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REGISTERED NUMBER: 05370058 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Colourize Limited

Colourize Limited (Registered number: 05370058)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Colourize Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | Mr Darren Adam Gale

| SECRETARY: | Mr Michael Gale

| REGISTERED OFFICE: | C/O Elliot Woolfe & Rose Limited

| Devonshire House

| 582 Honeypot Lane

| Stanmore

| Middlesex

| HA7 1JS

| REGISTERED NUMBER: | 05370058 (England and Wales)

| ACCOUNTANTS: | Elliot, Woolfe & Rose Ltd

| Devonshire House

| 582 Honeypot Lane

| Stanmore

| Middlesex

| HA7 1JS

Colourize Limited (Registered number: 05370058)

Balance Sheet

31 March 2025

31.3.25 | 31.3.24 |

| Notes | £ | £

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 3,043 |  | 2,945 |  |

3,043 |  | 2,945 |  |

CURRENT ASSETS

Stocks | 1,000 |  | 6,000 |  |

Debtors | 6 | 60,930 |  | 69,909 |  |

Cash in hand | 20 |  | 20 |  |

61,950 |  | 75,929 |  |

CREDITORS

Amounts falling due within one year | 7 | (14,418 | ) | (23,824 | ) |

NET CURRENT ASSETS | 47,532 |  | 52,105 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 50,575 |  | 55,050 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (49,560 | ) | (48,863 | ) |

PROVISIONS FOR LIABILITIES | (578 | ) | (736 | ) |

NET ASSETS | 437 |  | 5,451 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 436 |  | 5,450 |  |

437 |  | 5,451 |  |

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 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.

Colourize Limited (Registered number: 05370058)

Balance Sheet - continued

31 March 2025

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 director and authorised for issue on 29 September 2025 and were signed by:

Mr Darren Adam Gale - Director

Colourize Limited (Registered number: 05370058)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Colourize 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.

| Intangible assets

| Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

| Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

| Amortisation

| Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful life of that asset as follows:

| Website costs - 20% straight line

| If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Office equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

Colourize Limited (Registered number: 05370058)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

Other |

intangible |

assets |

| £

| COST

| At 1 April 2024

| and 31 March 2025 | 650 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 650 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

Colourize Limited (Registered number: 05370058)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

etc |

| £

| COST

| At 1 April 2024 | 16,770 |  |

| Additions | 1,112 |  |

| At 31 March 2025 | 17,882 |  |

| DEPRECIATION

| At 1 April 2024 | 13,825 |  |

| Charge for year | 1,014 |  |

| At 31 March 2025 | 14,839 |  |

| NET BOOK VALUE

| At 31 March 2025 | 3,043 |  |

| At 31 March 2024 | 2,945 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

31.3.25 | 31.3.24 |

| £ | £

| Trade debtors | 6,759 |  | 15,055 |  |

| Other debtors | 54,171 |  | 54,854 |  |

60,930 |  | 69,909 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

31.3.25 | 31.3.24 |

| £ | £

| Bank loans and overdrafts | 4,456 |  | 7,625 |  |

| Taxation and social security | 8,102 |  | 14,339 |  |

| Other creditors | 1,860 |  | 1,860 |  |

14,418 |  | 23,824 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

31.3.25 | 31.3.24 |

| £ | £

| Bank loans | 49,560 |  | 48,863 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| At 31 March 2025, the amount due to the company by the director was £18,146 (2024: £26,246). Interest has been charged on this balance at 2.25%.

10. | RELATED PARTY DISCLOSURES

| Included within debtors is an amount of £36,026 (2024: £28,608) receivable from Invitation London Limited, a company in which the director has a beneficial interest. This amount is interest free and receivable on demand.

| During the year, there is a management fee of £20,000 charged to Invitation London Limited. (2024: £20,000 charged by Invitation London Limited).

Colourize Limited (Registered number: 05370058)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

11. | ULTIMATE CONTROLLING PARTY

| The director, Mr D A Gale is the ultimate controller by virtue of his shareholding in Colourize Limited.