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REGISTERED NUMBER: 11393988 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COLOUR PROPERTIES LTD

COLOUR PROPERTIES LTD (REGISTERED NUMBER: 11393988)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLOUR PROPERTIES LTD

COMPANY INFORMATION
for the year ended 31 MARCH 2025







DIRECTOR: N Arora





REGISTERED OFFICE: 16 Fairstone
Newbury
Berks
RG14 7WT





REGISTERED NUMBER: 11393988 (England and Wales)





ACCOUNTANTS: C B Heslop & Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

COLOUR PROPERTIES LTD (REGISTERED NUMBER: 11393988)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,042,032 640,000

CURRENT ASSETS
Cash at bank 14,891 22,732

CREDITORS
Amounts falling due within one year 5 221,298 150,340
NET CURRENT LIABILITIES (206,407 ) (127,608 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

835,625

512,392

CREDITORS
Amounts falling due after more than one
year

6

(629,293

)

(386,359

)

PROVISIONS FOR LIABILITIES (48,681 ) (33,303 )
NET ASSETS 157,651 92,730

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 8 207,536 141,974
Retained earnings (49,886 ) (49,245 )
157,651 92,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COLOUR PROPERTIES LTD (REGISTERED NUMBER: 11393988)

BALANCE SHEET - continued
31 MARCH 2025


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 director and authorised for issue on 13 June 2025 and were signed by:





N Arora - Director


COLOUR PROPERTIES LTD (REGISTERED NUMBER: 11393988)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2025

1. STATUTORY INFORMATION

Colour Properties Ltd 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2024 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 640,000
Additions 321,092
Revaluations 80,940
At 31 March 2025 1,042,032
NET BOOK VALUE
At 31 March 2025 1,042,032
At 31 March 2024 640,000

COLOUR PROPERTIES LTD (REGISTERED NUMBER: 11393988)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2025

4. INVESTMENT PROPERTY - continued

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2020 72,438
Valuation in 2021 (87,500 )
Valuation in 2022 57,500
Valuation in 2023 80,000
Valuation in 2024 52,839
Valuation in 2025 80,940
Cost 785,815
1,042,032

The above valuation includes capital expenditure associated with the acquisition of these properties.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 3,000 3,000
Amounts owed to group undertakings - 34,403
Other creditors 218,298 112,937
221,298 150,340

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 629,293 386,359

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 552,490 306,495

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 628,622 382,626

The company has agreed fixed charges on the investment properties.

COLOUR PROPERTIES LTD (REGISTERED NUMBER: 11393988)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2025

8. RESERVES
Fair
value
reserve
£   
At 1 April 2024 141,974
Gains (losses) on revaluation 65,562

At 31 March 2025 207,536

9. CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date or at 31 March 2024.

10. RELATED PARTY DISCLOSURES

At the balance sheet date £216,630 (2024 : £111,618) was due to the director, N Arora.

Also at the balance sheet date £Nil (2024: £34,403) was due to Easy Advice Limited, a company which is also controlled by N Arora. Interest of £Nil was charged from Easy Advice Limited in the year.

11. ULTIMATE CONTROLLING PARTY

The controlling party is N Arora.