REGISTERED NUMBER: 04338451 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

COLOURS INK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr E S Campbell

REGISTERED OFFICE:

22 Vernon Close

Orpington

BR5 3AS

REGISTERED NUMBER:

04338451 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

FIXED ASSETS

Tangible assets

4

926

876

CURRENT ASSETS

Debtors

5

57,582

40,003

Cash at bank

4,061

14,253

61,643

54,256

CREDITORS

Amounts falling due within one year

6

30,271

26,937

NET CURRENT ASSETS

31,372

27,319

TOTAL ASSETS LESS CURRENT LIABILITIES

32,298

28,195

CREDITORS

Amounts falling due after more than one year

7

400

3,032

NET ASSETS

31,898

25,163

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

31,894

25,159

SHAREHOLDERS' FUNDS

31,898

25,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2025 and were signed by:

Mr E S Campbell - Director

1.	STATUTORY INFORMATION

Colours Ink 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.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 31 March 2024

2,384

10,995

13,379

Additions

281

-

281

At 30 March 2025

2,665

10,995

13,660

DEPRECIATION

At 31 March 2024

1,508

10,995

12,503

Charge for year

231

-

231

At 30 March 2025

1,739

10,995

12,734

NET BOOK VALUE

At 30 March 2025

926

-

926

At 30 March 2024

876

-

876

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,795

-

Other debtors

54,619

39,816

Prepayments

168

187

57,582

40,003

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,400

2,400

Tax

22,366

18,090

Directors' current accounts

3,067

4,087

Accrued expenses

2,438

2,360

30,271

26,937

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

400

-

Bank loans - 2-5 years

-

3,032

400

3,032

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 March 2025 and the period ended 30 March 2024:

2025

2024

£

£

Mr E S Campbell

Balance outstanding at start of year

(4,087

)

(1,626

)

Amounts advanced

24,138

24,689

Amounts repaid

(23,118

)

(27,150

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,067

)

(4,087

)

Loans are unsecured, interest fee and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2024 - £10,000) were paid to the director .