Colours Prestwick Limited
Unaudited accounts
Contents
Colours Prestwick Limited
Company Information
for the year ended 31 October 2025
Company Number
SC349624 (Scotland)
Registered Office
30 MOORFIELD ROAD
PRESTWICK
AYRSHIRE
KA9 2HW
Accountants
W Wilson Millar Ltd
32 Moorfield Road
Prestwick
KA9 2HW
Colours Prestwick Limited
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
235
127
Creditors: amounts falling due within one year
1,281
(5,066)
Net current assets/(liabilities)
3,016
(3,439)
Total assets less current liabilities
3,858
(2,512)
Creditors: amounts falling due after more than one year
(11,491)
(11,491)
Net liabilities
(7,633)
(14,003)
Called up share capital
1
1
Profit and loss account
(7,634)
(14,004)
Shareholders' funds
(7,633)
(14,003)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2026 and were signed on its behalf by
Rhona Beattie
Director
Company Registration No. SC349624
Colours Prestwick Limited
Notes to the Accounts
for the year ended 31 October 2025
Colours Prestwick Limited is a private company, limited by shares, registered in Scotland, registration number SC349624. The registered office is 30 MOORFIELD ROAD, PRESTWICK, AYRSHIRE, KA9 2HW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Colours Prestwick Limited
Notes to the Accounts
for the year ended 31 October 2025
5
Tangible fixed assets
Fixtures & fittings
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,889
1,889
Loans from directors
(3,570)
2,777
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).