Registration number: 03112388

COLTER PRODUCTS LIMITED

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

COLTER PRODUCTS LIMITED

Company Information

Director

Mr Matthew Fox

Registered office

Unit 7 Zone C Chelmsford Road Industrial Estate Great Dunmow Essex CM6 1HD

Accountants

ESSEX & EAST LONDON ACCOUNTANTS LIMITED Suite G04 1 Quality Court Chancery Lane London WC2A 1HR

COLTER PRODUCTS LIMITED

(Registration number: 03112388)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,562	1,887
Current assets
Stocks	5	136,172	119,113
Debtors	6	47,866	65,863
Cash at bank and in hand		622	294
		184,660	185,270
Creditors: Amounts falling due within one year	7	(178,979)	(149,029)
Net current assets		5,681	36,241
Total assets less current liabilities		7,243	38,128
Creditors: Amounts falling due after more than one year	7	(21,317)	(22,818)
Net (liabilities)/assets		(14,074)	15,310
Capital and reserves
Called up share capital	8	52,100	52,100
Retained earnings		(66,174)	(36,790)
Shareholders' (deficit)/funds		(14,074)	15,310

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 June 2026
 

COLTER PRODUCTS LIMITED

(Registration number: 03112388)
Balance Sheet as at 30 September 2025

......................................... Mr Matthew Fox Director

COLTER PRODUCTS LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 7 Zone C
Chelmsford Road Industrial Estate
Great Dunmow
Essex
CM6 1HD

These financial statements were authorised for issue by the director on 9 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

COLTER PRODUCTS LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% on net book value
Computer equipment	33% on cost
Office equipment	25% on net book value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

COLTER PRODUCTS LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2024 - 6).

COLTER PRODUCTS LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 October 2024	8,354	40,320	48,674
At 30 September 2025	8,354	40,320	48,674
Depreciation
At 1 October 2024	8,092	38,695	46,787
Charge for the year	81	244	325
At 30 September 2025	8,173	38,939	47,112
Carrying amount
At 30 September 2025	181	1,381	1,562
At 30 September 2024	262	1,625	1,887

5

Stocks

	2025 £	2024 £
Work in progress	68,500	68,500
Other inventories	67,672	50,613
	136,172	119,113

6

Debtors

Current	2025 £	2024 £
Trade debtors	47,866	65,863
	47,866	65,863

7

Creditors

Creditors: amounts falling due within one year

COLTER PRODUCTS LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	19,463	25,754
Trade creditors		41,983	51,024
Taxation and social security		9,056	10,804
Accruals and deferred income		-	10,745
Other creditors		108,477	50,702
		178,979	149,029

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	21,317	22,818

8	Share capital

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	21,317	22,818

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	5,795	10,089
Bank overdrafts	13,668	15,665
	19,463	25,754