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REGISTERED NUMBER: 04096948 (England and Wales)















COLLINS GROUP INTERNATIONAL LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023






COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 6


COLLINS GROUP INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: M. A. Collins



SECRETARY: M. A. Collins



REGISTERED OFFICE: 3 Vigo Place
(off Brickyard Road)
Aldridge
Walsall
West Midlands
WS9 8UG



REGISTERED NUMBER: 04096948 (England and Wales)



SENIOR STATUTORY AUDITOR: Mr M J Rudd FCA CTA



AUDITORS: Four Oaks Taxation & Accounting Services Limited
(Statutory Auditor)
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 224,301 270,430
Investments 5 66,006 54,946
Investment property 6 4,453,624 4,453,624
4,743,931 4,779,000

CURRENT ASSETS
Stocks 4,000 -
Debtors 7 35,567 62,057
Cash at bank 1,388,126 1,136,779
1,427,693 1,198,836
CREDITORS
Amounts falling due within one year 8 215,155 162,791
NET CURRENT ASSETS 1,212,538 1,036,045
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,956,469

5,815,045

PROVISIONS FOR LIABILITIES 54,855 22,313
NET ASSETS 5,901,614 5,792,732

CAPITAL AND RESERVES
Called up share capital 205,410 205,410
Revaluation reserve 9 2,962,628 2,962,628
Capital redemption reserve 205,000 205,000
Retained earnings 2,528,576 2,419,694
SHAREHOLDERS' FUNDS 5,901,614 5,792,732

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 director and authorised for issue on 27 November 2023 and were signed by:





M. A. Collins - Director


COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Collins Group International 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 as modified by the revaluation of certain assets.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2022 602,259 9,796 19,366 631,421
Additions 8,384 - - 8,384
At 30 April 2023 610,643 9,796 19,366 639,805
DEPRECIATION
At 1 May 2022 337,101 9,421 14,469 360,991
Charge for year 53,387 75 1,051 54,513
At 30 April 2023 390,488 9,496 15,520 415,504
NET BOOK VALUE
At 30 April 2023 220,155 300 3,846 224,301
At 30 April 2022 265,158 375 4,897 270,430

Cost or valuation at 30 April 2023 is represented by:

Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Valuation in 2022 147,044 - - 147,044
Cost 463,599 9,796 19,366 492,761
610,643 9,796 19,366 639,805

If plant and machinery had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 463,599 455,215
Aggregate depreciation 361,079 337,101

Plant and machinery was valued on an open market basis on 21 June 2021 by MGR Appraisals .

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 May 2022 10,002 44,944 54,946
Revaluations - 11,060 11,060
At 30 April 2023 10,002 56,004 66,006
NET BOOK VALUE
At 30 April 2023 10,002 56,004 66,006
At 30 April 2022 10,002 44,944 54,946

Cost or valuation at 30 April 2023 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2022 - 18,351 18,351
Valuation in 2023 - 11,060 11,060
Cost 10,002 26,593 36,595
10,002 56,004 66,006

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 30 April 2023 4,453,624
NET BOOK VALUE
At 30 April 2023 4,453,624
At 30 April 2022 4,453,624

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2022 2,400,997
Cost 2,052,627
4,453,624

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 2,052,627 2,052,627

Investment property was valued on an open market basis on 10 September 2022 by Marwood Surveyors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,108 914
Amounts owed by group undertakings 8,157 40,234
Other debtors 25,302 20,909
35,567 62,057

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 32,839 6,812
Trade creditors 73,244 50,263
Taxation and social security 68,231 72,923
Other creditors 40,841 32,793
215,155 162,791

9. RESERVES
Revaluation
reserve
£   
At 1 May 2022
and 30 April 2023 2,962,628

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr M J Rudd FCA CTA (Senior Statutory Auditor)
for and on behalf of Four Oaks Taxation & Accounting Services Limited

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.