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REGISTERED NUMBER: 07636910 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Collins Corporate Solutions Limited

Collins Corporate Solutions Limited (Registered number: 07636910)






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


Collins Corporate Solutions Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mrs S A Collins





SECRETARY: A Collins





REGISTERED OFFICE: 59 Peters Road
Locks Heath
Southampton
Hampshire
SO31 6EL





REGISTERED NUMBER: 07636910 (England and Wales)





ACCOUNTANTS: Roches
Chartered Accountants
1 Manor Court
6 Barnes Wallis Road
Segensworth
Fareham
Hampshire
PO15 5TH

Collins Corporate Solutions Limited (Registered number: 07636910)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,533 5,028

CURRENT ASSETS
Debtors 5 - 18,987
Cash at bank 388 5,848
388 24,835
CREDITORS
Amounts falling due within one year 6 3,846 19,029
NET CURRENT (LIABILITIES)/ASSETS (3,458 ) 5,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,075

10,834

CREDITORS
Amounts falling due after more than one
year

7

(3,653

)

(5,654

)

PROVISIONS FOR LIABILITIES (861 ) (1,182 )
NET (LIABILITIES)/ASSETS (3,439 ) 3,998

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,440 ) 3,997
SHAREHOLDERS' FUNDS (3,439 ) 3,998

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 her 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.

Collins Corporate Solutions Limited (Registered number: 07636910)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





Mrs S A Collins - Director


Collins Corporate Solutions Limited (Registered number: 07636910)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Collins Corporate Solutions Limited 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.

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.

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.
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to related parties.

Financial assets & financial liabilities are initially recognised at the transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. However, if the arrangement constitutes a financing transaction then it is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets & financial liabilities classified as receivable within one year are not amortised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 1 ) .

Collins Corporate Solutions Limited (Registered number: 07636910)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 8,624
Additions 1,744
At 31 May 2024 10,368
DEPRECIATION
At 1 June 2023 3,596
Charge for year 2,239
At 31 May 2024 5,835
NET BOOK VALUE
At 31 May 2024 4,533
At 31 May 2023 5,028

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors - 18,987

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 2,011 1,962
Taxation and social security 626 15,877
Other creditors 1,209 1,190
3,846 19,029

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 3,653 5,654

Collins Corporate Solutions Limited (Registered number: 07636910)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
Mrs S A Collins
Balance outstanding at start of year 10,930 -
Amounts advanced - 10,930
Amounts repaid (10,930 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 10,930

Interest has been charged at the HMRC approved rate on the above loan, which is repayable on demand.