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REGISTERED NUMBER: 00384257 (England and Wales)















Society Of North Countrymen (Colchester)
Limited(The)

Unaudited Financial Statements

For The Year Ended

31st December 2024






Society Of North Countrymen (Colchester)
Limited(The) (Registered number: 00384257)

Contents of the Financial Statements
For The Year Ended 31st December 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 3


Society Of North Countrymen (Colchester)
Limited(The) (Registered number: 00384257)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 3,074 3,074

CURRENT ASSETS
Debtors 6 1,425 1,410
Cash at bank 2,068 1,974
3,493 3,384
CREDITORS
Amounts falling due within one year 7 296 392
NET CURRENT ASSETS 3,197 2,992
TOTAL ASSETS LESS CURRENT LIABILITIES 6,271 6,066

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 3,271 3,066
6,271 6,066

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 3rd May 2025 and were signed on its behalf by:





D S Linscott - Director


Society Of North Countrymen (Colchester)
Limited(The) (Registered number: 00384257)

Notes to the Financial Statements
For The Year Ended 31st December 2024


1. STATUTORY INFORMATION

Society Of North Countrymen (Colchester) Limited(The) is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00384257

Registered office: 4 Church Street
Colchester
Essex
CO1 1NF

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Not depreciated
Fixtures and fittings - 25% on cost

No depreciation is provided on the freehold property as the residual value is anticipated to be considerably in excess of cost.

Taxation
Taxation for the year comprises 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.

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.

4. EMPLOYEES AND DIRECTORS

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

Society Of North Countrymen (Colchester)
Limited(The) (Registered number: 00384257)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1st January 2024
and 31st December 2024 3,074 910 3,984
DEPRECIATION
At 1st January 2024
and 31st December 2024 - 910 910
NET BOOK VALUE
At 31st December 2024 3,074 - 3,074
At 31st December 2023 3,074 - 3,074

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,425 1,410

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 48 147
Other creditors 248 245
296 392