THE COLOR COMPANY (TM) LIMITED

Company Registration Number:
05266481 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

THE COLOR COMPANY (TM) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

THE COLOR COMPANY (TM) LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 13,491 1,549
Tangible assets: 4 784,151 752,459
Investments: 5 60 60
Total fixed assets: 797,702 754,068
Current assets
Stocks: 58,972 58,929
Debtors:   2,555,801 2,488,269
Cash at bank and in hand: 32,737 29,094
Investments:   0 0
Total current assets: 2,647,510 2,576,292
Creditors: amounts falling due within one year:   (1,139,949) (1,225,284)
Net current assets (liabilities): 1,507,561 1,351,008
Total assets less current liabilities: 2,305,263 2,105,076
Creditors: amounts falling due after more than one year:   (243,193) (256,432)
Provision for liabilities: 0 0
Total net assets (liabilities): 2,062,070 1,848,644
Capital and reserves
Called up share capital: 500,000 500,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,562,070 1,348,644
Shareholders funds: 2,062,070 1,848,644

The notes form part of these financial statements

THE COLOR COMPANY (TM) LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2025
and signed on behalf of the board by:

Name: Elgin Daniel Loane
Status: Director

The notes form part of these financial statements

THE COLOR COMPANY (TM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following annual basis: Freehold properties 2% on straight-line basis Leasehold properties 10% or over the lease term Plant and Machinery 25% reducing balance Website 20% reducing balance Goodwill 10% reducing balance

Intangible fixed assets and amortisation policy

Annual amortisation of goodwill is calculated at 10% to write off the cost of the asset, minus its residual value over its estimated useful lifetime

THE COLOR COMPANY (TM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 36 37

THE COLOR COMPANY (TM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 5,000
Additions 12,960
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 17,960
Amortisation
At 01 January 2024 3,451
Charge for year 1,018
On disposals 0
Other adjustments 0
At 31 December 2024 4,469
Net book value
At 31 December 2024 13,491
At 31 December 2023 1,549

THE COLOR COMPANY (TM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 2,442,519
Additions 111,203
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 2,553,722
Depreciation
At 01 January 2024 1,690,060
Charge for year 79,511
On disposals 0
Other adjustments 0
At 31 December 2024 1,769,571
Net book value
At 31 December 2024 784,151
At 31 December 2023 752,459

THE COLOR COMPANY (TM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

Property, Plant and equipment. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following annual basis: Freehold properties 2% on straight line basis Leasehold properties 10% or over the lease term Plant and Machinery 25% reducing value Website 20% reducing balance Goodwill 10% reducing balance