ns10:SmallEntities2023-11-012024-10-3103655337ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3103655337ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3103655337ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3103655337ns10:FullAccounts2023-11-012024-10-310365533712023-11-012024-10-3103655337ns10:OrdinaryShareClass22023-11-012024-10-3103655337ns10:OrdinaryShareClass32023-11-012024-10-3103655337ns10:Director22023-11-012024-10-3103655337ns10:Director32023-11-012024-10-3103655337ns10:RegisteredOffice2023-11-012024-10-3103655337ns5:CurrentFinancialInstruments2024-10-3103655337ns5:CurrentFinancialInstruments2023-10-3103655337ns5:Non-currentFinancialInstruments2024-10-3103655337ns5:Non-currentFinancialInstruments2023-10-3103655337ns5:ShareCapital2024-10-3103655337ns5:ShareCapital2023-10-3103655337ns5:CapitalRedemptionReserve2024-10-3103655337ns5:CapitalRedemptionReserve2023-10-3103655337ns5:RetainedEarningsAccumulatedLosses2024-10-3103655337ns5:RetainedEarningsAccumulatedLosses2023-10-3103655337ns5:NetGoodwill2023-11-012024-10-3103655337ns5:FurnitureFittings2023-11-012024-10-3103655337ns5:MotorVehicles2023-11-012024-10-3103655337ns5:ComputerEquipment2023-11-012024-10-3103655337ns5:NetGoodwill2023-10-3103655337ns5:NetGoodwill2024-10-3103655337ns5:NetGoodwill2023-10-3103655337ns5:FurnitureFittings2023-10-3103655337ns5:MotorVehicles2023-10-3103655337ns5:ComputerEquipment2023-10-3103655337ns5:FurnitureFittings2024-10-3103655337ns5:MotorVehicles2024-10-3103655337ns5:ComputerEquipment2024-10-3103655337ns5:FurnitureFittings2023-10-3103655337ns5:MotorVehicles2023-10-3103655337ns5:ComputerEquipment2023-10-3103655337ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-11-012024-10-3103655337ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-10-3103655337ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3103655337ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3103655337ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-10-3103655337ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-10-3103655337ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-10-3103655337ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-10-3103655337ns5:HirePurchaseContracts2024-10-3103655337ns5:HirePurchaseContracts2023-10-3103655337ns5:WithinOneYear2024-10-3103655337ns5:WithinOneYear2023-10-3103655337ns5:BetweenOneFiveYears2024-10-3103655337ns5:BetweenOneFiveYears2023-10-3103655337ns5:MoreThanFiveYears2024-10-3103655337ns5:MoreThanFiveYears2023-10-3103655337ns5:AllPeriods2024-10-3103655337ns5:AllPeriods2023-10-3103655337ns10:OrdinaryShareClass22024-10-3103655337ns10:OrdinaryShareClass32024-10-31
REGISTERED NUMBER: 03655337 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

COLEMANS OFFICE SUPPLIES LIMITED

COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLEMANS OFFICE SUPPLIES LIMITED

COMPANY INFORMATION
for the year ended 31 October 2024







DIRECTORS: S H Coleman
Mrs L M Coleman
M S Dale



REGISTERED OFFICE: Unit 8 Hiron Way
Budbrooke Industrial Estate
Warwick
Warwickshire
CV34 5WP



REGISTERED NUMBER: 03655337 (England and Wales)



BANKERS: Barclays Bank PLC
High Street
Warwick
Warwickshire
CV34 4AW

COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)

BALANCE SHEET
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 47,975 38,129
47,975 38,129

CURRENT ASSETS
Stocks 36,425 40,705
Debtors 6 145,273 235,244
Cash at bank and in hand 95,503 128,778
277,201 404,727
CREDITORS
Amounts falling due within one year 7 121,237 161,899
NET CURRENT ASSETS 155,964 242,828
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,939

280,957

CREDITORS
Amounts falling due after more than one
year

8

6,304

-
NET ASSETS 197,635 280,957

CAPITAL AND RESERVES
Called up share capital 10 1,900 1,900
Capital redemption reserve 100 100
Retained earnings 195,635 278,957
SHAREHOLDERS' FUNDS 197,635 280,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)

BALANCE SHEET - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





M S Dale - Director


COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Colemans Office Supplies 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and remain consistent with the prior year.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods provided in the normal course of business.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures & fittings - 10% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the yearcomprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 74,800
AMORTISATION
At 1 November 2023
and 31 October 2024 74,800
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures Motor Computer
& fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 23,810 95,628 33,536 152,974
Additions 565 24,850 - 25,415
Disposals - (14,295 ) - (14,295 )
At 31 October 2024 24,375 106,183 33,536 164,094
DEPRECIATION
At 1 November 2023 23,196 60,934 30,715 114,845
Charge for year 136 10,632 526 11,294
Eliminated on disposal - (10,020 ) - (10,020 )
At 31 October 2024 23,332 61,546 31,241 116,119
NET BOOK VALUE
At 31 October 2024 1,043 44,637 2,295 47,975
At 31 October 2023 614 34,694 2,821 38,129

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 24,850
At 31 October 2024 24,850
DEPRECIATION
Charge for year 4,970
At 31 October 2024 4,970
NET BOOK VALUE
At 31 October 2024 19,880

COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 141,371 225,967
Other debtors 3,902 9,277
145,273 235,244

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 5,043 -
Trade creditors 59,475 99,857
Taxation and social security 19,926 32,469
Other creditors 36,793 29,573
121,237 161,899

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 6,304 -

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 5,043 -
Between one and five years 6,304 -
11,347 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 34,172 34,172
Between one and five years 136,686 136,686
In more than five years 91,124 125,296
261,982 296,154

COLEMANS OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 03655337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,800 Ordinary A 1 1,800 1,800
100 Ordinary B 1 100 100
1,900 1,900

11. PENSION COMMITMENTS

At the balance sheet date, unpaid contributions of £1,106.60 (2023 - £nil) were due to the fund. They are included in creditors within one year.

12. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.