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REGISTERED NUMBER: 04096948 (England and Wales)















COLLINS GROUP INTERNATIONAL LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 7


COLLINS GROUP INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: M. A. Collins



SECRETARY: M. A. Collins



REGISTERED OFFICE: 3 Vigo Place
(off Brickyard Road)
Aldridge
Walsall
West Midlands
WS9 8UG



REGISTERED NUMBER: 04096948 (England and Wales)



SENIOR STATUTORY AUDITOR: Mr M J Rudd FCA CTA



AUDITORS: Four Oaks Taxation & Accounting Services Limited
(Statutory Auditor)
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 254,498 224,301
Investments 5 69,434 66,006
Investment property 6 4,707,507 4,453,624
5,031,439 4,743,931

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 7 92,434 35,567
Cash at bank 1,663,227 1,388,126
1,759,661 1,427,693
CREDITORS
Amounts falling due within one year 8 740,326 215,155
NET CURRENT ASSETS 1,019,335 1,212,538
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,050,774

5,956,469

PROVISIONS FOR LIABILITIES 63,624 54,855
NET ASSETS 5,987,150 5,901,614

CAPITAL AND RESERVES
Called up share capital 205,410 205,410
Revaluation reserve 9 2,962,628 2,962,628
Capital redemption reserve 205,000 205,000
Retained earnings 2,614,112 2,528,576
SHAREHOLDERS' FUNDS 5,987,150 5,901,614

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 4 October 2024 and were signed by:





M. A. Collins - Director


COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Collins Group International 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2023 610,643 9,796 19,366 639,805
Additions 97,181 700 - 97,881
Disposals (84,757 ) - - (84,757 )
At 30 April 2024 623,067 10,496 19,366 652,929
DEPRECIATION
At 1 May 2023 390,488 9,496 15,520 415,504
Charge for year 43,941 60 842 44,843
Eliminated on disposal (61,916 ) - - (61,916 )
At 30 April 2024 372,513 9,556 16,362 398,431
NET BOOK VALUE
At 30 April 2024 250,554 940 3,004 254,498
At 30 April 2023 220,155 300 3,846 224,301

Cost or valuation at 30 April 2024 is represented by:

Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Valuation in 2022 147,044 - - 147,044
Cost 476,023 10,496 19,366 505,885
623,067 10,496 19,366 652,929

If plant and machinery had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 463,599 463,599
Aggregate depreciation 361,079 361,079

Plant and machinery was valued on an open market basis on 21 June 2021 by MGR Appraisals .

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 10,002 56,004 66,006
Additions - 10,000 10,000
Revaluations - (6,572 ) (6,572 )
At 30 April 2024 10,002 59,432 69,434
NET BOOK VALUE
At 30 April 2024 10,002 59,432 69,434
At 30 April 2023 10,002 56,004 66,006

Cost or valuation at 30 April 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2022 - 18,351 18,351
Valuation in 2023 - 11,060 11,060
Valuation in 2024 - 30,021 30,021
Cost 10,002 - 10,002
10,002 59,432 69,434

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 4,453,624
Additions 253,883
At 30 April 2024 4,707,507
NET BOOK VALUE
At 30 April 2024 4,707,507
At 30 April 2023 4,453,624

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2022 2,400,997
Cost 2,306,510
4,707,507

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,052,627 2,052,627

Investment property was valued on an open market basis on 10 September 2022 by Marwood Surveyors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,904 2,108
Amounts owed by group undertakings 3,159 8,157
Other debtors 83,371 25,302
92,434 35,567

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,624 32,839
Trade creditors 72,569 73,244
Amounts owed to group undertakings 534,683 -
Taxation and social security 70,199 68,231
Other creditors 52,251 40,841
740,326 215,155

9. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 2,962,628

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr M J Rudd FCA CTA (Senior Statutory Auditor)
for and on behalf of Four Oaks Taxation & Accounting Services Limited

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
M. A. Collins
Balance outstanding at start of year - -
Amounts advanced 50,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,000 -

COLLINS GROUP INTERNATIONAL LIMITED (REGISTERED NUMBER: 04096948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

The director's loan will be repaid within 9 months of the year-end.

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.