Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12690158 Mr Kane Collings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12690158 2023-06-30 12690158 2024-06-30 12690158 2023-07-01 2024-06-30 12690158 frs-core:Non-currentFinancialInstruments 2024-06-30 12690158 frs-core:FurnitureFittings 2023-07-01 2024-06-30 12690158 frs-core:ShareCapital 2024-06-30 12690158 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12690158 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12690158 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 12690158 frs-bus:SmallEntities 2023-07-01 2024-06-30 12690158 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12690158 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12690158 frs-bus:Director1 2023-07-01 2024-06-30 12690158 frs-countries:EnglandWales 2023-07-01 2024-06-30 12690158 2022-06-30 12690158 2023-06-30 12690158 2022-07-01 2023-06-30 12690158 frs-core:Non-currentFinancialInstruments 2023-06-30 12690158 frs-core:ShareCapital 2023-06-30 12690158 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12690158
Collings Limited
ABRIDGED Financial Statements
For The Year Ended 30 June 2024
RITA HOLDINGS LIMITED
Chartered Tax Advisers
310 Lakes Innovation Centre
Lakes Road
Braintree
CM7 3AN
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 12690158
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,163 5,076
Investment Properties 5 219,397 218,737
223,560 223,813
CURRENT ASSETS
Debtors 7,840 7,840
Cash at bank and in hand 6,929 3,266
14,769 11,106
Creditors: Amounts Falling Due Within One Year (92,784 ) (87,960 )
NET CURRENT ASSETS (LIABILITIES) (78,015 ) (76,854 )
TOTAL ASSETS LESS CURRENT LIABILITIES 145,545 146,959
Creditors: Amounts Falling Due After More Than One Year (154,493 ) (154,493 )
NET LIABILITIES (8,948 ) (7,534 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (8,949 ) (7,535 )
SHAREHOLDERS' FUNDS (8,948) (7,534)
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Kane Collings
Director
25th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Collings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12690158 . The registered office is Flat 20 5 Danson Mews, London, SE17 3FP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the letting of investment property.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 July 2023 8,168
Additions 474
As at 30 June 2024 8,642
Depreciation
As at 1 July 2023 3,092
Provided during the period 1,387
As at 30 June 2024 4,479
Net Book Value
As at 30 June 2024 4,163
As at 1 July 2023 5,076
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 218,737
Additions 660
As at 30 June 2024 219,397
Page 3
Page 4
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4