REGISTERED NUMBER: 02426897 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Classic Colours Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

G F Grey

D J Grey

S Grey

SECRETARY:

G F Grey

REGISTERED OFFICE:

Unit 2, Nimrod Industrial Estate

Elgar Road South

Reading

Berkshire

RG2 0EB

REGISTERED NUMBER:

02426897 (England and Wales)

ACCOUNTANTS:

Millward, May & Co

The Overhangs

55a Peach Street

Wokingham

Berkshire

RG40 1XP

FIXED ASSETS

Tangible assets

4

11,053

14,230

CURRENT ASSETS

Stocks

271,510

244,735

Debtors

5

218,942

234,097

Cash at bank

63,086

104,782

553,538

583,614

CREDITORS

Amounts falling due within one year

6

98,189

105,792

NET CURRENT ASSETS

455,349

477,822

TOTAL ASSETS LESS CURRENT LIABILITIES

466,402

492,052

PROVISIONS FOR LIABILITIES

-

2,704

NET ASSETS

466,402

489,348

CAPITAL AND RESERVES

Called up share capital

8

586

586

Share premium

314

314

Retained earnings

465,502

488,448

SHAREHOLDERS' FUNDS

466,402

489,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

S Grey - Director

1.	STATUTORY INFORMATION

Classic Colours Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 5 year straight line

Computer equipment - 3 year straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

138,789

6,917

145,706

Additions

3,656

583

4,239

Disposals

(29,897

)

-

(29,897

)

At 31 March 2026

112,548

7,500

120,048

DEPRECIATION

At 1 April 2025

125,154

6,322

131,476

Charge for year

7,029

387

7,416

Eliminated on disposal

(29,897

)

-

(29,897

)

At 31 March 2026

102,286

6,709

108,995

NET BOOK VALUE

At 31 March 2026

10,262

791

11,053

At 31 March 2025

13,635

595

14,230

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

172,266

172,251

Amounts owed by group undertakings

-

63

Other debtors

46,676

61,783

218,942

234,097

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

50,488

76,954

Amounts owed to group undertakings

18,773

-

Taxation and social security

11,493

13,280

Other creditors

17,435

15,558

98,189

105,792

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

62,085

62,611

Between one and five years

206,240

206,240

In more than five years

34,373

85,933

302,698

354,784

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

486

Ordinary A

1

486

486

100

Ordinary C

1

100

100

586

586

9.	RELATED PARTY DISCLOSURES