REGISTERED NUMBER: 10927376 (England and Wales)

Colville Capital Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S P Newall

REGISTERED OFFICE:

Delta 606 Welton Road

Delta Office Park

Swindon

SN5 7XF

REGISTERED NUMBER:

10927376 (England and Wales)

ACCOUNTANTS:

AMS Accountancy Limited

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

FIXED ASSETS

Tangible assets

4

24,814

7,781

Investment property

5

1,355,489

900,000

1,380,303

907,781

CURRENT ASSETS

Debtors

6

60,759

60,000

Cash at bank

8,143

11,436

68,902

71,436

CREDITORS

Amounts falling due within one year

7

(634,488

)

(164,032

)

NET CURRENT LIABILITIES

(565,586

)

(92,596

)

TOTAL ASSETS LESS CURRENT LIABILITIES

814,717

815,185

CREDITORS

Amounts falling due after more than one year

8

(469,847

)

(488,645

)

PROVISIONS FOR LIABILITIES

(43,962

)

(43,962

)

NET ASSETS

300,908

282,578

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

300,907

282,577

SHAREHOLDERS' FUNDS

300,908

282,578

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

Mr S P Newall - Director

1.	STATUTORY INFORMATION

Colville Capital 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2023

-

10,410

1,925

12,335

Additions

250

23,643

-

23,893

At 30 September 2024

250

34,053

1,925

36,228

DEPRECIATION

At 1 October 2023

-

2,629

1,925

4,554

Charge for year

50

6,810

-

6,860

At 30 September 2024

50

9,439

1,925

11,414

NET BOOK VALUE

At 30 September 2024

200

24,614

-

24,814

At 30 September 2023

-

7,781

-

7,781

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

900,000

Additions

455,489

At 30 September 2024

1,355,489

NET BOOK VALUE

At 30 September 2024

1,355,489

At 30 September 2023

900,000

Fair value at 30 September 2024 is represented by:

£

Valuation in 2022

131,379

Valuation in 2023

100,000

Valuation in 2024

455,489

686,868

If the investment properties had not been revalued they would have been included at the following historical cost:

2024

2023

£

£

Cost

668,621

668,621

The investment properties were valued on an open market basis on 30 September 2023 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

759

-

Other debtors

60,000

60,000

60,759

60,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 9)

11,422

1,894

Trade creditors

1,837

305

Tax

576

-

Other creditors

133,489

126,469

Directors' current accounts

486,264

34,361

Accrued expenses

900

1,003

634,488

164,032

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 9)

469,847

488,645

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

167,017

477,024

Repayable by instalments

Bank loans more 5 yr by instal

253,501

3,554

9.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

11,422

1,894

Amounts falling due between one and two years:

Bank loans - 1-2 years

11,769

1,942

Amounts falling due between two and five years:

Bank loans - 2-5 years

37,560

6,125

2024

2023

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

167,017

477,024

Repayable by instalments

Bank loans more 5 yr by instal

253,501

3,554

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

477,024

477,024

Included within 'Bank Loans' at 30th September 2023 were two mortgages secured on the two investment properties in the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1