2023-01-012023-12-312023-12-31false06590757COLLABORATE AGENCY LTD2024-09-0590030iso4217:GBPxbrli:pure065907572023-01-01065907572023-12-31065907572023-01-012023-12-31065907572022-01-01065907572022-12-31065907572022-01-012022-12-3106590757bus:SmallEntities2023-01-012023-12-3106590757bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3106590757bus:AbridgedAccounts2023-01-012023-12-3106590757bus:PrivateLimitedCompanyLtd2023-01-012023-12-3106590757core:WithinOneYear2023-12-3106590757core:AfterOneYear2023-12-3106590757core:WithinOneYear2022-12-3106590757core:AfterOneYear2022-12-3106590757core:ShareCapital2023-12-3106590757core:SharePremium2023-12-3106590757core:RevaluationReserve2023-12-3106590757core:OtherReservesSubtotal2023-12-3106590757core:RetainedEarningsAccumulatedLosses2023-12-3106590757core:ShareCapital2022-12-3106590757core:SharePremium2022-12-3106590757core:RevaluationReserve2022-12-3106590757core:OtherReservesSubtotal2022-12-3106590757core:RetainedEarningsAccumulatedLosses2022-12-3106590757core:LandBuildings2023-12-3106590757core:PlantMachinery2023-12-3106590757core:Vehicles2023-12-3106590757core:FurnitureFittings2023-12-3106590757core:OfficeEquipment2023-12-3106590757core:NetGoodwill2023-12-3106590757core:IntangibleAssetsOtherThanGoodwill2023-12-3106590757core:ListedExchangeTraded2023-12-3106590757core:UnlistedNon-exchangeTraded2023-12-3106590757core:LandBuildings2022-12-3106590757core:PlantMachinery2022-12-3106590757core:Vehicles2022-12-3106590757core:FurnitureFittings2022-12-3106590757core:OfficeEquipment2022-12-3106590757core:NetGoodwill2022-12-3106590757core:IntangibleAssetsOtherThanGoodwill2022-12-3106590757core:ListedExchangeTraded2022-12-3106590757core:UnlistedNon-exchangeTraded2022-12-3106590757core:LandBuildings2023-01-012023-12-3106590757core:PlantMachinery2023-01-012023-12-3106590757core:Vehicles2023-01-012023-12-3106590757core:FurnitureFittings2023-01-012023-12-3106590757core:OfficeEquipment2023-01-012023-12-3106590757core:NetGoodwill2023-01-012023-12-3106590757core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3106590757core:ListedExchangeTraded2023-01-012023-12-3106590757core:UnlistedNon-exchangeTraded2023-01-012023-12-3106590757core:MoreThanFiveYears2023-01-012023-12-3106590757core:Non-currentFinancialInstruments2023-12-3106590757core:Non-currentFinancialInstruments2022-12-3106590757dpl:CostSales2023-01-012023-12-3106590757dpl:DistributionCosts2023-01-012023-12-3106590757core:LandBuildings2023-01-012023-12-3106590757core:PlantMachinery2023-01-012023-12-3106590757core:Vehicles2023-01-012023-12-3106590757core:FurnitureFittings2023-01-012023-12-3106590757core:OfficeEquipment2023-01-012023-12-3106590757dpl:AdministrativeExpenses2023-01-012023-12-3106590757core:NetGoodwill2023-01-012023-12-3106590757core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3106590757dpl:GroupUndertakings2023-01-012023-12-3106590757dpl:ParticipatingInterests2023-01-012023-12-3106590757dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3106590757core:ListedExchangeTraded2023-01-012023-12-3106590757dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3106590757core:UnlistedNon-exchangeTraded2023-01-012023-12-3106590757dpl:CostSales2022-01-012022-12-3106590757dpl:DistributionCosts2022-01-012022-12-3106590757core:LandBuildings2022-01-012022-12-3106590757core:PlantMachinery2022-01-012022-12-3106590757core:Vehicles2022-01-012022-12-3106590757core:FurnitureFittings2022-01-012022-12-3106590757core:OfficeEquipment2022-01-012022-12-3106590757dpl:AdministrativeExpenses2022-01-012022-12-3106590757core:NetGoodwill2022-01-012022-12-3106590757core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3106590757dpl:GroupUndertakings2022-01-012022-12-3106590757dpl:ParticipatingInterests2022-01-012022-12-3106590757dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3106590757core:ListedExchangeTraded2022-01-012022-12-3106590757dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3106590757core:UnlistedNon-exchangeTraded2022-01-012022-12-3106590757core:NetGoodwill2023-12-3106590757core:IntangibleAssetsOtherThanGoodwill2023-12-3106590757core:LandBuildings2023-12-3106590757core:PlantMachinery2023-12-3106590757core:Vehicles2023-12-3106590757core:FurnitureFittings2023-12-3106590757core:OfficeEquipment2023-12-3106590757core:AfterOneYear2023-12-3106590757core:WithinOneYear2023-12-3106590757core:ListedExchangeTraded2023-12-3106590757core:UnlistedNon-exchangeTraded2023-12-3106590757core:ShareCapital2023-12-3106590757core:SharePremium2023-12-3106590757core:RevaluationReserve2023-12-3106590757core:OtherReservesSubtotal2023-12-3106590757core:RetainedEarningsAccumulatedLosses2023-12-3106590757core:NetGoodwill2022-12-3106590757core:IntangibleAssetsOtherThanGoodwill2022-12-3106590757core:LandBuildings2022-12-3106590757core:PlantMachinery2022-12-3106590757core:Vehicles2022-12-3106590757core:FurnitureFittings2022-12-3106590757core:OfficeEquipment2022-12-3106590757core:AfterOneYear2022-12-3106590757core:WithinOneYear2022-12-3106590757core:Liste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COLLABORATE AGENCY LTD

Registered Number
06590757
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

COLLABORATE AGENCY LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

BURNS, Caroline Esther
BURNS, Edward Michael

Registered Address

27 Old Gloucester Street
London
WC1N 3AX

Registered Number

06590757 (England and Wales)
COLLABORATE AGENCY LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets36,4484,762
6,4484,762
Current assets
Debtors4384,368395,256
Cash at bank and on hand59,34076,608
443,708471,864
Creditors amounts falling due within one year5(449,197)(473,184)
Net current assets (liabilities)(5,489)(1,320)
Total assets less current liabilities9593,442
Net assets9593,442
Capital and reserves
Called up share capital100100
Profit and loss account8593,342
Shareholders' funds9593,442
The financial statements were approved and authorised for issue by the Board of Directors on 5 September 2024, and are signed on its behalf by:
BURNS, Edward Michael
Director
Registered Company No. 06590757
COLLABORATE AGENCY LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Fixtures and fittings5
Vehicles4
Office Equipment5
2.Average number of employees

20232022
Average number of employees during the year97
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 2328,199
Additions3,332
At 31 December 2331,531
Depreciation and impairment
At 01 January 2323,437
Charge for year1,646
At 31 December 2325,083
Net book value
At 31 December 236,448
At 31 December 224,762
4.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables364,400282,222
Amounts owed by group undertakings14,056100,445
Other debtors5,81311,269
Prepayments and accrued income991,320
Total384,368395,256
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables387,494421,708
Amounts owed to related parties12,20613,909
Taxation and social security44,53033,691
Other creditors4,9673,876
Total449,197473,184