REGISTERED NUMBER: 11399587 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COLLINS RESIDENTIAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms C Collins

REGISTERED OFFICE:

12 New Street

Basingstoke

Hampshire

RG21 7DE

REGISTERED NUMBER:

11399587 (England and Wales)

ACCOUNTANTS:

Vernon Gosling Friday Limited

10 Beech Court

Wokingham Road

Hurst

Reading

Berkshire

RG10 0RQ

FIXED ASSETS

Intangible assets

4

25,000

28,500

Tangible assets

5

6,092

21

31,092

28,521

CURRENT ASSETS

Debtors

6

156,205

126,116

Cash at bank and in hand

247,552

209,045

403,757

335,161

CREDITORS

Amounts falling due within one year

7

184,160

142,771

NET CURRENT ASSETS

219,597

192,390

TOTAL ASSETS LESS CURRENT LIABILITIES

250,689

220,911

CREDITORS

Amounts falling due after more than one year

8

250,318

220,418

NET ASSETS

371

493

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

367

489

SHAREHOLDERS' FUNDS

371

493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 2 December 2025 and were signed by:

Ms C Collins - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

35,000

AMORTISATION

At 1 January 2024

6,500

Charge for year

3,500

At 31 December 2024

10,000

NET BOOK VALUE

At 31 December 2024

25,000

At 31 December 2023

28,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

609

Additions

8,123

At 31 December 2024

8,732

DEPRECIATION

At 1 January 2024

588

Charge for year

2,052

At 31 December 2024

2,640

NET BOOK VALUE

At 31 December 2024

6,092

At 31 December 2023

21

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

17,320

4,884

Other debtors

138,885

121,232

156,205

126,116

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

12,333

Trade creditors

16,287

10,864

Taxation and social security

140,650

91,206

Other creditors

27,223

28,368

184,160

142,771

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

250,318

220,418