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REGISTERED NUMBER: 09073414















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Colwood Motors (Uk) Limited

Colwood Motors (Uk) Limited (Registered number: 09073414)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Colwood Motors (Uk) Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mrs I A Walker
H G Walker





SECRETARY: Mrs I A Walker





REGISTERED OFFICE: Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP





REGISTERED NUMBER: 09073414





ACCOUNTANTS: Havard & Associates
Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP

Colwood Motors (Uk) Limited (Registered number: 09073414)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 115,000 126,500
Tangible assets 5 7,861 9,827
122,861 136,327

CURRENT ASSETS
Stocks 3,505 3,360
Debtors 6 319,992 292,984
Cash at bank and in hand 92,958 121,093
416,455 417,437
CREDITORS
Amounts falling due within one year 7 87,632 84,926
NET CURRENT ASSETS 328,823 332,511
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,684

468,838

CREDITORS
Amounts falling due after more than one
year

8

6,628

14,722
NET ASSETS 445,056 454,116

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 445,054 454,114
445,056 454,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Colwood Motors (Uk) Limited (Registered number: 09073414)

Balance Sheet - continued
30 November 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 Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





H G Walker - Director


Colwood Motors (Uk) Limited (Registered number: 09073414)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Colwood Motors (Uk) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Colwood Motors (Uk) Limited (Registered number: 09073414)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 230,000
AMORTISATION
At 1 December 2023 103,500
Charge for year 11,500
At 30 November 2024 115,000
NET BOOK VALUE
At 30 November 2024 115,000
At 30 November 2023 126,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 12,283
DEPRECIATION
At 1 December 2023 2,456
Charge for year 1,966
At 30 November 2024 4,422
NET BOOK VALUE
At 30 November 2024 7,861
At 30 November 2023 9,827

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 10,155 13,076
Other debtors 309,837 279,908
319,992 292,984

Colwood Motors (Uk) Limited (Registered number: 09073414)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 12,466 9,692
Taxation and social security 45,131 49,154
Other creditors 19,387 15,432
87,632 84,926

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 6,628 14,722

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
H G Walker and Mrs I A Walker
Balance outstanding at start of year 39,702 -
Amounts advanced 19,862 39,702
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 59,564 39,702

There was a S455 loan of £39702 and tax has been paid.
All loans are unsecured and interest charged at the appropriate rate.