Company Registration No. 13565899 (England and Wales)
Collins & Co Financial Planning Ltd
Unaudited accounts
for the year ended 31 August 2024
Collins & Co Financial Planning Ltd
Unaudited accounts
Contents
Collins & Co Financial Planning Ltd
Company Information
for the year ended 31 August 2024
Directors
Gareth Edward David Collins
Stephanie Jane Manwaring
Company Number
13565899 (England and Wales)
Registered Office
5 NORWOOD CLOSE
HINCKLEY
LE10 1TS
ENGLAND
Accountants
Get Smart Accountants Ltd
9 Gough Close
Codsall
South Staffs
WV8 1FF
Collins & Co Financial Planning Ltd
Statement of financial position
as at 31 August 2024
Intangible assets
645,730
645,730
Cash at bank and in hand
1,695
938
Creditors: amounts falling due within one year
(218,976)
(417,947)
Net current liabilities
(207,682)
(409,021)
Total assets less current liabilities
438,324
237,077
Creditors: amounts falling due after more than one year
(342,767)
(175,850)
Called up share capital
100
100
Profit and loss account
95,457
61,127
Shareholders' funds
95,557
61,227
For the year ending 31 August 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 7 May 2025 and were signed on its behalf by
Gareth Edward David Collins
Director
Company Registration No. 13565899
Collins & Co Financial Planning Ltd
Notes to the Accounts
for the year ended 31 August 2024
Collins & Co Financial Planning Ltd is a private company, limited by shares, registered in England and Wales, registration number 13565899. The registered office is 5 NORWOOD CLOSE, HINCKLEY, LE10 1TS, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost with no amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
645,730
Collins & Co Financial Planning Ltd
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
117,075
361,340
Taxes and social security
32,859
29,411
Other creditors
14,917
9,354
Loans from directors
53,870
16,885
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
342,767
175,850
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).