Company registration number 14601066 (England and Wales)
COLLECTORS LOUNGE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
COLLECTORS LOUNGE LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
COLLECTORS LOUNGE LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF COLLECTORS LOUNGE LTD
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Collectors Lounge Ltd for the year ended 31 January 2025, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the b oard of d irectors of Collectors Lounge Ltd, as a body, in accordance with the terms of our engagement letter dated 23 November 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Collectors Lounge Ltd and state those matters that we have agreed to state to the b oard of d irectors of Collectors Lounge Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Collectors Lounge Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Collectors Lounge Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Collectors Lounge Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Collectors Lounge Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Collectors Lounge Ltd for the year ended 31 January 2025, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

Freeman Baker Limited
8 October 2025
Chartered Certified Accountants
Verulam House
1 Cropmead
Crewkerne
Somerset
TA18 7HQ
COLLECTORS LOUNGE LTD
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 2 -
2025
2024
£
£
£
£
Fixed assets
13,532
468
Current assets
68,460
49,628
Prepayments and accrued income
1,992
843
Creditors: amounts falling due within one year
(43,041)
(37,134)
Net current assets
27,411
13,337
Total assets less current liabilities
40,943
13,805
Net assets
40,943
13,805
Capital and reserves
40,943
13,805
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year wa s as follows:

2025
2024
Number
Number
Employees
3
3

Collectors Lounge Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 5, 10 Armoury Road, Lufton, Yeovil, Somerset, BA22 8RL.

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

COLLECTORS LOUNGE LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2025
31 January 2025
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 8 October 2025 and are signed on its behalf by:
..............................................
..............................................
Mr I K C Merriman
Mr D L T Bentley
Director
Director
..............................................
Mr A E J Taylor
Director
Company registration number 14601066 (England and Wales)
2025-01-31 2024-02-01 false false CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr I K C Merriman Mr D L T Bentley Mr A E J Taylor false 14601066 2024-02-01 2025-01-31 14601066 2025-01-31 14601066 2024-01-31 14601066 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 14601066 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 14601066 2023-01-18 2024-01-31 14601066 bus:Director1 2024-02-01 2025-01-31 14601066 bus:Director2 2024-02-01 2025-01-31 14601066 bus:Director3 2024-02-01 2025-01-31 14601066 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14601066 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 14601066 bus:Micro-entities 2024-02-01 2025-01-31 14601066 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 14601066 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP