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Company Registration No. 11792909 (England and Wales)
Collins Harris Ltd Unaudited accounts for the year ended 31 January 2024
Collins Harris Ltd Unaudited accounts Contents
Page
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Collins Harris Ltd Company Information for the year ended 31 January 2024
Directors
Dr C Collins Mr A Harris
Company Number
11792909 (England and Wales)
Registered Office
380A New Hythe Lane Larkfield, Aylesford Kent ME20 6RZ England
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
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Collins Harris Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,984 
6,645 
Current assets
Debtors
67,245 
43,666 
Cash at bank and in hand
119,450 
232,206 
186,695 
275,872 
Creditors: amounts falling due within one year
(28,616)
(106,044)
Net current assets
158,079 
169,828 
Net assets
163,063 
176,473 
Capital and reserves
Called up share capital
101 
100 
Profit and loss account
162,962 
176,373 
Shareholders' funds
163,063 
176,473 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
Mr A Harris Director Company Registration No. 11792909
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Collins Harris Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Collins Harris Ltd is a private company, limited by shares, registered in England and Wales, registration number 11792909. The registered office is 380A New Hythe Lane, Larkfield, Aylesford, Kent, ME20 6RZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Collins Harris Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
13,406 
3,068 
2,676 
19,150 
At 31 January 2024
13,406 
3,068 
2,676 
19,150 
Depreciation
At 1 February 2023
9,164 
1,885 
1,456 
12,505 
Charge for the year
1,060 
296 
305 
1,661 
At 31 January 2024
10,224 
2,181 
1,761 
14,166 
Net book value
At 31 January 2024
3,182 
887 
915 
4,984 
At 31 January 2023
4,242 
1,183 
1,220 
6,645 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
56,958 
27,309 
Accrued income and prepayments
10,287 
16,357 
67,245 
43,666 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,204 
7,567 
Trade creditors
1,439 
560 
Taxes and social security
17,794 
34,581 
Loans from directors
179 
62,336 
Accruals
1,000 
1,000 
28,616 
106,044 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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