Coldham Limited - Filleted accounts

Coldham Limited
Registered number:		13267038
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Investments	3		2,539,191			1,457,878

Current assets
Debtors	4	2,882			87,980
Cash at bank and in hand		6,560			967
		9,442			88,947

Creditors: amounts falling due within one year	5	(2,036,858)			(1,408,119)

Net current liabilities			(2,027,416)			(1,319,172)

Total assets less current liabilities			511,775			138,706

Net assets			511,775			138,706

Capital and reserves
Called up share capital			1			1
Profit and loss account			511,774			138,705

Shareholder's funds			511,775			138,706

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Chan
Director
Approved by the board on 8 December 2025

Coldham Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the provision of services in accordance with contractual agreements. Turnover is recognised when the service has been performed.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Other investments classified as financial assets at fair value through profit and loss are recognised initially at fair value. Transaction costs are expensed in profit or loss. Subsequent to initial recognition, all financial assets at FVTPL are measured at fair value. Realised and unrealised gains and losses arising from changes in the fair value are presented in profit and loss in the period in which they arise. Interest income from financial assets at FVTPL is recognised using the effective interest method.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	-		-


3	Other investments & loans

Other
investments
and loans
£
	Cost
	At 1 January 2024			1,457,878
	Additions			1,469,334
	Repayment of funding			(765,077)
	Revaluation			380,939
	Share of partnership loss			(3,883)

	At 31 December 2024			2,539,191


4	Debtors	2024		2023
£			£

	Other debtors	2,882		87,980
		2,882		87,980


5	Creditors: amounts falling due within one year	2024		2023
£			£

	Shareholder loans	2,035,455		1,321,384
	Other creditors	1,403		86,735
		2,036,858		1,408,119


6	Events after the reporting date

	Subsequent to the year end date, Morse Asset Management Ltd has purchased 7.5% of Coldham Ltd.


7	Controlling party

	The company is controlled by Alto Properties Limited, a company incorporated and registered in Gibraltar, by virtue of its majority shareholding.


8	Other information

	Coldham Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Carrington House
	126 - 130 Regent Street
	London
	W1B 5SE