4 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 43,025 10,756 10,756 32,269 43,025 335,362 335,362 335,362 xbrli:pure xbrli:shares iso4217:GBP 01110639 2023-10-01 2024-09-30 01110639 2024-09-30 01110639 2023-09-30 01110639 2022-10-01 2023-09-30 01110639 2023-09-30 01110639 2022-09-30 01110639 core:MotorVehicles 2023-10-01 2024-09-30 01110639 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 01110639 bus:OrdinaryShareClass2 2023-10-01 2024-09-30 01110639 bus:OrdinaryShareClass3 2023-10-01 2024-09-30 01110639 bus:OrdinaryShareClass4 2023-10-01 2024-09-30 01110639 bus:OrdinaryShareClass5 2023-10-01 2024-09-30 01110639 bus:PreferenceShareClass1 2023-10-01 2024-09-30 01110639 bus:Director3 2023-10-01 2024-09-30 01110639 core:MotorVehicles 2024-09-30 01110639 core:WithinOneYear 2024-09-30 01110639 core:WithinOneYear 2023-09-30 01110639 core:ShareCapital 2024-09-30 01110639 core:ShareCapital 2023-09-30 01110639 core:RetainedEarningsAccumulatedLosses 2024-09-30 01110639 core:RetainedEarningsAccumulatedLosses 2023-09-30 01110639 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 01110639 core:Non-currentFinancialInstruments 2024-09-30 01110639 core:Non-currentFinancialInstruments 2023-09-30 01110639 core:MotorVehicles 2023-09-30 01110639 bus:SmallEntities 2023-10-01 2024-09-30 01110639 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 01110639 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 01110639 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01110639 bus:FullAccounts 2023-10-01 2024-09-30 01110639 bus:AllOrdinaryShares 2024-09-30 01110639 bus:AllOrdinaryShares 2023-09-30 01110639 bus:OrdinaryShareClass1 2024-09-30 01110639 bus:OrdinaryShareClass1 2023-09-30 01110639 bus:OrdinaryShareClass2 2024-09-30 01110639 bus:OrdinaryShareClass2 2023-09-30 01110639 bus:OrdinaryShareClass3 2024-09-30 01110639 bus:OrdinaryShareClass3 2023-09-30 01110639 bus:OrdinaryShareClass4 2024-09-30 01110639 bus:OrdinaryShareClass4 2023-09-30 01110639 bus:OrdinaryShareClass5 2024-09-30 01110639 bus:OrdinaryShareClass5 2023-09-30 01110639 bus:PreferenceShareClass1 2024-09-30 01110639 bus:PreferenceShareClass1 2023-09-30 01110639 1 2024-09-30
COMPANY REGISTRATION NUMBER: 01110639
John Coldham Limited
Unaudited financial statements
30 September 2024
John Coldham Limited
Statement of financial position
30 September 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
5
32,269
43,025
Investments
6
335,362
335,362
---------
---------
367,631
378,387
Current assets
Stocks
13,500
13,500
Debtors
7
2,649,292
3,595,228
Cash at bank and in hand
40,027
22,046
-----------
-----------
2,702,819
3,630,774
Creditors: Amounts falling due within one year
8
( 2,932,174)
( 3,500,368)
-----------
-----------
Net current (liabilities)/assets
( 229,355)
130,406
---------
---------
Total assets less current liabilities
138,276
508,793
Provisions
Taxation including deferred tax
( 8,067)
( 10,756)
Accruals and deferred income
( 62,379)
( 59,905)
---------
---------
Net assets
67,830
438,132
---------
---------
Capital and reserves
Called up share capital
9
8,888
8,888
Profit and loss account
58,942
429,244
-------
---------
Shareholders funds
67,830
438,132
-------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
John Coldham Limited
Statement of financial position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 24 June 2025 , and are signed on behalf of the board by:
Mr A C D Crossley
Director
Company registration number: 01110639
John Coldham Limited
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, NR7 0LB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles
-
25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value as follows: Cost is calculated by deducting the gross profit percentage from the normal selling price. Net realisable value is based on expected selling price.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of employees during the year was 4 (2023: 2 ).
5. Tangible assets
Motor vehicles
Total
£
£
Cost
At 1 October 2023 and 30 September 2024
43,025
43,025
-------
-------
Depreciation
At 1 October 2023
Charge for the year
10,756
10,756
-------
-------
At 30 September 2024
10,756
10,756
-------
-------
Carrying amount
At 30 September 2024
32,269
32,269
-------
-------
At 30 September 2023
43,025
43,025
-------
-------
6. Investments
Shares in group undertakings
£
Cost
At 1 October 2023 and 30 September 2024
335,362
---------
Impairment
At 1 October 2023 and 30 September 2024
---------
Carrying amount
At 30 September 2024
335,362
---------
At 30 September 2023
335,362
---------
7. Debtors
2024
2023
£
£
Amounts owed by group undertakings
791,057
3,531,750
Prepayments and accrued income
7,860
5,405
Directors loan account
1,782,535
Other debtors
67,840
58,073
-----------
-----------
2,649,292
3,595,228
-----------
-----------
8. Creditors: Amounts falling due within one year
2024
2023
£
£
Trade creditors
3,119
3,119
Amounts owed to group undertakings
658,637
1,125,296
Social security and other taxes
17,712
Other creditors
2,270,418
2,354,241
-----------
-----------
2,932,174
3,500,368
-----------
-----------
Other creditors includes Shares Classified as Financial Liabilities amounting to £800,000 (2023: £800,000).
9. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Amounts presented in equity:
Ordinary 'A' shares of £ 1 each
1,840
1,840
1,840
1,840
Ordinary 'B' shares of £ 1 each
1,840
1,840
1,840
1,840
Ordinary 'C' shares of £ 1 each
1,840
1,840
1,840
1,840
Ordinary 'D' shares of £ 1 each
2,746
2,746
2,746
2,746
Ordinary 'E' shares of £ 1 each
622
622
622
622
------
------
------
------
8,888
8,888
8,888
8,888
------
------
------
------
Amounts presented in liabilities:
Preference shares of £ 1 each
800,000
800,000
800,000
800,000
---------
---------
---------
---------
10. Contingencies
The company holds a joint VAT registration with other related companies. At 30 September 2024, the maximum potential liability amounted to £40,424 (2023: £27,494).
11. Directors' advances, credits and guarantees
As at 30 September 2024 a director owed the company £1,782,535 (2023: £nil). During the period the amount outstanding exceeded £10,000, interest has been charged at HMRC's official rate. The maximum overdrawn balance during the year was £1,840,733 (2023: £1,975,722).