Company Registration No. 00805317 (England and Wales)
COLOSSEO PROPERTY INVESTMENT LIMITED
Unaudited accounts
for the year ended 5 April 2025
COLOSSEO PROPERTY INVESTMENT LIMITED
Unaudited accounts
Contents
COLOSSEO PROPERTY INVESTMENT LIMITED
Company Information
for the year ended 5 April 2025
Directors
Mr S Mazzi
Mrs A Mazzi
Company Number
00805317 (England and Wales)
Registered Office
7 FLAMBARD ROAD
HARROW
MIDDLESEX
HA1 2NB
Accountants
Kaushik Khiroya, AFA
LMK ACCOUNTING LTD
THE GATEHOUSE
GATEHOUSE WAY
AYLESBURY
HP19 8DB
COLOSSEO PROPERTY INVESTMENT LIMITED
Statement of financial position
as at 5 April 2025
Investment property
1,975,000
1,975,000
Cash at bank and in hand
277,929
171,918
Creditors: amounts falling due within one year
(243,080)
(577,702)
Net current assets/(liabilities)
37,578
(41,997)
Total assets less current liabilities
2,012,948
1,933,465
Provisions for liabilities
Deferred tax
(400,701)
(400,701)
Net assets
1,612,247
1,532,764
Called up share capital
4
4
Revaluation reserve
1,296,747
1,296,747
Profit and loss account
315,496
236,013
Shareholders' funds
1,612,247
1,532,764
For the year ending 5 April 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by
Mr S Mazzi
Director
Company Registration No. 00805317
COLOSSEO PROPERTY INVESTMENT LIMITED
Notes to the Accounts
for the year ended 5 April 2025
COLOSSEO PROPERTY INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00805317. The registered office is 7 FLAMBARD ROAD, HARROW, MIDDLESEX, HA1 2NB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investment properties have been valued by the directors.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Financial instruments are classified by the directors as basic or advanced following the condiTions in FRS 102 section 11.
Basic financial instruments, which include trade and other receivables and payables, cash and bank balances, are amortised at cost.
Advanced financial instruments which include interest rate swap and forward foreign exchange contracts, are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
COLOSSEO PROPERTY INVESTMENT LIMITED
Notes to the Accounts
for the year ended 5 April 2025
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
4
Tangible fixed assets
Fixtures & fittings
Fair value at 6 April 2024
1,975,000
Amounts falling due within one year
Accrued income and prepayments
2,729
-
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
38,010
5,775
Loans from directors
200,362
251,987
Deferred income
2,068
2,300
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).