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REGISTERED NUMBER: 03451067 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

COLE CONSULTANTS LTD

COLE CONSULTANTS LTD (REGISTERED NUMBER: 03451067)






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


COLE CONSULTANTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Hilary Cole





SECRETARY: Hilary Cole





REGISTERED OFFICE: C/O Simmons Gainsford
14th Floor
33 Cavendish Square
London
W1G 0PW





REGISTERED NUMBER: 03451067 (England and Wales)





ACCOUNTANTS: Defries Weiss (Accountants) Limited
C/O Simmons Gainsford
14th Floor
33 Cavendish Square
London
W1G 0PW

COLE CONSULTANTS LTD (REGISTERED NUMBER: 03451067)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,413 1,465
Investment property 5 321,850 321,850
323,263 323,315

CURRENT ASSETS
Debtors 6 - 46,692
Cash at bank and in hand 319,157 147,481
319,157 194,173
CREDITORS
Amounts falling due within one year 7 212,316 42,387
NET CURRENT ASSETS 106,841 151,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,104

475,101

CREDITORS
Amounts falling due after more than one
year

8

(200,402

)

(207,196

)

PROVISIONS FOR LIABILITIES (347 ) (354 )
NET ASSETS 229,355 267,551

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 53,640 53,640
Retained earnings 175,713 213,909
229,355 267,551

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 director acknowledges her 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.

COLE CONSULTANTS LTD (REGISTERED NUMBER: 03451067)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2025 and were signed by:





Hilary Cole - Director


COLE CONSULTANTS LTD (REGISTERED NUMBER: 03451067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Cole Consultants Limited is a private company, limited by shares, registered in England and Wales. The company's 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 the provisions of section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding VAT.

Tangible fixed assets
Depreciation is provided annually at 33% of the reducing balance in order to write off fixtures and fittings over their estimated useful lives.

Investment property
Investment properties are accounted for in accordance with the provisions of section 16 of FRS 102. They are valued annually by the director, and from time to time by an independent professional valuer, on a fair value basis. The surplus or deficit on revaluation is transferred to the income statement. Deferred tax is provided on revaluation gains at the rate expected to apply when the property is sold.

Financial instruments
Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

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 sheetdate.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.



3. EMPLOYEES AND DIRECTORS

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

COLE CONSULTANTS LTD (REGISTERED NUMBER: 03451067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 33,251
Additions 749
Disposals (957 )
At 31 October 2024 33,043
DEPRECIATION
At 1 November 2023 31,786
Charge for year 508
Eliminated on disposal (664 )
At 31 October 2024 31,630
NET BOOK VALUE
At 31 October 2024 1,413
At 31 October 2023 1,465

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 321,850
NET BOOK VALUE
At 31 October 2024 321,850
At 31 October 2023 321,850

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2012 31,790
Valuation in 2018 21,850
Cost 268,210
321,850

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors - 6,000
Sundry debtors - 40,692
- 46,692

COLE CONSULTANTS LTD (REGISTERED NUMBER: 03451067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 618 118
Taxation and social security 38,499 34,480
Sundry creditors 173,199 7,789
212,316 42,387

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loan 193,713 193,713
Other creditors 6,689 13,483
200,402 207,196

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loan 193,713 193,713

The bank loan is secured on the company's investment property.


9. RESERVES
Fair
value
reserve
£   
At 1 November 2023
and 31 October 2024 53,640

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the director was owed £165,566 by (2023: £40,483 owed to) the company. Interest is charged on directors' current account balances at the official rate of 2.25%. The maximum amount due at any time in the year was £40,483 (2023: £40,483).