2023-02-012024-01-312024-01-31false13137073COLLECTIVE DIGITAL LTD2024-10-21iso4217:GBPxbrli:pure131370732023-02-01131370732024-01-31131370732023-02-012024-01-31131370732022-02-01131370732023-01-31131370732022-02-012023-01-3113137073bus:SmallEntities2023-02-012024-01-3113137073bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3113137073bus:AbridgedAccounts2023-02-012024-01-3113137073bus:PrivateLimitedCompanyLtd2023-02-012024-01-3113137073core:WithinOneYear2024-01-3113137073core:AfterOneYear2024-01-3113137073core:WithinOneYear2023-01-3113137073core:AfterOneYear2023-01-3113137073core:ShareCapital2024-01-3113137073core:SharePremium2024-01-3113137073core:RevaluationReserve2024-01-3113137073core:OtherReservesSubtotal2024-01-3113137073core:RetainedEarningsAccumulatedLosses2024-01-3113137073core:ShareCapital2023-01-3113137073core:SharePremium2023-01-3113137073core:RevaluationReserve2023-01-3113137073core:OtherReservesSubtotal2023-01-3113137073core:RetainedEarningsAccumulatedLosses2023-01-3113137073core:LandBuildings2024-01-3113137073core:PlantMachinery2024-01-3113137073core:Vehicles2024-01-3113137073core:FurnitureFittings2024-01-3113137073core:OfficeEquipment2024-01-3113137073core:NetGoodwill2024-01-3113137073core:IntangibleAssetsOtherThanGoodwill2024-01-3113137073core:ListedExchangeTraded2024-01-3113137073core:UnlistedNon-exchangeTraded2024-01-3113137073core:LandBuildings2023-01-3113137073core:PlantMachinery2023-01-3113137073core:Vehicles2023-01-3113137073core:FurnitureFittings2023-01-3113137073core:OfficeEquipment2023-01-3113137073core:NetGoodwill2023-01-3113137073core:IntangibleAssetsOtherThanGoodwill2023-01-3113137073core:ListedExchangeTraded2023-01-3113137073core:UnlistedNon-exchangeTraded2023-01-3113137073core:LandBuildings2023-02-012024-01-3113137073core:PlantMachinery2023-02-012024-01-3113137073core:Vehicles2023-02-012024-01-3113137073core:FurnitureFittings2023-02-012024-01-3113137073core:OfficeEquipment2023-02-012024-01-3113137073core:NetGoodwill2023-02-012024-01-3113137073core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113137073core:ListedExchangeTraded2023-02-012024-01-3113137073core:UnlistedNon-exchangeTraded2023-02-012024-01-3113137073core:MoreThanFiveYears2023-02-012024-01-3113137073core:Non-currentFinancialInstruments2024-01-3113137073core:Non-currentFinancialInstruments2023-01-3113137073dpl:CostSales2023-02-012024-01-3113137073dpl:DistributionCosts2023-02-012024-01-3113137073core:LandBuildings2023-02-012024-01-3113137073core:PlantMachinery2023-02-012024-01-3113137073core:Vehicles2023-02-012024-01-3113137073core:FurnitureFittings2023-02-012024-01-3113137073core:OfficeEquipment2023-02-012024-01-3113137073dpl:AdministrativeExpenses2023-02-012024-01-3113137073core:NetGoodwill2023-02-012024-01-3113137073core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113137073dpl:GroupUndertakings2023-02-012024-01-3113137073dpl:ParticipatingInterests2023-02-012024-01-3113137073dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3113137073core:ListedExchangeTraded2023-02-012024-01-3113137073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3113137073core:UnlistedNon-exchangeTraded2023-02-012024-01-3113137073dpl:CostSales2022-02-012023-01-3113137073dpl:DistributionCosts2022-02-012023-01-3113137073core:LandBuildings2022-02-012023-01-3113137073core:PlantMachinery2022-02-012023-01-3113137073core:Vehicles2022-02-012023-01-3113137073core:FurnitureFittings2022-02-012023-01-3113137073core:OfficeEquipment2022-02-012023-01-3113137073dpl:AdministrativeExpenses2022-02-012023-01-3113137073core:NetGoodwill2022-02-012023-01-3113137073core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3113137073dpl:GroupUndertakings2022-02-012023-01-3113137073dpl:ParticipatingInterests2022-02-012023-01-3113137073dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3113137073core:ListedExchangeTraded2022-02-012023-01-3113137073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3113137073core:UnlistedNon-exchangeTraded2022-02-012023-01-3113137073core:NetGoodwill2024-01-3113137073core:IntangibleAssetsOtherThanGoodwill2024-01-3113137073core:LandBuildings2024-01-3113137073core:PlantMachinery2024-01-3113137073core:Vehicles2024-01-3113137073core:FurnitureFittings2024-01-3113137073core:OfficeEquipment2024-01-3113137073core:AfterOneYear2024-01-3113137073core:WithinOneYear2024-01-3113137073core:ListedExchangeTraded2024-01-3113137073core:UnlistedNon-exchangeTraded2024-01-3113137073core:ShareCapital2024-01-3113137073core:SharePremium2024-01-3113137073core:RevaluationReserve2024-01-3113137073core:OtherReservesSubtotal2024-01-3113137073core:RetainedEarningsAccumulatedLosses2024-01-3113137073core:NetGoodwill2023-01-3113137073core:IntangibleAssetsOtherThanGoodwill2023-01-3113137073core:LandBuildings2023-01-3113137073core:PlantMachinery2023-01-3113137073core:Vehicles2023-01-3113137073core:FurnitureFittings2023-01-3113137073core:OfficeEquipment2023-01-3113137073core:AfterOneYear2023-01-3113137073core:WithinOneYear2023-01-3113137073core:ListedExchangeTraded2023-01-3113137073core:UnlistedNon-exchangeTraded2023-01-3113137073core:ShareCapital2023-01-3113137073core:SharePremium2023-01-3113137073core:RevaluationReserve2023-01-3113137073core:OtherReservesSubtotal2023-01-3113137073core:RetainedEarningsAccumulatedLosses2023-01-3113137073core:NetGoodwill2022-02-0113137073core:IntangibleAssetsOtherThanGoodwill2022-02-0113137073core:LandBuildings2022-02-0113137073core:PlantMachinery2022-02-0113137073core:Vehicles2022-02-0113137073core:FurnitureFittings2022-02-0113137073core:OfficeEquipment2022-02-0113137073core:AfterOneYear2022-02-0113137073core:WithinOneYear2022-02-0113137073core:ListedExchangeTraded2022-02-0113137073core:UnlistedNon-exchangeTraded2022-02-0113137073core:ShareCapital2022-02-0113137073core:SharePremium2022-02-0113137073core:RevaluationReserve2022-02-0113137073core:OtherReservesSubtotal2022-02-0113137073core:RetainedEarningsAccumulatedLosses2022-02-0113137073core:AfterOneYear2023-02-012024-01-3113137073core:WithinOneYear2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113137073core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3113137073core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3113137073core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3113137073core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3113137073core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3113137073bus:Director12023-02-012024-01-3113137073bus:Director22023-02-012024-01-31

COLLECTIVE DIGITAL LTD

Registered Number
13137073
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

COLLECTIVE DIGITAL LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

BREWITT, John Giacomo
HOBBS, Courtney

Registered Address

5 Gambier Terrace
Liverpool
L1 7BG

Registered Number

13137073 (England and Wales)
COLLECTIVE DIGITAL LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets311,8177,183
11,8177,183
Current assets
Debtors16,48019,527
Cash at bank and on hand28,9324,618
45,41224,145
Creditors amounts falling due within one year(28,583)(18,566)
Net current assets (liabilities)16,8295,579
Total assets less current liabilities28,64612,762
Net assets28,64612,762
Capital and reserves
Called up share capital100100
Profit and loss account28,54612,662
Shareholders' funds28,64612,762
The financial statements were approved and authorised for issue by the Board of Directors on 21 October 2024, and are signed on its behalf by:
BREWITT, John Giacomo
Director
Registered Company No. 13137073
COLLECTIVE DIGITAL LTD
Notes to the Financial Statements
for the year ended 31 January 2024

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery20-
Office Equipment-4
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year34
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 February 239,342
Additions7,816
At 31 January 2417,158
Depreciation and impairment
At 01 February 232,160
Charge for year3,181
At 31 January 245,341
Net book value
At 31 January 2411,817
At 31 January 237,183
4.Related party transactions
As at the year end, the company owed the company £995 (2023 - (£912). This loan is interest free and repayable on demand.