THE COLOR COMPANY DISTRIBUTION TEAM LIMITED

Company Registration Number:
02256732 (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 DISTRIBUTION TEAM LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

THE COLOR COMPANY DISTRIBUTION TEAM LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 246,832 246,556
Investments: 4 125,000 125,000
Total fixed assets: 371,832 371,556
Current assets
Stocks: 0 0
Debtors:   81,354 54,109
Cash at bank and in hand: 37,760 1,853
Investments:   0 0
Total current assets: 119,114 55,962
Creditors: amounts falling due within one year:   (161,756) (163,437)
Net current assets (liabilities): (42,642) (107,475)
Total assets less current liabilities: 329,190 264,081
Creditors: amounts falling due after more than one year:   (610,642) (547,067)
Provision for liabilities: 0 0
Total net assets (liabilities): (281,452) (282,986)
Capital and reserves
Called up share capital: 50,200 50,200
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (331,652) (333,186)
Shareholders funds: (281,452) (282,986)

The notes form part of these financial statements

THE COLOR COMPANY DISTRIBUTION TEAM 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 25 September 2025
and signed on behalf of the board by:

Name: Elgin D Loane
Status: Director

The notes form part of these financial statements

THE COLOR COMPANY DISTRIBUTION TEAM 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 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

THE COLOR COMPANY DISTRIBUTION TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 13 17

THE COLOR COMPANY DISTRIBUTION TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 246,556
Additions 276
At 31 December 2024 246,832
Depreciation
At 01 January 2024 0
Charge for year 0
On disposals 0
At 31 December 2024 0
Net book value
At 31 December 2024 246,832
At 31 December 2023 246,556

THE COLOR COMPANY DISTRIBUTION TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

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 basis: Plant and Machinery 25% reducing balance Website 20% reducing balance Goodwill 10% reducing balance