Colab Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11870419

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	3		30,471		4,043
Tangible Assets	4		4,045		4,167

			34,516		8,210
CURRENT ASSETS
Debtors	5	38,413		22,024
Cash at bank and in hand		10,062		32,562

		48,475		54,586
Creditors: Amounts Falling Due Within One Year	6	(89,352 )		(77,694 )

NET CURRENT ASSETS (LIABILITIES)			(40,877 )		(23,108 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(6,361 )		(14,898 )

NET LIABILITIES			(6,361 )		(14,898 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(6,461 )		(14,998 )

SHAREHOLDERS' FUNDS			(6,361)		(14,898)

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Colab Services Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Louise Carder

Director

19/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

1.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets relate to website design and development costs. It is amortised to profit and loss account over its estimated economic life of four years.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Straight Line
Computer Equipment	33.33% Straight Line

2. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

3. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	7,885
Additions	31,678

As at 31 March 2025	39,563

Amortisation
As at 1 April 2024	3,842
Provided during the period	5,250

As at 31 March 2025	9,092

Net Book Value
As at 31 March 2025	30,471

As at 1 April 2024	4,043

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Colab Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	3,082	5,664	8,746
Additions	-	2,109	2,109

As at 31 March 2025	3,082	7,773	10,855

Depreciation
As at 1 April 2024	896	3,683	4,579
Provided during the period	698	1,533	2,231

As at 31 March 2025	1,594	5,216	6,810

Net Book Value
As at 31 March 2025	1,488	2,557	4,045

As at 1 April 2024	2,186	1,981	4,167

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	8,590	13,513
Other debtors	29,823	8,511

	38,413	22,024

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	36,667	40,278
Other creditors	51,214	37,415
Taxation and social security	1,471	1

	89,352	77,694

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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