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Company Registration No. 14672565 (England and Wales)
Collinsgreat Limited Unaudited accounts for the year ended 28 February 2025
Collinsgreat Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Collinsgreat Limited Company Information for the year ended 28 February 2025
Director
AMRASAVWORE, Collins Oghenebrohien
Company Number
14672565 (England and Wales)
Registered Office
377 Elswick Road Benwell Newcastle Upon Tyne NE4 8DY United Kingdom
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Collinsgreat Limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
15,000
15,000
Tangible assets
5
7,500
10,750
22,500
25,750
Current assets
Debtors
6
-
1,000
Cash at bank and in hand
2,558
6,017
2,558
7,017
Creditors: amounts falling due within one year
7
(8,916)
(2,079)
Net current (liabilities)/assets
(6,358)
4,938
Total assets less current liabilities
16,142
30,688
Creditors: amounts falling due after more than one year
8
(4,228)
(21,108)
Net assets
11,914
9,580
Capital and reserves
Profit and loss account
11,914
9,580
Shareholders' funds
11,914
9,580
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 5 October 2025 and were signed on its behalf by
AMRASAVWORE, Collins Oghenebrohien Director Company Registration No. 14672565
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Collinsgreat Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Collinsgreat Limited is a private company, limited by shares, registered in England and Wales, registration number 14672565. The registered office is 377 Elswick Road, Benwell, Newcastle Upon Tyne, NE4 8DY, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
4 years
Fixtures & fittings
5 Years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost . Goodwill is not amortized but is tested annually for impairment, or more frequently if events or changes in circumstances indicate that it might be impaired.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 March 2024
15,000
At 28 February 2025
15,000
Amortisation
At 1 March 2024
-
At 28 February 2025
-
Net book value
At 28 February 2025
15,000
At 29 February 2024
15,000
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Collinsgreat Limited Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
9,000
5,000
14,000
At 28 February 2025
9,000
5,000
14,000
Depreciation
At 1 March 2024
2,250
1,000
3,250
Charge for the year
2,250
1,000
3,250
At 28 February 2025
4,500
2,000
6,500
Net book value
At 28 February 2025
4,500
3,000
7,500
At 29 February 2024
6,750
4,000
10,750
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Accrued income and prepayments
-
1,000
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
4,476
-
Taxes and social security
3,060
899
Other creditors
1,380
1,180
8,916
2,079
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
4,228
21,108
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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