Colcom Team Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08170749

COLCOM TEAM LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 August 2025

COLCOM TEAM LTD

FINANCIAL STATEMENTS

YEAR ENDED 30th AUGUST 2025

CONTENTS	PAGES

Statement of financial position	1 to 2

Notes to the financial statements	3 to 5

COLCOM TEAM LTD

STATEMENT OF FINANCIAL POSITION

30 August 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Investments	5		1,000		1,000

CURRENT ASSETS

Debtors	6	1,684	–
Cash at bank and in hand		869	970
		-------	----
		2,553	970

CREDITORS: amounts falling due within one year	7	3,426		1,812
		-------		-------
NET CURRENT LIABILITIES			873		842
			-------		-------
TOTAL ASSETS LESS CURRENT LIABILITIES			127		158
			----		----
NET ASSETS			127		158
			----		----

CAPITAL AND RESERVES

Called up share capital	8	100	100
Profit and loss account		27	58
		----	----
SHAREHOLDERS FUNDS		127	158
		----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30th August 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

COLCOM TEAM LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 August 2025

These financial statements were approved by the board of directors and authorised for issue on 18 August 2026 , and are signed on behalf of the board by:

A. Maitland
Director

Company registration number: 08170749

COLCOM TEAM LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30th AUGUST 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 125 Wenlock Road, Simonside, South Shields, Tyne & Wear, NE34 9AL.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on the going concern basis. The director considers that this basis is appropriate following due consideration of the present financial position, the expected prospects of the company during the twelve months from the date of approval of these financial statements and the continued support of the company's director, bankers and other lending agents during this time.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. INVESTMENTS

	Other Investments
	£
Cost
At 31st August 2024 and 30th August 2025	1,000
	-------
Impairment
At 31st August 2024 and 30th August 2025	–
	-------

Carrying amount
At 30th August 2025	1,000
	-------
At 30th August 2024	1,000
	-------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	1,400	–
Other debtors	284	–
	-------	----
	1,684	–
	-------	----

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Accruals	2,048	1,054
Corporation tax	167	39
Director loan accounts	1,211	719
	-------	-------
	3,426	1,812
	-------	-------

8. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

9. RELATED PARTY TRANSACTIONS

No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A small entities.