Company Registration No. 5510222 (England and Wales)
John Collins Ltd
Unaudited accounts
for the year ended 31 July 2023
John Collins Ltd
Unaudited accounts
Contents
John Collins Ltd
Company Information
for the year ended 31 July 2023
Secretary
Jacqueline Collins
Company Number
5510222 (England and Wales)
Registered Office
6 GREENHILL WAY
FARNHAM
SURREY
GU9 8SY
Accountants
David Meyer FCCA
2 Downage
London
NW4 1AA
John Collins Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
18,420
23,467
Cash at bank and in hand
-
21,082
Creditors: amounts falling due within one year
(93,916)
(99,786)
Net current liabilities
(91,448)
(78,704)
Net liabilities
(73,028)
(55,237)
Called up share capital
100
100
Profit and loss account
(73,128)
(55,337)
Shareholders' funds
(73,028)
(55,237)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 15 April 2024 and were signed on its behalf by
John Collins
Director
Company Registration No. 5510222
John Collins Ltd
Notes to the Accounts
for the year ended 31 July 2023
John Collins Ltd is a private company, limited by shares, registered in England and Wales, registration number 5510222. The registered office is 6 GREENHILL WAY, FARNHAM, SURREY, GU9 8SY.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
111,330
20,500
131,830
At 31 July 2023
111,330
20,500
131,830
At 1 August 2022
104,263
4,100
108,363
Charge for the year
1,767
3,280
5,047
At 31 July 2023
106,030
7,380
113,410
At 31 July 2023
5,300
13,120
18,420
At 31 July 2022
7,067
16,400
23,467
John Collins Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
93,316
99,186
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).