Acorah Software Products - Accounts Production 19.2.350 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 12242858 Mr Paul Ferguson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12242858 2024-10-31 12242858 2025-10-31 12242858 2024-11-01 2025-10-31 12242858 frs-core:CurrentFinancialInstruments 2025-10-31 12242858 frs-core:ShareCapital 2025-10-31 12242858 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 12242858 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 12242858 frs-bus:SmallEntities 2024-11-01 2025-10-31 12242858 frs-bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 12242858 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 12242858 frs-bus:Director1 2024-11-01 2025-10-31 12242858 frs-countries:NorthernIreland 2024-11-01 2025-10-31 12242858 2023-10-31 12242858 2024-10-31 12242858 2023-11-01 2024-10-31 12242858 frs-core:CurrentFinancialInstruments 2024-10-31 12242858 frs-core:ShareCapital 2024-10-31
Registered number: 12242858
Colours Property Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Swann Accounting Limited
First Floor Offices Rock-A-Nore Road
Hastings
TN34 3DW
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Colours Property Limited for the year ended 31 October 2025
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Colours Property Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Colours Property Limited , as a body, in accordance with the terms of our engagement letter dated 24 May 2023. Our work has been undertaken solely to prepare for your approval the accounts of Colours Property Limited and state those matters that we have agreed to state to the director of Colours Property Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Colours Property Limited and its director as a body for our work or for this report.
It is your duty to ensure that Colours Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Colours Property Limited . You consider that Colours Property Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Colours Property Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
22/07/2026
Swann Accounting Limited
ACCA
First Floor Offices Rock-A-Nore Road
Hastings
TN34 3DW
Page 1
Page 2
Balance Sheet
Registered number: 12242858
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 462,018 462,018
462,018 462,018
Creditors: Amounts Falling Due Within One Year 5 (461,918 ) (461,918 )
NET CURRENT ASSETS (LIABILITIES) (461,918 ) (461,918 )
TOTAL ASSETS LESS CURRENT LIABILITIES 100 100
NET ASSETS 100 100
CAPITAL AND RESERVES
Called up share capital 6 100 100
SHAREHOLDERS' FUNDS 100 100
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Paul Ferguson
Director
22/07/2026
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Colours Property Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number 12242858 . The registered office is Office 7 15-20 Gresley Road, St Leonards On Sea, East Sussex, TN38 9PL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 462,018
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Director's loan account 461,918 461,918
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
A directors' current account exists and at the year end, the director Mr P Ferguson was owed £461,918 (2024: £461,918). There is no interest charged on this amount and it is repayable upon demand. 
Page 3