REGISTERED NUMBER: 01685283 (England and Wales)

Colourtone Limited

Unaudited Financial Statements

for the Year Ended 30 April 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

J M Coop

P A Pickstone

G E Pickstone

Secretary:

J M Coop

Registered office:

Colourtone House

Horton Street

Stockport

SK1 3LR

Registered number:

01685283 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

657,448

576,266

Current assets

Stocks

416,329

262,596

Debtors

5

401,454

287,084

Cash at bank

402,583

463,468

1,220,366

1,013,148

Creditors

Amounts falling due within one year

6

554,608

552,396

Net current assets

665,758

460,752

Total assets less current liabilities

1,323,206

1,037,018

Creditors

Amounts falling due after more than one year

7

(185,915

)

(166,570

)

Provisions for liabilities

(26,820

)

(2,077

)

Net assets

1,110,471

868,371

Capital and reserves

Called up share capital

10,000

10,000

Retained earnings

1,100,471

858,371

1,110,471

868,371

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

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

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 13 January 2026 and were signed on its behalf by:

P A Pickstone - Director

1.	Statutory information

Colourtone 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 value added tax.

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 etc

-

25% on reducing balance, 15% on reducing balance and at varying rates on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 31 (2024 - 31 ) .

4.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 May 2024

486,662

427,112

913,774

Additions

-

129,647

129,647

Disposals

-

(33,200

)

(33,200

)

At 30 April 2025

486,662

523,559

1,010,221

Depreciation

At 1 May 2024

-

337,508

337,508

Charge for year

-

42,321

42,321

Eliminated on disposal

-

(27,056

)

(27,056

)

At 30 April 2025

-

352,773

352,773

Net book value

At 30 April 2025

486,662

170,786

657,448

At 30 April 2024

486,662

89,604

576,266

5.

Debtors: amounts falling due within one year

30.4.25

30.4.24

£

£

Trade debtors

216,628

249,841

Other debtors

184,826

37,243

401,454

287,084

6.

Creditors: amounts falling due within one year

30.4.25

30.4.24

£

£

Bank loans and overdrafts

7,842

6,895

Trade creditors

322,809

316,340

Taxation and social security

206,702

184,417

Other creditors

17,255

44,744

554,608

552,396

7.

Creditors: amounts falling due after more than one year

30.4.25

30.4.24

£

£

Bank loans

185,915

166,570

8.	Secured debts

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank Loans

165,623

173,465

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

P A Pickstone

Balance outstanding at start of year

-

-

Amounts advanced

123,697

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

123,697

-

G E Pickstone

Balance outstanding at start of year

-

-

Amounts advanced

10,573

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,573

-

J M Coop

Balance outstanding at start of year

-

-

Amounts advanced

6,779

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,779

-

Interest has been charged on these loans at commercial rates. The loans are unsecured and repayable on demand.