REGISTERED NUMBER: 11250584 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Our Colchester Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S S Dulai

T Field

A T Motts

Ms M Reynolds

D Robertson

N Peck

D K Mitchell

C Newnes

M W Turner

REGISTERED OFFICE:

Unit 4

Portal Precinct

Sir Isaac Walk

Colchester

Essex

CO1 1JJ

REGISTERED NUMBER:

11250584 (England and Wales)

ACCOUNTANTS:

Knights Lowe Ltd

Chartered Accountants

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

FIXED ASSETS

Tangible assets

4

230

1,442

CURRENT ASSETS

Debtors

5

68,881

37,582

Cash at bank and in hand

63,847

58,538

132,728

96,120

CREDITORS

Amounts falling due within one year

6

168,232

129,332

NET CURRENT LIABILITIES

(35,504

)

(33,212

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,274

)

(31,770

)

RESERVES

Income and expenditure account

8

(35,274

)

(31,770

)

(35,274

)

(31,770

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 surplus or deficit 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 May 2026 and were signed on its behalf by:

Ms M Reynolds - Director

1.	STATUTORY INFORMATION

Our Colchester Limited is a private company, limited by guarantee , 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 (£).

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 represents annual levy payments received from businesses in the Colchester Business Improvement District, voluntary contributions and other income generated in the course of promoting Colchester City Centre.

Levy payments are recognised on a straight line basis over the year to which they relate with any necessary adjustments being made through deferred income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

33% on cost and 20% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans with related parties and bank facilities.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Operating leases

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the period of the lease.

Going concern

The Company's Statement of Financial Position as of 30 September 2025 continues to show a net liability position, with total liabilities exceeding total assets. However, the deficit for the year has decreased compared to the prior year, indicating an improvement in financial performance.

The Company has enhanced its financial management processes, including the implementation of stricter budgetary controls, improved cash flow monitoring and agreed payment plans with creditors. The positive impact of these measures is now becoming evident, and the directors expect the Company to return to a net asset position in due course.

Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 October 2024

11,010

Disposals

(1,588

)

At 30 September 2025

9,422

DEPRECIATION

At 1 October 2024

9,568

Charge for year

1,212

Eliminated on disposal

(1,588

)

At 30 September 2025

9,192

NET BOOK VALUE

At 30 September 2025

230

At 30 September 2024

1,442

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

35,109

4,244

Other debtors

33,772

33,338

68,881

37,582

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

60,457

101,311

Taxation and social security

51

31

Other creditors

107,724

27,990

168,232

129,332

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

12,000

12,000

Between one and five years

24,000

36,000

36,000

48,000

8.

RESERVES

Income

and

expenditure

account

£

At 1 October 2024

(31,770

)

Deficit for the year

(3,504

)

At 30 September 2025

(35,274

)

9.	LIMITED BY GUARANTEE

The company is limited by guarantee. Each member of the company under clause 3 of the Articles of Association has agreed to contribute up to £1 in the event of a winding up.