Colour Data Holdings Limited 11857908 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is Activities of other holding companies and rental business Digita Accounts Production Advanced 6.30.9574.0 true false true 11857908 2023-11-01 2024-10-31 11857908 2024-10-31 11857908 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-10-31 11857908 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 11857908 core:Non-currentFinancialInstruments 2024-10-31 11857908 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 11857908 bus:SmallEntities 2023-11-01 2024-10-31 11857908 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 11857908 bus:FilletedAccounts 2023-11-01 2024-10-31 11857908 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11857908 bus:RegisteredOffice 2023-11-01 2024-10-31 11857908 bus:Director1 2023-11-01 2024-10-31 11857908 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11857908 core:Land 2023-11-01 2024-10-31 11857908 core:LandBuildings 2023-11-01 2024-10-31 11857908 countries:UnitedKingdom 2023-11-01 2024-10-31 11857908 2023-10-31 11857908 core:CostValuation 2023-10-31 11857908 2022-11-01 2023-10-31 11857908 2023-10-31 11857908 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 11857908 core:Non-currentFinancialInstruments 2023-10-31 11857908 core:Non-currentFinancialInstruments core:AfterOneYear 2023-10-31 iso4217:GBP xbrli:pure

Registration number: 11857908

Colour Data Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Colour Data Holdings Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Colour Data Holdings Limited

Company Information

Director

Mr Philip Stephen Carlyn

Registered office

Unit 7, Hyders Farm,
CRAWLEY
West Sussex
RH11 0NY

Accountants

DF Accountants Limited
23 Hansom Way,
Pease Pottage
Crawley
West Sussex
RH119GQ

 

Colour Data Holdings Limited

(Registration number: 11857908)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

2,425,000

2,402,000

Investments

5

1

1

Other financial assets

6

603,373

333,014

 

3,028,374

2,735,015

Current assets

 

Cash at bank and in hand

 

26,443

41,965

Creditors: Amounts falling due within one year

7

(63,264)

(69,629)

Net current liabilities

 

(36,821)

(27,664)

Total assets less current liabilities

 

2,991,553

2,707,351

Creditors: Amounts falling due after more than one year

7

(97,935)

(95,331)

Provisions for liabilities

(74,695)

(53,958)

Net assets

 

2,818,923

2,558,062

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

2,818,921

2,558,060

Shareholders' funds

 

2,818,923

2,558,062

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 July 2025
 

 

Colour Data Holdings Limited

(Registration number: 11857908)
Balance Sheet as at 31 October 2024

.........................................
Mr Philip Stephen Carlyn
Director

 

Colour Data Holdings Limited

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

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 7, Hyders Farm,
CRAWLEY
West Sussex
RH11 0NY
England

These financial statements were authorised for issue by the director on 10 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Colour Data Holdings Limited

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

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Asset class

Depreciation method and rate

Freehold

Not Depreciated

Lease

Not Depreciated

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Colour Data Holdings Limited

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Investment properties

2024
£

At 1 November

2,402,000

Fair value adjustments

23,000

At 31 October

2,425,000

 

Colour Data Holdings Limited

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

The freehold and long-term leasehold property has not been independently valued. A valuation was requested from the client, who provided their own assessment of the property's value.

Based on this valuation, the property's value has increased by £23,000. This revaluation has been recognised through a fair value adjustment and reflected in the balance sheet.

Please note, this adjustment does not impact the profit and loss account or the corporation tax computation.

There has been no valuation of investment property by an independent valuer.

5

Investments

2024
£

2023
£

Investments in subsidiaries

1

1

Subsidiaries

£

Cost or valuation

At 1 November 2023

1

Provision

Carrying amount

At 31 October 2024

1

At 31 October 2023

1

 

Colour Data Holdings Limited

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

6

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 November 2023

333,014

333,014

Fair value adjustments

96,298

96,298

Additions

174,061

174,061

At 31 October 2024

603,373

603,373

Impairment

Carrying amount

At 31 October 2024

603,373

603,373

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

30,348

42,963

Other creditors

32,916

26,666

63,264

69,629

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

1,925

321

Other non-current financial liabilities

 

96,010

95,010

 

97,935

95,331

 

Colour Data Holdings Limited

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

8

Share capital

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

1,925

321

10

Dividends

2024

2023

£

£

Final dividend of £1.00 (2023 - £1.00) per ordinary share

-

-

Interim dividend of £1.00 (2023 - £1.00) per ordinary share

90,000

141,000

90,000

141,000