Company Registration No. 12424653 (England and Wales)
COLOR WORLD CONSTRUCTION LTD
Unaudited accounts
for the year ended 31 January 2023
COLOR WORLD CONSTRUCTION LTD
Unaudited accounts
Contents
COLOR WORLD CONSTRUCTION LTD
Company Information
for the year ended 31 January 2023
Company Number
12424653 (England and Wales)
Registered Office
71 AXHOLME AVENUE
EDGWARE
HA8 5BD
ENGLAND
Accountants
P & K Associates
CIMA Practising Certificate Holder
183 Burnt Oak Broadway
Edgware
UK
HA8 5EH
COLOR WORLD CONSTRUCTION LTD
Accountants' report
Accountants' report to the director of COLOR WORLD CONSTRUCTION LTD on the preparation of the unaudited statutory accounts for the year ended 31 January 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
COLOR WORLD CONSTRUCTION LTD for the year ended
31 January 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of COLOR WORLD CONSTRUCTION LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of COLOR WORLD CONSTRUCTION LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COLOR WORLD CONSTRUCTION LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that COLOR WORLD CONSTRUCTION LTD 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 of COLOR WORLD CONSTRUCTION LTD. You consider that COLOR WORLD CONSTRUCTION LTD 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 COLOR WORLD CONSTRUCTION LTD. 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 statutory accounts.
P & K Associates
CIMA Practising Certificate Holder
183 Burnt Oak Broadway
Edgware
UK
HA8 5EH
7 June 2023
COLOR WORLD CONSTRUCTION LTD
Statement of financial position
as at 31 January 2023
Tangible assets
16,051
21,257
Cash at bank and in hand
8,658
146,162
Creditors: amounts falling due within one year
(70,014)
(91,509)
Net current assets
94,644
88,588
Net assets
110,695
109,845
Called up share capital
100
100
Profit and loss account
110,595
109,745
Shareholders' funds
110,695
109,845
For the year ending 31 January 2023 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 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 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 7 June 2023 and were signed on its behalf by
Jaroslav LOVASZ
Director
Company Registration No. 12424653
COLOR WORLD CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 January 2023
COLOR WORLD CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12424653. The registered office is 71 AXHOLME AVENUE, EDGWARE, HA8 5BD, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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.
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
COLOR WORLD CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
30,776
91,509
Loans from directors
39,238
-
7
Average number of employees
During the year the average number of employees was 4 (2022: 1).