Coll Limited 02864146 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is the management of a property. Digita Accounts Production Advanced 6.30.9574.0 true true 02864146 2023-08-01 2024-07-31 02864146 2024-07-31 02864146 core:RetainedEarningsAccumulatedLosses 2024-07-31 02864146 core:ShareCapital 2024-07-31 02864146 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 02864146 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 02864146 core:FurnitureFittings 2024-07-31 02864146 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 02864146 bus:SmallEntities 2023-08-01 2024-07-31 02864146 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 02864146 bus:FilletedAccounts 2023-08-01 2024-07-31 02864146 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 02864146 bus:RegisteredOffice 2023-08-01 2024-07-31 02864146 bus:CompanySecretary1 2023-08-01 2024-07-31 02864146 bus:Director1 2023-08-01 2024-07-31 02864146 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 02864146 core:Buildings 2023-08-01 2024-07-31 02864146 core:FurnitureFittings 2023-08-01 2024-07-31 02864146 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 02864146 countries:EnglandWales 2023-08-01 2024-07-31 02864146 2023-07-31 02864146 core:FurnitureFittings 2023-07-31 02864146 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-31 02864146 2022-08-01 2023-07-31 02864146 2023-07-31 02864146 core:RetainedEarningsAccumulatedLosses 2023-07-31 02864146 core:ShareCapital 2023-07-31 02864146 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 02864146 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 02864146 core:FurnitureFittings 2023-07-31 02864146 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 02864146

Coll Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

Coll Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Coll Limited

Company Information

Director

Dr Frederica Jane Georgina Collingwood

Company secretary

Mr Simon Charles Kirkpatrick

Registered office

1-2 Rhodium Point Spindle Close
Hawkinge
Folkestone
Kent
CT18 7TQ

Accountants

Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge
Folkestone
Kent
CT18 7TQ

 

Coll Limited

(Registration number: 02864146)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

59,310

62,325

Creditors: Amounts falling due within one year

5

(1,105)

(2,147)

Total assets less current liabilities

 

58,205

60,178

Creditors: Amounts falling due after more than one year

5

(196,162)

(194,014)

Net liabilities

 

(137,957)

(133,836)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(137,958)

(133,837)

Shareholders' deficit

 

(137,957)

(133,836)

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 April 2025
 

.........................................
Dr Frederica Jane Georgina Collingwood
Director

   
     
 

Coll Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1-2 Rhodium Point Spindle Close
Hawkinge
Folkestone
Kent
CT18 7TQ
 

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis and there are no material uncertainties that cast significant doubt on the Company's ability to continue as a going concern.

 

Coll Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024 (continued)

2

Accounting policies (continued)

Judgements

No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.

No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the financial year have been made.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & fittings

33 1/3% of cost per annum

Freehold property

2% of cost per annum

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Coll Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024 (continued)

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Land and buildings
£

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 August 2023

150,780

13,918

164,698

At 31 July 2024

150,780

13,918

164,698

Depreciation

At 1 August 2023

88,455

13,918

102,373

Charge for the year

3,015

-

3,015

At 31 July 2024

91,470

13,918

105,388

Carrying amount

At 31 July 2024

59,310

-

59,310

At 31 July 2023

62,325

-

62,325

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

108

1,074

Accruals and deferred income

997

1,073

1,105

2,147

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

196,162

194,014

 

Coll Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024 (continued)

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Directors loan account

196,162

194,014