REGISTERED NUMBER: 00327956 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

COLT ESTATES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Spiers

Miss S Stanbrook

SECRETARIES:

Mrs C Spiers

Spain Brothers & Co Limited

REGISTERED OFFICE:

Westgate House

87 St Dunstan's Street

Canterbury

Kent

CT2 8AE

REGISTERED NUMBER:

00327956 (England and Wales)

ACCOUNTANTS:

Spain Brothers & Co

Chartered Accountants

Westgate House

87 St Dunstans Street

Canterbury

Kent

CT2 8AE

FIXED ASSETS

Tangible assets

4

1,565

2,035

Investment property

5

1,750,000

2,365,000

1,751,565

2,367,035

CURRENT ASSETS

Debtors

9,434

4,910

Cash at bank

126,092

125,728

135,526

130,638

CREDITORS

Amounts falling due within one year

7,116

6,846

NET CURRENT ASSETS

128,410

123,792

TOTAL ASSETS LESS CURRENT LIABILITIES

1,879,975

2,490,827

PROVISIONS FOR LIABILITIES

267,030

420,780

NET ASSETS

1,612,945

2,070,047

CAPITAL AND RESERVES

Called up share capital

6

12,401

12,401

Share premium

7

1,540

1,540

Revaluation reserve

7

1,102,031

1,664,449

Retained earnings

7

496,973

391,657

SHAREHOLDERS' FUNDS

1,612,945

2,070,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th December 2025 and were signed on its behalf by:

Mrs C Spiers - Director

1.	STATUTORY INFORMATION

Colt Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the Company is property investment.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable and net invoiced sales of services, excluding VAT.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on tangible fixed assets at annual rates calculated to write off the cost of each asset evenly over its expected useful life as follows:-

Plant and Equipment 10% reducing balance method

Property Improvements 10% straight line method

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in the profit or loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

and 31st March 2025

8,275

DEPRECIATION

At 1st April 2024

6,240

Charge for year

470

At 31st March 2025

6,710

NET BOOK VALUE

At 31st March 2025

1,565

At 31st March 2024

2,035

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

2,365,000

Revaluations

(615,000

)

At 31st March 2025

1,750,000

NET BOOK VALUE

At 31st March 2025

1,750,000

At 31st March 2024

2,365,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2016

1,984,061

Valuation in 2025

(615,000

)

Cost

380,939

1,750,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

380,939

380,939

Aggregate depreciation

(107,168

)

(107,168

)

Residential investment property was professionally valued on an open market basis in February 2025.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

12,401

Ordinary

1

12,401

12,401

7.

RESERVES

Retained

Share

Revaluation

earnings

premium

reserve

Totals

£

£

£

£

At 1st April 2024

391,657

1,540

1,664,449

2,057,646

Deficit for the year

(457,102

)

(457,102

)

Transfer between reserves

562,418

-

(562,418

)

-

At 31st March 2025

496,973

1,540

1,102,031

1,600,544