Colsterworth Holdings (2018) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11316829

Colsterworth Holdings (2018) Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

Colsterworth Holdings (2018) Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5	2,817,325	1,986,409
Investments	6	200	100
		------------	------------
		2,817,525	1,986,509

Current assets

Debtors	7	16,283	71,656
Cash at bank and in hand		434,279	703,175
		---------	---------
		450,562	774,831

Creditors: amounts falling due within one year	8	22,907		151,550
		---------		---------
Net current assets			427,655	623,281
			------------	------------
Total assets less current liabilities			3,245,180	2,609,790
			------------	------------
Net assets			3,245,180	2,609,790
			------------	------------

Colsterworth Holdings (2018) Limited

Statement of Financial Position (continued)

31 December 2024

	2024		2023
Note	£	£	£

Capital and reserves

Called up share capital	1,350,100	1,350,100
Profit and loss account	1,895,080	1,259,690
	------------	------------
Shareholders funds	3,245,180	2,609,790
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

A White
Director

Company registration number: 11316829

Colsterworth Holdings (2018) Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 38 Tyndall Court, Commerce Road, Lynchwood, Peterborough, PE2 6LR. The trading address for the company is The Mine Site, Mill Lane, South Witham, Grantham, Lincolnshire, NG33 5QN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for the rental of freehold property, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Income from fixed asset investments is accounted for on a receipts basis.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Tangible assets

	Land and buildings
	£
Cost
At 1 January 2024	1,986,409
Additions	830,916
	------------
At 31 December 2024	2,817,325
	------------
Depreciation
At 1 January 2024 and 31 December 2024	–
	------------
Carrying amount
At 31 December 2024	2,817,325
	------------
At 31 December 2023	1,986,409
	------------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024	100
Additions	100
	----
At 31 December 2024	200
	----
Impairment
At 1 January 2024 and 31 December 2024	–
	----

Carrying amount
At 31 December 2024	200
	----
At 31 December 2023	100
	----

7. Debtors

	2024	2023
	£	£
Trade debtors	–	8,016
Other debtors	16,283	63,640
	--------	--------
	16,283	71,656
	--------	--------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	18,997	18,510
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,260	2,161
Social security and other taxes	–	129,279
Other creditors	1,650	1,600
	--------	---------
	22,907	151,550
	--------	---------