Colourhouse Universal Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 10212923 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 3 JUNE 2016 TO 30 SEPTEMBER 2017

FOR

COLOURHOUSE UNIVERSAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Cunliffe

B M Davies

G T Davies

B Rogerson

G J Tarpey

V Whittaker

REGISTERED OFFICE:

Unit C1 9-11 Swan Lane

Hindley Green

Wigan

Greater Manchester

WN2 4HD

REGISTERED NUMBER:

10212923 (England and Wales)

ACCOUNTANTS:

Fairhurst

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Tangible assets

4

2,846

CURRENT ASSETS

Debtors

5

3,541

Cash at bank and in hand

1,004

4,545

CREDITORS

Amounts falling due within one year

6

6,233

NET CURRENT LIABILITIES

(1,688

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,158

PROVISIONS FOR LIABILITIES

206

NET ASSETS

952

CAPITAL AND RESERVES

Called up share capital

12

Retained earnings

940

SHAREHOLDERS' FUNDS

952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20 March 2018 and were signed on its behalf by:

B M Davies - Director

G J Tarpey - Director

G T Davies - Director

B Rogerson - Director

V Whittaker - Director

J Cunliffe - Director

1.	STATUTORY INFORMATION

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

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents the net invoice value of goods sold, excluding value added tax.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods

has transferred to the customer, which is usually at the point when the customer receives the goods.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation

Financial instruments

Debt instruments that are payable or receivable within one year, typically trade debtors, bank accounts and trade

creditors, are measured initially and subsequently at the undiscounted amount of the cash that is expected to be

paid or received.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,882

At 30 September 2017

2,882

DEPRECIATION

Charge for period

36

At 30 September 2017

36

NET BOOK VALUE

At 30 September 2017

2,846

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

3,541

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

3,530

Amounts owed to group undertakings

500

Taxation and social security

3

Other creditors

2,200

6,233

7.	RELATED PARTY DISCLOSURES