REGISTERED NUMBER: 08115049 (England and Wales)

ROBERT COLLIN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Collin

REGISTERED OFFICE:

Basses Farm

Poppeypole Lane

Stickford fen

Boston

Lincolnshire

PE22 8HF

REGISTERED NUMBER:

08115049 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Boston)

The Old Vicarage

Church Close

Boston

Lincolnshire

PE21 6NA

FIXED ASSETS

Intangible assets

3

1,093

6,574

Tangible assets

4

1,306,675

1,235,705

Investments

5

1

1

1,307,769

1,242,280

CURRENT ASSETS

Stocks

252,327

290,132

Debtors

130,444

79,340

Cash at bank

293,958

458,009

676,729

827,481

CREDITORS

Amounts falling due within one year

138,195

231,852

NET CURRENT ASSETS

538,534

595,629

TOTAL ASSETS LESS CURRENT LIABILITIES

1,846,303

1,837,909

CREDITORS

Amounts falling due after more than one year

6

(804,233

)

(826,781

)

PROVISIONS FOR LIABILITIES

(93,254

)

(109,572

)

NET ASSETS

948,816

901,556

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

948,716

901,456

SHAREHOLDERS' FUNDS

948,816

901,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

R J Collin - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Single farm payment entitlements

Purchased single farm payment entitlements are being amortised over their effective useful life of 5 years on a straight line basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

3.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

and 30 June 2025

95,685

AMORTISATION

At 1 July 2024

89,111

Amortisation for year

5,481

At 30 June 2025

94,592

NET BOOK VALUE

At 30 June 2025

1,093

At 30 June 2024

6,574

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

1,555,108

Additions

151,741

At 30 June 2025

1,706,849

DEPRECIATION

At 1 July 2024

319,403

Charge for year

80,771

At 30 June 2025

400,174

NET BOOK VALUE

At 30 June 2025

1,306,675

At 30 June 2024

1,235,705

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 July 2024

and 30 June 2025

184,000

DEPRECIATION

At 1 July 2024

51,060

Charge for year

35,216

At 30 June 2025

86,276

NET BOOK VALUE

At 30 June 2025

97,724

At 30 June 2024

132,940

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 July 2024

and 30 June 2025

1

NET BOOK VALUE

At 30 June 2025

1

At 30 June 2024

1

Unlisted investments.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

320,105

323,812

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

391,362

399,505

Hire purchase contracts

31,910

72,803

423,272

472,308