REGISTERED NUMBER: 02141532 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

G Collier & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Collier

L Collier

SECRETARY:

Mrs P Collier

REGISTERED OFFICE:

Kitling Road

Knowsley Business Park

Prescot

Merseyside

L34 9JA

REGISTERED NUMBER:

02141532 (England and Wales)

ACCOUNTANTS:

SB&P

Chartered Accountants

Oriel House

2/8 Oriel Road

Bootle

Merseyside

L20 7EP

BANKERS:

National Westminster Bank plc

509 Prescot Road

Old Swan

Liverpool

Merseyside

L13 3BZ

FIXED ASSETS

Tangible assets

4

716,438

700,771

CURRENT ASSETS

Stocks

33,676

30,567

Debtors

5

261,832

199,372

Cash at bank and in hand

558,137

604,472

853,645

834,411

CREDITORS

Amounts falling due within one year

6

192,401

147,977

NET CURRENT ASSETS

661,244

686,434

TOTAL ASSETS LESS CURRENT LIABILITIES

1,377,682

1,387,205

PROVISIONS FOR LIABILITIES

40,423

36,507

NET ASSETS

1,337,259

1,350,698

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

1,336,259

1,349,698

SHAREHOLDERS' FUNDS

1,337,259

1,350,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

M Collier - Director

1.	STATUTORY INFORMATION

G Collier & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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 represents net invoiced sales of services, excluding value added tax. Revenue is recognised once the service has been provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Freehold property has not been depreciated as the directors believes its residual value to be at least equal to cost.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 the profit & loss account in the period to which they relate.

The company also operates a money purchase scheme for its directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 April 2024

554,745

7,810

111,310

Additions

-

-

745

Disposals

-

-

-

At 31 March 2025

554,745

7,810

112,055

DEPRECIATION

At 1 April 2024

-

7,810

80,188

Charge for year

-

-

7,849

Eliminated on disposal

-

-

-

At 31 March 2025

-

7,810

88,037

NET BOOK VALUE

At 31 March 2025

554,745

-

24,018

At 31 March 2024

554,745

-

31,122

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

66,952

265,154

59,012

1,064,983

Additions

-

63,360

1,800

65,905

Disposals

-

(46,202

)

-

(46,202

)

At 31 March 2025

66,952

282,312

60,812

1,084,686

DEPRECIATION

At 1 April 2024

66,115

155,368

54,731

364,212

Charge for year

209

31,896

1,376

41,330

Eliminated on disposal

-

(37,294

)

-

(37,294

)

At 31 March 2025

66,324

149,970

56,107

368,248

NET BOOK VALUE

At 31 March 2025

628

132,342

4,705

716,438

At 31 March 2024

837

109,786

4,281

700,771

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

243,760

181,192

Prepayments

18,072

18,180

261,832

199,372

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

3,647

Trade creditors

61,773

40,352

Tax

41,136

32,766

Social security and other taxes

14,666

12,071

Pension

2,639

2,620

VAT

52,334

43,859

Other creditors

8,320

6,207

Accrued expenses

11,533

6,455

192,401

147,977

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000