2 August 2022 false No description of principal activity Taxfiler 2024.1 14269571business:PrivateLimitedCompanyLtd2022-08-022023-08-31 142695712022-08-01 142695712022-08-022023-08-31 14269571business:AuditExemptWithAccountantsReport2022-08-022023-08-31 14269571business:FilletedAccounts2022-08-022023-08-31 142695712023-08-31 14269571business:Director12022-08-022023-08-31 14269571business:Director22022-08-022023-08-31 14269571business:RegisteredOffice2022-08-022023-08-31 14269571core:WithinOneYear2023-08-31 14269571core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 14269571core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 14269571core:PreviouslyStatedAmount2023-08-31 14269571business:SmallEntities2022-08-022023-08-31 14269571countries:EnglandWales2022-08-022023-08-31 14269571core:PlantMachinery2022-08-022023-08-31 14269571core:FurnitureFittings2022-08-022023-08-31 14269571core:ComputerEquipment2022-08-022023-08-31 14269571core:Goodwill2022-08-01 14269571core:Goodwill2022-08-022023-08-31 14269571core:Goodwill2023-08-31 14269571core:MotorVehicles2022-08-01 14269571core:FurnitureFittings2022-08-01 14269571core:ComputerEquipment2022-08-01 14269571core:MotorVehicles2022-08-022023-08-31 14269571core:MotorVehicles2023-08-31 14269571core:FurnitureFittings2023-08-31 14269571core:ComputerEquipment2023-08-31 14269571business:Director112022-08-022023-08-31 14269571business:Director112022-08-01 14269571business:Director112023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14269571 (England and Wales)
COLLECTORSTASH LTD Unaudited accounts for the period from 2 August 2022 to 31 August 2023
COLLECTORSTASH LTD Unaudited accounts Contents
Page
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COLLECTORSTASH LTD Company Information for the period from 2 August 2022 to 31 August 2023
Directors
Daytun Unitt Katie Unitt
Company Number
14269571 (England and Wales)
Registered Office
HAFRYN OLD ROAD BWLCHGWYN WREXHAM LL11 5UH WALES
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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COLLECTORSTASH LTD Accountants' report
Accountants' report to the board of directors of COLLECTORSTASH LTD on the preparation of the unaudited statutory accounts for the period from 2 August 2022 to 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of COLLECTORSTASH LTD for the period from 2 August 2022 to 31 August 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 COLLECTORSTASH 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 COLLECTORSTASH 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 COLLECTORSTASH LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that COLLECTORSTASH 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 COLLECTORSTASH LTD. You consider that COLLECTORSTASH LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of COLLECTORSTASH 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.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 28 March 2024
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COLLECTORSTASH LTD Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
5,400 
Tangible assets
14,419 
19,819 
Current assets
Inventories
8,213 
Cash at bank and in hand
10,614 
18,827 
Creditors: amounts falling due within one year
(18,191)
Net current assets
636 
Net assets
20,455 
Capital and reserves
Called up share capital
2 
Profit and loss account
20,453 
Shareholders' funds
20,455 
For the period ending 31 August 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 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 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 of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by
Daytun Unitt Director Company Registration No. 14269571
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COLLECTORSTASH LTD Notes to the Accounts for the period from 2 August 2022 to 31 August 2023
1
Statutory information
COLLECTORSTASH LTD is a private company, limited by shares, registered in England and Wales, registration number 14269571. The registered office is HAFRYN OLD ROAD, BWLCHGWYN, WREXHAM, LL11 5UH, WALES.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 2 August 2022
- 
Additions
6,000 
At 31 August 2023
6,000 
Amortisation
At 2 August 2022
- 
Charge for the period
600 
At 31 August 2023
600 
Net book value
At 31 August 2023
5,400 
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COLLECTORSTASH LTD Notes to the Accounts for the period from 2 August 2022 to 31 August 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 2 August 2022
- 
- 
- 
- 
Additions
18,000 
180 
1,046 
19,226 
At 31 August 2023
18,000 
180 
1,046 
19,226 
Depreciation
Charge for the period
4,500 
45 
262 
4,807 
At 31 August 2023
4,500 
45 
262 
4,807 
Net book value
At 31 August 2023
13,500 
135 
784 
14,419 
6
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
1,550 
Loans from directors
15,889 
Accruals
752 
18,191 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Daytun Unitt
Directors Current Account
- 
(15,977)
(88)
(15,889)
- 
(15,977)
(88)
(15,889)
8
Average number of employees
During the period the average number of employees was 2.
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