Colorworld Limited 31/03/2025 iXBRL

Company registration number: 00912819

Colorworld Limited

Unaudited filleted abridged financial statements

31 March 2025

Colorworld Limited

Contents

Directors and other information

Accountants report

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Colorworld Limited

Directors and other information


Directors	M I Brydon
	J Wilkinson	(Resigned 30 June 2024)
	Jill Fountain
	Calum Thomson


Company number	00912819


Registered office	Unit 2
	Cumberland Road
	North Shields
	Tyne and Wear
	NE29 8RD


Business address	Unit 2
	Cumberland Road
	North Shields
	Tyne and Wear
	NE29 8RD


Accountants	T R Dixon & Co Ltd
	Chartered Certified Accountants
	Statutory Auditors
	Bermuda House
	1A Dinsdale Place
	Newcastle upon Tyne
	Tyne and Wear
	NE2 1BD

Colorworld Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Colorworld Limited

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 financial statements of Colorworld Limited for the year ended 31 March 2025 which comprise the abridged statement of financial position, statement of changes in equity and 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.

This report is made solely to the board of directors of Colorworld Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Colorworld Limited and state those matters that we have agreed to state to the board of directors of Colorworld Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Colorworld Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Colorworld Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Colorworld Limited. You consider that Colorworld Limited 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 financial statements of Colorworld Limited. 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 financial statements.

T R Dixon & Co Ltd

Chartered Certified Accountants

Statutory Auditors

Bermuda House

1A Dinsdale Place

Newcastle upon Tyne

Tyne and Wear

NE2 1BD

11 December 2025

Colorworld Limited

Abridged statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Current assets
Cash at bank and in hand		26,569		35,595
		_______		_______
		26,569		35,595
Creditors: amounts falling due
within one year		( 102,686)		( 98,957)
		_______		_______
Net current liabilities			( 76,117)		( 63,362)
			_______		_______
Total assets less current liabilities			( 76,117)		( 63,362)

Creditors: amounts falling due
after more than one year			-		( 13,270)
			_______		_______
Net liabilities			( 76,117)		( 76,632)
			_______		_______

Capital and reserves
Called up share capital			50,000		50,000
Profit and loss account			( 126,117)		( 126,632)
			_______		_______
Shareholders deficit			( 76,117)		( 76,632)
			_______		_______

For the year ending 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

M I Brydon

Director

Company registration number: 00912819

Colorworld Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	50,000	( 127,246)	( 77,246)

Profit for the year		614	614
	_______	_______	_______
Total comprehensive income for the year	-	614	614

	_______	_______	_______
At 31 March 2024 and 1 April 2024	50,000	( 126,632)	( 76,632)

Profit for the year		515	515
	_______	_______	_______
Total comprehensive income for the year	-	515	515

	_______	_______	_______
At 31 March 2025	50,000	( 126,117)	( 76,117)
	_______	_______	_______

Colorworld Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Unit 2, Cumberland Road, North Shields, Tyne and Wear, NE29 8RD.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4. Going Concern

The Company's financial statements have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.