Collectively Camberley Limited 07756292 false 2023-10-19 2024-10-18 2024-10-18 The principal activity of the company is to initiate, develop and promote the business improvement district as identified in the Collectively Camberley BID Business Plan. Digita Accounts Production Advanced 6.30.9574.0 true 07756292 2023-10-19 2024-10-18 07756292 2024-10-18 07756292 core:RetainedEarningsAccumulatedLosses 2024-10-18 07756292 core:CurrentFinancialInstruments 2024-10-18 07756292 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-18 07756292 core:PlantMachinery 2024-10-18 07756292 bus:SmallEntities 2023-10-19 2024-10-18 07756292 bus:AuditExemptWithAccountantsReport 2023-10-19 2024-10-18 07756292 bus:FilletedAccounts 2023-10-19 2024-10-18 07756292 bus:SmallCompaniesRegimeForAccounts 2023-10-19 2024-10-18 07756292 bus:RegisteredOffice 2023-10-19 2024-10-18 07756292 bus:Director18 2023-10-19 2024-10-18 07756292 bus:CompanyLimitedByGuarantee 2023-10-19 2024-10-18 07756292 core:PlantMachinery 2023-10-19 2024-10-18 07756292 countries:EnglandWales 2023-10-19 2024-10-18 07756292 2023-10-18 07756292 core:PlantMachinery 2023-10-18 07756292 2022-10-19 2023-10-18 07756292 2023-10-18 07756292 core:RetainedEarningsAccumulatedLosses 2023-10-18 07756292 core:CurrentFinancialInstruments 2023-10-18 07756292 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-18 07756292 core:PlantMachinery 2023-10-18 iso4217:GBP xbrli:pure

Registration number: 07756292

Collectively Camberley Limited
 

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 18 October 2024

 

Collectively Camberley Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

Collectively Camberley Limited

(Registration number: 07756292)
Statement of Financial Position as at 18 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

7,029

9,373

Current assets

 

Debtors

5

16,373

12,394

Cash at bank and in hand

 

28,137

15,983

 

44,510

28,377

Creditors: Amounts falling due within one year

6

(18,102)

(15,341)

Net current assets

 

26,408

13,036

Net assets

 

33,437

22,409

Reserves

 

Profit and loss account

33,437

22,409

Surplus

 

33,437

22,409

For the financial year ending 18 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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 directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 17 July 2025 and signed on its behalf by:
 

.........................................
S B Coburn
Director

 

Collectively Camberley Limited

Notes to the Unaudited Financial Statements for the Year Ended 18 October 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY. England.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Government grants

Grants are accounted for under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in “other income” within profit or loss in the same period as the related expenditure.

Tangible assets

Tangible assets are stated in the statement of financial position 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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

 

Collectively Camberley Limited

Notes to the Unaudited Financial Statements for the Year Ended 18 October 2024

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

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 debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 2).

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 19 October 2023

18,672

18,672

At 18 October 2024

18,672

18,672

Depreciation

At 19 October 2023

9,299

9,299

Charge for the year

2,344

2,344

At 18 October 2024

11,643

11,643

Carrying amount

At 18 October 2024

7,029

7,029

At 18 October 2023

9,373

9,373

 

Collectively Camberley Limited

Notes to the Unaudited Financial Statements for the Year Ended 18 October 2024

5

Debtors

2024
£

2023
£

Trade debtors

6,910

9,330

Other debtors

-

1,874

Prepayments

9,463

1,190

16,373

12,394

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

8,756

3,208

Taxation and social security

853

1,329

Accruals and deferred income

8,361

10,804

Other creditors

132

-

18,102

15,341