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Company Registration No. 15771475 (England and Wales)
Collekt Limited Unaudited accounts for the period from 11 June 2024 to 31 March 2025
Collekt Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Collekt Limited Company Information for the period from 11 June 2024 to 31 March 2025
Directors
Mr Ashish Pratapbhai Doshi Mr Jonathan Alexander Bill
Company Number
15771475 (England and Wales)
Registered Office
Coppersun Suite Park Road Rickmansworth Hertfordshire WD3 1RE England
Accountants
Coppersun Accountants Coppersun Suite Cardinal Point Park Road Rickmansworth WD3 1DE
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Collekt Limited Statement of financial position as at 31 March 2025
2025 
Notes
£ 
Fixed assets
Investments
169,552 
Current assets
Debtors
16,349 
Cash at bank and in hand
810,064 
826,413 
Creditors: amounts falling due within one year
(16,655)
Net current assets
809,758 
Total assets less current liabilities
979,310 
Creditors: amounts falling due after more than one year
(1,481,608)
Net liabilities
(502,298)
Capital and reserves
Called up share capital
4
200 
Profit and loss account
(502,498)
Shareholders' funds
(502,298)
For the period 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by
Mr Jonathan Alexander Bill Director Company Registration No. 15771475
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Collekt Limited Notes to the Accounts for the period from 11 June 2024 to 31 March 2025
1
Statutory information
Collekt Limited is a private company, limited by shares, registered in England and Wales, registration number 15771475. The registered office is Coppersun Suite, Park Road, Rickmansworth, Hertfordshire, WD3 1RE, England.
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 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, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis. The directors have considered the Company’s financial position, cash flow forecasts and future trading prospects for a period of at least twelve months from the date of approval of these financial statements. Based on these reviews, the directors believe the Company has adequate resources to continue in operational existence for the foreseeable future and therefore consider the going concern basis to be appropriate.
Investments
Investments are stated at cost less provision for impairment. Where applicable, cost includes directly attributable acquisition expenses. The carrying amounts of the Company’s investments are reviewed annually to determine whether there is any indication of impairment. Any impairment losses are recognised in the profit and loss account.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Impairments
The Company reviews the carrying amounts of tangible fixed assets, intangible assets, and investments at each reporting date to determine whether there is any indication of impairment. If any such indication exists, the recoverable amount of the asset is estimated. The recoverable amount is the higher of: fair value less costs to sell, and value in use (the present value of expected future cash flows). Where the recoverable amount of an asset is less than its carrying amount, the carrying amount is reduced to the recoverable amount and an impairment loss is recognised in the profit and loss account. Impairment losses recognised in prior periods are reversed when, and only when, there has been a change in the estimates used to determine the asset’s recoverable amount. An impairment reversal is recognised immediately in profit or loss to the extent that the increased carrying value does not exceed the carrying value that would have existed had no impairment been recognised. Assets that do not generate independent cash flows are tested for impairment as part of the cash-generating unit to which they belong.
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Collekt Limited Notes to the Accounts for the period from 11 June 2024 to 31 March 2025
Financial Instruments
The company’s financial instruments comprise trade and other receivables, cash and cash equivalents, trade and other payables, and bank borrowings. The company does not enter into speculative derivative financial instruments. The carrying amounts of financial instruments at the reporting date represent their fair value, as the instruments are short-term or subject to market rates of interest.
4
Share capital
2025 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
5
Transactions with related parties
During the year, the Company entered into the following transactions with related parties: Mr Jonathan Alexander Bill , directors remuneration £67,500 £48,410 fees paid to Ashish Doshi Collekt LLP , an organization registered in India, and controlled by director ,Mr Ashish Pratapbhai Doshi.
6
Controlling party
The Company is jointly owned by two shareholders, each holding 50% of the issued share capital. In the opinion of the directors, neither shareholder has control as defined by FRS 102, and therefore there is no ultimate controlling party.
7
Average number of employees
During the period the average number of employees was 4.
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