Collina Limited Filleted Accounts Cover
Collina Limited
Company No. 04375511
Information for Filing with The Registrar
29 February 2024
Collina Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 29 February 2024.
Principal activities
The principal activity of the company during the year under review was Property Development.
Directors
The Directors who served at any time during the year were as follows:
M.C. Lea
A.C. Willis
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
M.C. Lea
Director
21 November 2024
Collina Limited Balance Sheet Registrar
at
29 February 2024
Company No.
04375511
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
1,222,3471,222,347
1,222,3471,222,347
Current assets
Debtors
5
957,282957,282
Cash at bank and in hand
233,456254,672
1,190,7381,211,954
Creditors: Amount falling due within one year
6
(2,413,620)
(2,413,620)
Net current liabilities
(1,222,882)
(1,201,666)
Total assets less current liabilities
(535)
20,681
Creditors: Amounts falling due after more than one year
7
1,638,5561,638,556
Net assets
1,638,0211,659,237
Capital and reserves
Called up share capital
1,600,0121,600,012
Profit and loss account
9
38,00959,225
Total equity
1,638,0211,659,237
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 29 February 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 21 November 2024 and signed on its behalf by:
M.C. Lea
Director
21 November 2024
Collina Limited Notes to the Accounts Registrar
for the year ended 29 February 2024
1
General information
Collina Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 04375511
Its registered office is:
1 The Courtyard
Chalvington
East Sussex
BN27 3TD
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Tangible fixed assets
Land and buildings
Total
£
£
Cost or revaluation
At 1 March 2023
1,222,3471,222,347
At 29 February 2024
1,222,3471,222,347
Depreciation
Net book values
At 29 February 2024
1,222,3471,222,347
At 28 February 2023
1,222,347
1,222,347
5
Debtors
2024
2023
£
£
Amounts owed by group undertakings
551,282551,282
Other debtors
406,000406,000
957,282957,282
6
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
2,412,9202,412,920
Other loans
700700
2,413,6202,413,620
7
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Other loans
(1,638,556)
(1,638,556)
(1,638,556)
(1,638,556)
8
Share Capital
Ordinary £1 shares
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
10
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
21,000
7,500
21,000
7,500
Dividends by type:
Equity dividends
21,0007,500
21,000
7,500
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