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Registered number: 15380086
Coledown Properties Limited
Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15380086
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 180,500 180,000
180,500 180,000
CURRENT ASSETS
Cash at bank and in hand 55,515 15,241
55,515 15,241
Creditors: Amounts Falling Due Within One Year 5 (1,406 ) (1,340 )
NET CURRENT ASSETS (LIABILITIES) 54,109 13,901
TOTAL ASSETS LESS CURRENT LIABILITIES 234,609 193,901
Creditors: Amounts Falling Due After More Than One Year 6 (251,314 ) (213,345 )
NET LIABILITIES (16,705 ) (19,444 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 (10,627 ) (10,627 )
Profit and Loss Account (6,080 ) (8,819 )
SHAREHOLDERS' FUNDS (16,705) (19,444)
Page 1
Page 2
For the year ending 31 January 2026 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 directors acknowledge their 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 T M Howard
Director
21 October 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Coledown Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15380086 . The registered office is First Floor, Sterling House, Outrams Wharf, Little Eaton, Derby, DE21 5EL.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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: 2 (2025: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 February 2025 180,000
Additions 500
As at 31 January 2026 180,500
Net Book Value
As at 31 January 2026 180,500
As at 1 February 2025 180,000
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 1,406 1,340
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 101,941 103,347
Other creditors 149,373 109,998
251,314 213,345
7. Secured Creditors
Of the creditors the following amounts are secured.
The bank loan is a mortgage secured against 8 Victoria Street the terms are interest only with a fixed rate of 4.84% until July 2027 with the mortgage term of 30 years remaining.
2026 2025
£ £
Bank loans and overdrafts 103,347 104,598
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 February 2025 (10,627 ) (8,819 )
Profit for the year and total comprehensive income - 2,739
As at 31 January 2026 (10,627 ) (6,080 )
Page 4