REGISTERED NUMBER: 11476818 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

S Colaco & Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S L Colaco

P X Pinto

SECRETARY:

Ms S L Colaco

REGISTERED OFFICE:

Mouthpeace 1 Chalk Pit Lane

Wool

Wareham

Dorset

BH20 6DW

REGISTERED NUMBER:

11476818 (England and Wales)

ACCOUNTANTS:

RWB Tax Consultants Limited

G8 Lynch Lane Offices

79 Lynch Lane

Weymouth

Dorset

DT4 9DN

FIXED ASSETS

Intangible assets

4

39,906

49,116

Tangible assets

5

86,528

63,963

126,434

113,079

CURRENT ASSETS

Debtors

6

14,919

7,500

Cash at bank and in hand

343,410

395,517

358,329

403,017

CREDITORS

Amounts falling due within one year

7

56,911

85,752

NET CURRENT ASSETS

301,418

317,265

TOTAL ASSETS LESS CURRENT LIABILITIES

427,852

430,344

CREDITORS

Amounts falling due after more than one year

8

(72,171

)

(77,725

)

PROVISIONS FOR LIABILITIES

(22,930

)

(8,246

)

NET ASSETS

332,751

344,373

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

332,651

344,273

SHAREHOLDERS' FUNDS

332,751

344,373

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 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.

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 13 July 2025 and were signed on its behalf by:

Ms S L Colaco - Director

1.	STATUTORY INFORMATION

S Colaco & Associates Limited 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.

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 2020, is being amortised evenly over its estimated useful life of ten 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

92,096

AMORTISATION

At 1 April 2024

42,980

Charge for year

9,210

At 31 March 2025

52,190

NET BOOK VALUE

At 31 March 2025

39,906

At 31 March 2024

49,116

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

56,111

9,921

41,484

107,516

Additions

40,591

904

-

41,495

At 31 March 2025

96,702

10,825

41,484

149,011

DEPRECIATION

At 1 April 2024

28,053

5,129

10,371

43,553

Charge for year

10,298

854

7,778

18,930

At 31 March 2025

38,351

5,983

18,149

62,483

NET BOOK VALUE

At 31 March 2025

58,351

4,842

23,335

86,528

At 31 March 2024

28,058

4,792

31,113

63,963

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

7,500

7,500

Prepayments

7,419

-

14,919

7,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

8,271

Trade creditors

7,335

1

Tax

2,277

29,109

Social security and other taxes

10,915

6,443

Other creditors

-

1,250

Directors' current accounts

34,595

35,312

Accrued expenses

1,789

5,366

56,911

85,752

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Wesleyan Mortgage

72,171

77,725

Amounts falling due in more than five years:

Repayable by instalments

Wesleyan Mortgage

72,171

77,725

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100