COLOR-CHEM (EUROPE) LIMITED - Filleted accounts

Registered number

04384938

COLOR-CHEM (EUROPE) LIMITED

Filleted Accounts

31 March 2026

COLOR-CHEM (EUROPE) LIMITED
Registered number:		04384938
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,675			768

Current assets
Stocks		80,105			45,850
Debtors	4	540,303			548,066
Cash at bank and in hand		91,309			35,148
		711,717			629,064

Creditors: amounts falling due within one year	5	(118,311)			(60,183)

Net current assets			593,406			568,881

Total assets less current liabilities			595,081			569,649

Creditors: amounts falling due after more than one year	6		(54,039)			(50,000)



Net assets			541,042			519,649

Capital and reserves
Called up share capital			150			150
Profit and loss account			540,892			519,499

Shareholders' funds			541,042			519,649

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 members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Thomas Abraham
Director
Approved by the board on 1 June 2026

COLOR-CHEM (EUROPE) LIMITED
Notes to the Accounts
for the year ended 31 March 2026


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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% Reducing balance method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				3,817
	Additions				1,326
	At 31 March 2026				5,143

	Depreciation
	At 1 April 2025				3,049
	Charge for the year				419
	At 31 March 2026				3,468

	Net book value
	At 31 March 2026				1,675
	At 31 March 2025				768


4	Debtors		2026		2025
£				£

	Trade debtors		-		7,203
	Other debtors		540,303		540,863
			540,303		548,066


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		10,000		6,260
	Trade creditors		63,246		25,898
	Taxation and social security costs		4,385		2,262
	Other creditors		40,680		25,763
			118,311		60,183


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		54,039		50,000


7	Related party transactions
	TRV Properties Ltd
	Both companies have common directors and shareholders. Color-Chem (Europe) Limited had given a loan of £538,863 (2025- £538,863) to TRV Properties Ltd, included within other debtors.

8	Other information

	COLOR-CHEM (EUROPE) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	1 Chestnut Avenue
	Oadby
	Leicester
	Leicestershire
	LE2 5JH