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Company Registration No. 11730266 (England and Wales)
Collegia Partners Limited Unaudited accounts for the year ended 31 December 2024
Collegia Partners Limited Unaudited accounts Contents
Page
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Collegia Partners Limited Company Information for the year ended 31 December 2024
Directors
Eduardo Chazan John Edward Ford Riccardo Gasparini Xiaogang YI
Company Number
11730266 (England and Wales)
Registered Office
Buxton Court 3 West Way Oxford Oxfordshire OX2 0JB United Kingdom
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Collegia Partners Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
382 
1,027 
Current assets
Debtors
19,568 
39,992 
Cash at bank and in hand
66,376 
31,713 
85,944 
71,705 
Creditors: amounts falling due within one year
(38,240)
(19,173)
Net current assets
47,704 
52,532 
Net assets
48,086 
53,559 
Capital and reserves
Called up share capital
107 
106 
Share premium
1,262,861 
1,182,715 
Profit and loss account
(1,214,882)
(1,129,262)
Shareholders' funds
48,086 
53,559 
For the year ending 31 December 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 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 of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
Riccardo Gasparini Director Company Registration No. 11730266
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Collegia Partners Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Collegia Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 11730266. The registered office is Buxton Court, 3 West Way, Oxford, Oxfordshire, OX2 0JB, 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.
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.
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
25% Straight Line
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Prior Period Presentation Adjustment
Through review of the financial statements, it was identified that balances were incorrectly presented under Accruals and Prepayments in the prior year ending 31 December 2022. To correct this, we have adjusted the prior period to move £11,326 from Accruals to Trade Creditors and £13,461 from Prepayments to Trade Debtors. This has a nil effect on the balance sheet and PnL.
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Collegia Partners Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,581 
At 31 December 2024
2,581 
Depreciation
At 1 January 2024
1,554 
Charge for the year
645 
At 31 December 2024
2,199 
Net book value
At 31 December 2024
382 
At 31 December 2023
1,027 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,079 
37,677 
Accrued income and prepayments
(3,511)
- 
Other debtors
- 
2,315 
19,568 
39,992 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
27,786 
4,241 
Taxes and social security
- 
3,867 
Other creditors
(2,292)
- 
Loans from directors
1,959 
- 
Accruals
10,787 
11,065 
38,240 
19,173 
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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