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REGISTERED NUMBER: 07811158 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Colclough & Coates - SC2 Limited

Colclough & Coates - SC2 Limited (Registered number: 07811158)






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


Colclough & Coates - SC2 Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: S A Coates
S R Colclough





REGISTERED OFFICE: 20 Brownelow Copse
Walderslade
Chatham
Kent
ME5 9JQ





REGISTERED NUMBER: 07811158 (England and Wales)





ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF

Colclough & Coates - SC2 Limited (Registered number: 07811158)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 934 888

CURRENT ASSETS
Debtors 5 2,111 7,958
Cash at bank 11,210 9,373
13,321 17,331
CREDITORS
Amounts falling due within one year 6 (5,751 ) (6,406 )
NET CURRENT ASSETS 7,570 10,925
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,504

11,813

PROVISIONS FOR LIABILITIES (178 ) (169 )
NET ASSETS 8,326 11,644

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8,324 11,642
SHAREHOLDERS' FUNDS 8,326 11,644

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.

Colclough & Coates - SC2 Limited (Registered number: 07811158)

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2025 and were signed on its behalf by:





S R Colclough - Director


Colclough & Coates - SC2 Limited (Registered number: 07811158)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Colclough & Coates - SC2 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

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.

3. EMPLOYEES AND DIRECTORS

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

Colclough & Coates - SC2 Limited (Registered number: 07811158)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2023 450 4,832 5,282
Additions - 350 350
At 31 October 2024 450 5,182 5,632
DEPRECIATION
At 1 November 2023 386 4,008 4,394
Charge for year 10 294 304
At 31 October 2024 396 4,302 4,698
NET BOOK VALUE
At 31 October 2024 54 880 934
At 31 October 2023 64 824 888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 1,958 7,854
Other debtors 153 104
2,111 7,958

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security (786 ) 1,089
Other creditors 6,537 5,317
5,751 6,406