Colmore Capital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10505415 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 DECEMBER 2016 TO 31 DECEMBER 2017

FOR

COLMORE CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A C Fitzpatrick

D R Corridan

REGISTERED OFFICE:

3b Tournament Court

Edgehill Drive

Tournament Fields

Warwick

CV34 6LG

REGISTERED NUMBER:

10505415 (England and Wales)

ACCOUNTANTS:

Williams, Ashton & Anderson Limited

359 Yardley Road

Yardley

Birmingham

West Midlands

B25 8NB

CURRENT ASSETS

Debtors

4

20,544

Prepayments and accrued income

2,667

Cash at bank

34,393

57,604

CREDITORS

Amounts falling due within one year

5

67,841

NET CURRENT LIABILITIES

(10,237

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,237

)

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

7

(10,337

)

SHAREHOLDERS' FUNDS

(10,237

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 3 April 2018 and were signed on its behalf by:

M A C Fitzpatrick - Director

1.	STATUTORY INFORMATION

Colmore Capital 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 balance sheet date.

Going concern

While the company has negative assets, the directors are confident in its ability to operate for the

twelve month period from the signing of this report. The liabilities of the company are primarily related

to the loan from Sandpiper Estates Limited and further support will be provided to discharge this

liability. It is therefore correct that the financial statements are prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

20,544

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

VAT

108

Other creditors

66,145

Accrued expenses

1,588

67,841

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

7.

RESERVES

Retained

earnings

£

Deficit for the period

(10,337

)

At 31 December 2017

(10,337

)

8.	RELATED PARTY DISCLOSURES

During the year the company made sales of £7,697 to Colcap (Aston) LLP and £20,544 to Colcap

(Quartz) LLP. The directors are also directors of Colmore Capital Ventures Limited which is a

designated member of Colcap (Aston) LLP and Colcap (Quartz) LLP.

The company has received a loan of £66,145 from Sandpiper Estates Limited, a company in which the

director M.A.C. Fitzpatrick is also a director. The loan is interest free and repayable on demand.