IRIS Accounts Production v23.3.1.45 00805943 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh008059432022-06-30008059432023-06-30008059432022-07-012023-06-30008059432021-06-30008059432021-07-012022-06-30008059432022-06-3000805943ns10:Originalns15:EnglandWales2022-07-012023-06-3000805943ns14:PoundSterlingns10:Original2022-07-012023-06-3000805943ns10:Originalns10:Director12022-07-012023-06-3000805943ns10:Original2022-07-012023-06-3000805943ns10:Original2023-06-3000805943ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3000805943ns10:Originalns10:SmallEntities2022-07-012023-06-3000805943ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3000805943ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3000805943ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3000805943ns10:Originalns10:FullAccounts2022-07-012023-06-3000805943ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3000805943ns10:Originalns10:Director22022-07-012023-06-3000805943ns10:Originalns10:Director32022-07-012023-06-3000805943ns10:Originalns10:Director42022-07-012023-06-3000805943ns10:CompanySecretary1ns10:Original2022-07-012023-06-3000805943ns10:Originalns10:RegisteredOffice2022-07-012023-06-3000805943ns10:Original2022-06-3000805943ns10:Originalns5:CurrentFinancialInstruments2023-06-3000805943ns10:Originalns5:CurrentFinancialInstruments2022-06-3000805943ns10:Originalns5:Non-currentFinancialInstruments2023-06-3000805943ns10:Originalns5:Non-currentFinancialInstruments2022-06-3000805943ns5:ShareCapitalns10:Original2023-06-3000805943ns5:ShareCapitalns10:Original2022-06-3000805943ns10:Originalns5:SharePremium2023-06-3000805943ns10:Originalns5:SharePremium2022-06-3000805943ns10:Originalns5:CapitalRedemptionReserve2023-06-3000805943ns10:Originalns5:CapitalRedemptionReserve2022-06-3000805943ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3000805943ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3000805943ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-07-012023-06-3000805943ns10:Originalns5:PlantMachinery2022-07-012023-06-3000805943ns10:Originalns5:FurnitureFittings2022-07-012023-06-3000805943ns10:Originalns5:MotorVehicles2022-07-012023-06-3000805943ns10:Originalns5:ComputerEquipment2022-07-012023-06-3000805943ns10:Original2021-07-012022-06-3000805943ns10:Originalns5:LandBuildings2022-06-3000805943ns10:Originalns5:PlantMachinery2022-06-3000805943ns10:Originalns5:FurnitureFittings2022-06-3000805943ns10:Originalns5:LandBuildings2022-07-012023-06-3000805943ns10:Originalns5:LandBuildings2023-06-3000805943ns10:Originalns5:PlantMachinery2023-06-3000805943ns10:Originalns5:FurnitureFittings2023-06-3000805943ns10:Originalns5:LandBuildings2022-06-3000805943ns10:Originalns5:PlantMachinery2022-06-3000805943ns10:Originalns5:FurnitureFittings2022-06-3000805943ns10:Originalns5:MotorVehicles2022-06-3000805943ns10:Originalns5:ComputerEquipment2022-06-3000805943ns10:Original2022-06-3000805943ns10:Originalns5:MotorVehicles2023-06-3000805943ns10:Originalns5:ComputerEquipment2023-06-3000805943ns10:Originalns5:MotorVehicles2022-06-3000805943ns10:Originalns5:ComputerEquipment2022-06-3000805943ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3000805943ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3000805943ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-06-3000805943ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-06-3000805943ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3000805943ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-06-3000805943ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-06-3000805943ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-06-3000805943ns10:Originalns10:OrdinaryShareClass12023-06-3000805943ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3000805943ns10:Originalns5:SharePremium2022-06-3000805943ns10:Originalns5:CapitalRedemptionReserve2022-06-3000805943ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 00805943 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

G. E. Collis & Sons Limited

G. E. Collis & Sons Limited (Registered number: 00805943)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G. E. Collis & Sons Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: M S Cantrill
J Cantrill
Miss A Collis
J Collis





SECRETARY: J Cantrill





REGISTERED OFFICE: Queens Street Industrial Estate
Queens Drive
Burntwood
Staffordshire
WS7 4QF





REGISTERED NUMBER: 00805943 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

G. E. Collis & Sons Limited (Registered number: 00805943)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 259,579 271,344

CURRENT ASSETS
Stocks 375,600 399,725
Debtors 5 519,357 561,310
Cash at bank and in hand 21,718 10,813
916,675 971,848
CREDITORS
Amounts falling due within one year 6 834,451 857,883
NET CURRENT ASSETS 82,224 113,965
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,803

385,309

CREDITORS
Amounts falling due after more than one
year

7

(158,915

)

(202,034

)

PROVISIONS FOR LIABILITIES (8,495 ) (9,964 )
NET ASSETS 174,393 173,311

CAPITAL AND RESERVES
Called up share capital 8 3,000 3,000
Share premium 9 149,500 149,500
Capital redemption reserve 9 2,500 2,500
Retained earnings 9 19,393 18,311
SHAREHOLDERS' FUNDS 174,393 173,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

G. E. Collis & Sons Limited (Registered number: 00805943)

Balance Sheet - continued
30 June 2023


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 Board of Directors and authorised for issue on 16 February 2024 and were signed on its behalf by:





J Cantrill - Director


G. E. Collis & Sons Limited (Registered number: 00805943)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

G. E. Collis & Sons 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.

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.
Freehold property - 1% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance and 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

G. E. Collis & Sons Limited (Registered number: 00805943)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2022 - 35 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2022 310,893 133,434 107,608
Additions - 744 -
Disposals - - -
At 30 June 2023 310,893 134,178 107,608
DEPRECIATION
At 1 July 2022 94,249 108,365 104,760
Charge for year 3,109 2,582 570
Eliminated on disposal - - -
At 30 June 2023 97,358 110,947 105,330
NET BOOK VALUE
At 30 June 2023 213,535 23,231 2,278
At 30 June 2022 216,644 25,069 2,848

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 125,050 49,847 726,832
Additions - 490 1,234
Disposals (11,995 ) - (11,995 )
At 30 June 2023 113,055 50,337 716,071
DEPRECIATION
At 1 July 2022 108,425 39,689 455,488
Charge for year 3,987 2,075 12,323
Eliminated on disposal (11,319 ) - (11,319 )
At 30 June 2023 101,093 41,764 456,492
NET BOOK VALUE
At 30 June 2023 11,962 8,573 259,579
At 30 June 2022 16,625 10,158 271,344

G. E. Collis & Sons Limited (Registered number: 00805943)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 45,606 83,577
Amounts owed by group undertakings 452,077 451,289
Other debtors 501 1
Prepayments and accrued income 21,173 26,443
519,357 561,310

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 35,543 73,846
Other loans 57,447 101,438
Trade creditors 307,521 392,018
Tax 46,618 6,478
Social security and other taxes 21,516 7,162
VAT 45,126 47,033
Other creditors 56,556 55,894
Directors' current accounts 225,618 162,077
Accrued expenses 38,506 11,937
834,451 857,883

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans - 1-2 years 35,543 35,543
Bank loans - 2-5 years 95,032 106,629
Bank loans more 5 yr by instal - 21,522
Other loans - 1-2 years 10,000 10,000
Other loans - 2-5 years 18,340 28,340
158,915 202,034

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 21,522

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
3,000 Ordinary 1 3,000 3,000

G. E. Collis & Sons Limited (Registered number: 00805943)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1 July 2022 18,311 149,500 2,500 170,311
Profit for the year 142,182 142,182
Dividends (141,100 ) (141,100 )
At 30 June 2023 19,393 149,500 2,500 171,393

10. RELATED PARTY DISCLOSURES

The company is wholly owned by Collis & Cantrill Holdings Limited and both companies are registered in England and Wales.

The company paid dividends to Collis & Cantrill Holdings Limited in the year totalling £141,000 (£180,000 : 2022).