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REGISTERED NUMBER: 02581035 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CALL COLLECT (SHEFFIELD) LIMITED

CALL COLLECT (SHEFFIELD) LIMITED (REGISTERED NUMBER: 02581035)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALL COLLECT (SHEFFIELD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A Lad





SECRETARY: A Nagar





REGISTERED OFFICE: 18 Rowbank Way
Loughborough
Leicestershire
LE11 4AJ





REGISTERED NUMBER: 02581035 (England and Wales)





ACCOUNTANTS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

CALL COLLECT (SHEFFIELD) LIMITED (REGISTERED NUMBER: 02581035)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,519 36,354
Investment property 5 6,527,220 6,527,220
6,557,739 6,563,574

CURRENT ASSETS
Debtors 6 419,129 221,567
Cash at bank 261,070 556,558
680,199 778,125
CREDITORS
Amounts falling due within one year 7 96,274 111,641
NET CURRENT ASSETS 583,925 666,484
TOTAL ASSETS LESS CURRENT LIABILITIES 7,141,664 7,230,058

CREDITORS
Amounts falling due after more than one
year

8

(2,730,932

)

(2,907,275

)

PROVISIONS FOR LIABILITIES (755,027 ) (590,230 )
NET ASSETS 3,655,705 3,732,553

CAPITAL AND RESERVES
Called up share capital 36,000 36,000
Other reserves 9,000 9,000
Retained earnings 3,610,705 3,687,553
SHAREHOLDERS' FUNDS 3,655,705 3,732,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CALL COLLECT (SHEFFIELD) LIMITED (REGISTERED NUMBER: 02581035)

BALANCE SHEET - continued
31 MARCH 2024


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 30 August 2024 and were signed by:





A Lad - Director


CALL COLLECT (SHEFFIELD) LIMITED (REGISTERED NUMBER: 02581035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Call Collect (Sheffield) 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.
Fixtures and fittings - 10% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

CALL COLLECT (SHEFFIELD) LIMITED (REGISTERED NUMBER: 02581035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 80,536
DEPRECIATION
At 1 April 2023 44,182
Charge for year 5,835
At 31 March 2024 50,017
NET BOOK VALUE
At 31 March 2024 30,519
At 31 March 2023 36,354

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 6,527,220
Additions 81,066
Revaluations (81,066 )
At 31 March 2024 6,527,220
NET BOOK VALUE
At 31 March 2024 6,527,220
At 31 March 2023 6,527,220

During last year, nine of the properties were valued by professional valuers and the revalued amounts are reflected in these accounts. At the year end the remaining investment properties were valued by the director based upon his knowledge of local market conditions and the condition of the properties involved. In his opinion the value included within the financial statements is a fair value.


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,235 9,447
Other debtors 414,894 212,120
419,129 221,567

CALL COLLECT (SHEFFIELD) LIMITED (REGISTERED NUMBER: 02581035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,846 4,596
Taxation and social security 58,873 2,587
Other creditors 34,555 104,458
96,274 111,641

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,730,932 2,907,275

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 2,730,932 2,907,275

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 2,730,932 2,907,275

10. RELATED PARTY DISCLOSURES

The company has made loans to companies with common interest. At the balance sheet date, the amounts owed to the company was £412,000 (2023 - £210,000). The loan does not attract any interest.