IRIS Accounts Production v24.2.0.383 12763692 director 1.1.23 31.12.23 31.12.23 false true false false true false ORDINARY 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127636922022-12-31127636922023-12-31127636922023-01-012023-12-31127636922021-12-31127636922022-01-012022-12-31127636922022-12-3112763692ns15:EnglandWales2023-01-012023-12-3112763692ns14:PoundSterling2023-01-012023-12-3112763692ns10:Director12023-01-012023-12-3112763692ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3112763692ns10:SmallEntities2023-01-012023-12-3112763692ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3112763692ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3112763692ns10:FullAccounts2023-01-012023-12-3112763692ns10:OrdinaryShareClass12023-01-012023-12-3112763692ns10:CompanySecretary12023-01-012023-12-3112763692ns10:RegisteredOffice2023-01-012023-12-3112763692ns5:CurrentFinancialInstruments2023-12-3112763692ns5:CurrentFinancialInstruments2022-12-3112763692ns5:ShareCapital2023-12-3112763692ns5:ShareCapital2022-12-3112763692ns5:RetainedEarningsAccumulatedLosses2023-12-3112763692ns5:RetainedEarningsAccumulatedLosses2022-12-3112763692ns5:ComputerEquipment2023-01-012023-12-3112763692ns5:ComputerEquipment2022-12-3112763692ns5:ComputerEquipment2023-12-3112763692ns5:ComputerEquipment2022-12-3112763692ns10:OrdinaryShareClass12023-12-3112763692ns5:RetainedEarningsAccumulatedLosses2022-12-3112763692ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 12763692 (England and Wales)












COLLECTAGIFT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






COLLECTAGIFT LIMITED (REGISTERED NUMBER: 12763692)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COLLECTAGIFT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr J A Yiakoumetti





SECRETARY: Mrs K Yiakoumetti





REGISTERED OFFICE: 86 Ashurst Road
Barnet
Hertfordshire
EN4 9LG





REGISTERED NUMBER: 12763692 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

COLLECTAGIFT LIMITED (REGISTERED NUMBER: 12763692)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 318 1,353

CURRENT ASSETS
Cash at bank 1,253 372

CREDITORS
Amounts falling due within one year 5 26,080 19,681
NET CURRENT LIABILITIES (24,827 ) (19,309 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,509

)

(17,956

)

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 (24,510 ) (17,957 )
SHAREHOLDERS' FUNDS (24,509 ) (17,956 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 18 September 2024 and were signed by:





Mr J A Yiakoumetti - Director


COLLECTAGIFT LIMITED (REGISTERED NUMBER: 12763692)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Collectagift 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - straight line over 3 years

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 1 (2022 - 1 ) .

COLLECTAGIFT LIMITED (REGISTERED NUMBER: 12763692)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 3,106
DEPRECIATION
At 1 January 2023 1,753
Charge for year 1,035
At 31 December 2023 2,788
NET BOOK VALUE
At 31 December 2023 318
At 31 December 2022 1,353

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Directors' current accounts 25,510 19,141
Accrued expenses 570 540
26,080 19,681

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 ORDINARY 1 1 1

7. RESERVES
Retained
earnings
£   

At 1 January 2023 (17,957 )
Deficit for the year (6,553 )
At 31 December 2023 (24,510 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J A Yiakoumetti.