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Company Registration No. 11419467 (England and Wales)
COLLECTIVE CAPITAL LIMITED Unaudited accounts for the year ended 31 October 2023
COLLECTIVE CAPITAL LIMITED Unaudited accounts Contents
Page
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COLLECTIVE CAPITAL LIMITED Company Information for the year ended 31 October 2023
Director
WILLS, Robert Anthony Hamilton
Company Number
11419467 (England and Wales)
Registered Office
240 GRESHAM ROAD SLOUGH BERKSHIRE SL1 4PH UNITED KINGDOM
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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COLLECTIVE CAPITAL LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,615 
2,857 
Investments
1,508,864 
1,508,864 
1,511,479 
1,511,721 
Current assets
Debtors
920,228 
711,794 
Cash at bank and in hand
31,148 
26,472 
951,376 
738,266 
Creditors: amounts falling due within one year
(2,480,696)
(2,267,975)
Net current liabilities
(1,529,320)
(1,529,709)
Net liabilities
(17,841)
(17,988)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(17,842)
(17,989)
Shareholders' funds
(17,841)
(17,988)
For the year ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 9 July 2024 and were signed on its behalf by
WILLS, Robert Anthony Hamilton Director Company Registration No. 11419467
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COLLECTIVE CAPITAL LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
COLLECTIVE CAPITAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11419467. The registered office is 240 GRESHAM ROAD, SLOUGH, BERKSHIRE, SL1 4PH, UNITED KINGDOM.
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:
Computer equipment
5 Years Straight Line
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
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COLLECTIVE CAPITAL LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
3,508 
Additions
501 
At 31 October 2023
4,009 
Depreciation
At 1 November 2022
651 
Charge for the year
743 
At 31 October 2023
1,394 
Net book value
At 31 October 2023
2,615 
At 31 October 2022
2,857 
5
Investments
Other investments 
£ 
Valuation at 1 November 2022
1,508,864 
Valuation at 31 October 2023
1,508,864 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
836 
Trade debtors
38,825 
24,812 
Amounts due from group undertakings etc.
677,251 
681,566 
Accrued income and prepayments
204,152 
4,580 
920,228 
711,794 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,846 
- 
Trade creditors
- 
77,789 
Taxes and social security
16,287 
5,779 
Other creditors
937 
257 
Loans from directors
2,461,626 
2,184,112 
Accruals
- 
38 
2,480,696 
2,267,975 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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COLLECTIVE CAPITAL LIMITED Notes to the Accounts for the year ended 31 October 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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