Colourcube Automotive Ltd

Colourcube Automotive Ltd
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Colourcube Automotive Ltd Accountants' Report For the year ended 31 March 2025
Report to the directors on the preparation of the unaudited statutory accounts of Colourcube Automotive Ltd for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Colourcube Automotive Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Colourcube Automotive Ltd, as a body, in accordance with the terms of our engagement letter dated 18 November 2025. Our work has been undertaken solely to prepare for your approval the accounts of Colourcube Automotive Ltd and state those matters that we have agreed to state to the Board of Directors of Colourcube Automotive Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Colourcube Automotive Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Colourcube Automotive Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Colourcube Automotive Ltd. You consider that Colourcube Automotive Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Colourcube Automotive Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 March 2025. .................................................... The Z Squared Group Ltd Riverdale House 21a High Street Wheathampstead Hertfordshire AL4 8BB 01 August 2025 1

Colourcube Automotive Ltd
Accountants' Report
For the year ended 31 March 2025

Report to the directors on the preparation of the unaudited statutory accounts of Colourcube Automotive Ltd for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Colourcube Automotive Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Colourcube Automotive Ltd, as a body, in accordance with the terms of our engagement letter dated 18 November 2025. Our work has been undertaken solely to prepare for your approval the accounts of Colourcube Automotive Ltd and state those matters that we have agreed to state to the Board of Directors of Colourcube Automotive Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Colourcube Automotive Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Colourcube Automotive Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Colourcube Automotive Ltd. You consider that Colourcube Automotive Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Colourcube Automotive Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2025.

....................................................
The Z Squared Group Ltd
Riverdale House
21a High Street
Wheathampstead
Hertfordshire
AL4 8BB
01 August 2025

1

Colourcube Automotive Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	16,178	21,295
		16,178	21,295
Current assets
Stocks		500	500
Debtors		19,666	22,766
Cash at bank and in hand		79,005	75,609
		99,171	98,875
Creditors: amount falling due within one year		(76,717)	(51,759)
Net current assets		22,454	47,116

Total assets less current liabilities		38,632	68,411
Creditors: amount falling due after more than one year		(535)	(7,125)
Provisions for liabilities		(426)	(298)
Net assets		37,671	60,988

Capital and reserves
Called up share capital		120	120
Profit and loss account		37,551	60,868
Shareholders' funds		37,671	60,988

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 18 November 2025 and were signed on its behalf by:

-------------------------------
Michael Mayes
Director

2

Colourcube Automotive Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Colourcube Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 10126717, registration address Riverdale House, 21a High Street, Wheathampstead, Hertfordshire, AL4 8BB.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Motor Vehicles	25% Straight Line
Computer Equipment	20% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 6 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	1,988	60,037	14,413	8,381	84,819
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
At 31 March 2025	1,988	60,037	14,413	8,381	84,819
Depreciation
At 01 April 2024	-	46,684	11,908	2,378	60,970
Charge for year	-	5,262	835	1,574	7,671
On disposals	-	-	-	-	-
At 31 March 2025	-	51,946	12,743	3,952	68,641
Net book values
Closing balance as at 31 March 2025	1,988	8,091	1,670	4,429	16,178
Opening balance as at 01 April 2024	1,988	13,353	2,505	3,449	21,295

3

Registered Number: 10126717
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
COLOURCUBE AUTOMOTIVE LTD