Company Registration No. SC582604 (Scotland)
Collis-Holmes Innovations Limited
Unaudited accounts
for the year ended 31 December 2024
Collis-Holmes Innovations Limited
Unaudited accounts
Contents
Collis-Holmes Innovations Limited
Company Information
for the year ended 31 December 2024
Directors
Dr. A B K Collis
Dr. D J Holmes
Company Number
SC582604 (Scotland)
Registered Office
Axwell House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
Accountants
JK Business Services Ltd
Axwell House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
Collis-Holmes Innovations Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
29,479
31,582
Creditors: amounts falling due within one year
(19,760)
(27,954)
Net current assets
9,985
18,095
Called up share capital
11
11
Profit and loss account
10,682
19,327
Shareholders' funds
10,693
19,338
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 16 May 2025 and were signed on its behalf by
Dr. D J Holmes
Director
Company Registration No. SC582604
Collis-Holmes Innovations Limited
Notes to the Accounts
for the year ended 31 December 2024
Collis-Holmes Innovations Limited is a private company, limited by shares, registered in Scotland, registration number SC582604. The registered office is Axwell House , 2 Westerton Road, Broxburn, West Lothian, EH52 5AU.
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:
Computer equipment
25% Straight Line
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.
4
Tangible fixed assets
Computer equipment
Collis-Holmes Innovations Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
464
9,285
Loans from directors
19,154
16,950
Allotted, called up and fully paid:
10 Ordinary Shares of £1 each
10
10
1 'A' Ordinary Shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).