REGISTERED NUMBER: 00428295 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

F & W COLLINS (WASTE MATERIALS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

John Brian Collins

Jacqueline Race

REGISTERED OFFICE:

139 Upper Allen Street

Sheffield

South Yorkshire

S3 7GW

REGISTERED NUMBER:

00428295 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

71,616

92,998

CURRENT ASSETS

Debtors

5

182,698

232,621

Cash at bank

548,482

385,108

731,180

617,729

CREDITORS

Amounts falling due within one year

6

295,946

238,734

NET CURRENT ASSETS

435,234

378,995

TOTAL ASSETS LESS CURRENT LIABILITIES

506,850

471,993

PROVISIONS FOR LIABILITIES

17,077

22,382

NET ASSETS

489,773

449,611

CAPITAL AND RESERVES

Called up share capital

1,310

1,310

Profit and loss account

488,463

448,301

489,773

449,611

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

John Brian Collins - Director

Jacqueline Race - Director

1.	STATUTORY INFORMATION

F & W Collins (Waste Materials) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

6,392

181,429

8,636

235,407

431,864

Additions

-

1,263

-

-

1,263

At 31 March 2025

6,392

182,692

8,636

235,407

433,127

DEPRECIATION

At 1 April 2024

3,405

168,896

7,791

158,774

338,866

Charge for year

115

3,160

211

19,159

22,645

At 31 March 2025

3,520

172,056

8,002

177,933

361,511

NET BOOK VALUE

At 31 March 2025

2,872

10,636

634

57,474

71,616

At 31 March 2024

2,987

12,533

845

76,633

92,998

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

178,066

213,105

Other debtors

4,632

19,516

182,698

232,621

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

77,398

14,059

Taxation and social security

22,933

22,918

Other creditors

195,615

201,757

295,946

238,734

7.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in a independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £1,373 (2024 - £1,095). Contributions totalling £308 (2024 - £308) were payable to the fund at the year end and are included in creditors.

8.	RELATED PARTY DISCLOSURES

Brian Collins (deceased), John Brian Collins and Jacqueline Race have control over a majority of shares in the company, and together with their involvement with its day to day management, are deemed to be the controlling parties for the purposes of Financial Reporting Standard No. 102.

Included within creditors is the following directors loans owed to the directors of £181,987 (2024: £188,885).