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REGISTERED NUMBER: 10416638 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Columbia Metals Holdings Limited

Columbia Metals Holdings Limited (Registered number: 10416638)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Columbia Metals Holdings Limited

Company Information
for the year ended 31 October 2024







DIRECTORS: Mr D Stephenson
Mrs W K Stephenson





REGISTERED OFFICE: Unit E Ronald Close
Woburn Road Industrial Estate
Kempston
Bedford
Bedfordshire
MK42 7SH





REGISTERED NUMBER: 10416638 (England and Wales)





ACCOUNTANTS: Clifford Roberts
Chartered Accountants
Pacioli House
9 Brookfield
Duncan Close
Northampton
Northamptonshire
NN3 6WL

Columbia Metals Holdings Limited (Registered number: 10416638)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 10,000 10,000
Investment property 5 749,000 727,000
759,000 737,000

CURRENT ASSETS
Debtors 6 140,286 102,503
Cash at bank 6,760 21,631
147,046 124,134
CREDITORS
Amounts falling due within one year 7 114,725 107,700
NET CURRENT ASSETS 32,321 16,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

791,321

753,434

PROVISIONS FOR LIABILITIES 8 12,052 6,552
NET ASSETS 779,269 746,882

CAPITAL AND RESERVES
Called up share capital 9 10,003 10,003
Retained earnings 769,266 736,879
SHAREHOLDERS' FUNDS 779,269 746,882

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.

Columbia Metals Holdings Limited (Registered number: 10416638)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





Mr D Stephenson - Director


Columbia Metals Holdings Limited (Registered number: 10416638)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Columbia Metals Holdings 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 except for the modification to a fair value basis for the investment property.

The financial statements are presented in Sterling (£) and cover the period to 31st October each year.

Preparation of consolidated financial statements
The financial statements contain information about Columbia Metals Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 represents the invoiced rental and management charges stated net of value added tax. The turnover is wholly attributable to the rental of the investment property and arose entirely within the United Kingdom.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the income statement.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad or doubtful debts except where the effect of discounting would be immaterial, in which case they are stated at undiscounted cost less impairment losses for doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at undiscounted cost.


Columbia Metals Holdings Limited (Registered number: 10416638)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2023
and 31 October 2024 10,000
NET BOOK VALUE
At 31 October 2024 10,000
At 31 October 2023 10,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 727,000
Revaluations 22,000
At 31 October 2024 749,000
NET BOOK VALUE
At 31 October 2024 749,000
At 31 October 2023 727,000

Columbia Metals Holdings Limited (Registered number: 10416638)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

5. INVESTMENT PROPERTY - continued

To determine the fair value the directors review the open market cost or the last independent valuation of the investment properties and consider whether they are appropriate approximations of the fair values of the properties as at the year end, having given due regard to the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset.

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2024 22,000
Valuation in 2023 6,770
Valuation in 2022 19,439
Cost 700,791
749,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 140,283 102,500
Other debtors 3 3
140,286 102,503

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,649 109
Taxation and social security 3,956 4,166
Other creditors 104,120 103,425
114,725 107,700

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 12,052 6,552

Deferred
tax
£   
Balance at 1 November 2023 6,552
Provided during year 5,500
Balance at 31 October 2024 12,052

Columbia Metals Holdings Limited (Registered number: 10416638)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid
Number: Class: Nominal 2024 2023
Value: £ £

10,000 Ordinary A Shares £1 10,000 10,000
1 Ordinary B Shares £1 1 1
1 Ordinary C Shares £1 1 1
1 Ordinary D Shares £1 1 1
10,003 10,003