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REGISTERED NUMBER: 09576368 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

COLLINWOOD CONSTRUCTION LTD.

COLLINWOOD CONSTRUCTION LTD. (REGISTERED NUMBER: 09576368)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLLINWOOD CONSTRUCTION LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: T Collinwood





REGISTERED OFFICE: 115c Milton Road
Cambridge
CB4 1XE





REGISTERED NUMBER: 09576368 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

COLLINWOOD CONSTRUCTION LTD. (REGISTERED NUMBER: 09576368)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,196 25,639

CURRENT ASSETS
Debtors 5 22,811 917
Cash at bank 66,600 31,193
89,411 32,110
CREDITORS
Amounts falling due within one year 6 97,760 48,135
NET CURRENT LIABILITIES (8,349 ) (16,025 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,847

9,614

CREDITORS
Amounts falling due after more than one
year

7

3,343

5,311
NET ASSETS 7,504 4,303

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 7,494 4,293
SHAREHOLDERS' FUNDS 7,504 4,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

COLLINWOOD CONSTRUCTION LTD. (REGISTERED NUMBER: 09576368)

BALANCE SHEET - continued
31 MAY 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2024 and were signed by:





T Collinwood - Director


COLLINWOOD CONSTRUCTION LTD. (REGISTERED NUMBER: 09576368)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Collinwood Construction Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st May 2024 the company's current liabilities exceeded its current assets by £8,349 and total liabilities of the company were £101,103. The company is reliant upon the continued support of its director, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

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 - 25% on cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2023 - 3 ) .

COLLINWOOD CONSTRUCTION LTD. (REGISTERED NUMBER: 09576368)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 524 52,621 53,145
DEPRECIATION
At 1 June 2023 131 27,375 27,506
Charge for year 131 6,312 6,443
At 31 May 2024 262 33,687 33,949
NET BOOK VALUE
At 31 May 2024 262 18,934 19,196
At 31 May 2023 393 25,246 25,639

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,564 917
Prepayments 2,247 -
22,811 917

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,084 5,056
Tax 21,270 15,685
Social security and other taxes 7,766 2,702
VAT 47,377 10,752
Hire purchase < 1 year 2,786 4,160
Other creditors - 6,221
Director's current account 298 402
Accruals and deferred income 3,179 3,157
97,760 48,135

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase > 1 year 3,343 5,311

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £63,500 were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr T Collinwood by virtue of his 100% ownership of issued share capital.