REGISTERED NUMBER: 09782838 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

COLKIN HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Argent

P L Cooper

S J Sackett

REGISTERED OFFICE:

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

REGISTERED NUMBER:

09782838 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

3,876

324,593

Investment property

5

2,650,000

3,015,000

2,653,876

3,339,593

CURRENT ASSETS

Debtors

6

41,135

26,126

Cash at bank

51,668

129,369

92,803

155,495

CREDITORS

Amounts falling due within one year

7

73,680

164,708

NET CURRENT ASSETS/(LIABILITIES)

19,123

(9,213

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,672,999

3,330,380

CREDITORS

Amounts falling due after more than one year

8

(767,319

)

(817,429

)

PROVISIONS FOR LIABILITIES

(344,773

)

(515,631

)

NET ASSETS

1,560,907

1,997,320

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

1,560,707

1,997,120

SHAREHOLDERS' FUNDS

1,560,907

1,997,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

J M Argent - Director

1.	STATUTORY INFORMATION

Colkin House 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.

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

25% 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 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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 February 2024

324,593

-

324,593

Reclassification/transfer

(324,593

)

14,049

(310,544

)

At 31 January 2025

-

14,049

14,049

DEPRECIATION

Charge for year

-

10,173

10,173

At 31 January 2025

-

10,173

10,173

NET BOOK VALUE

At 31 January 2025

-

3,876

3,876

At 31 January 2024

324,593

-

324,593

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

3,015,000

Revaluations

(675,544

)

Reclassification/transfer

310,544

At 31 January 2025

2,650,000

NET BOOK VALUE

At 31 January 2025

2,650,000

At 31 January 2024

3,015,000

Fair value at 31 January 2025 is represented by:

£

Valuation in 2018

963,930

Valuation in 2019

(18,993

)

Valuation in 2021

390,678

Valuation in 2022

415,000

Valuation in 2025

(675,545

)

Cost

1,574,930

2,650,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

35,547

20,458

Other debtors

5,588

5,668

41,135

26,126

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

5,680

12,201

Taxation and social security

13,913

7,443

Other creditors

54,087

145,064

73,680

164,708

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other creditors

767,319

817,429

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Mortgage

815,295

863,272

The debt is secured on the assets of the company. This contains both a fixed and floating charge.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

200

Ordinary

£1.00

200

200

11.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.