Company Registration No. 09499755 (England and Wales)
COLLABORATE INDUSTRIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
COLLABORATE INDUSTRIES LIMITED
Unaudited accounts
Contents
COLLABORATE INDUSTRIES LIMITED
Company Information
for the year ended 31 March 2025
Company Number
09499755 (England and Wales)
Registered Office
STEWARD HOUSE, 14 COMMERCIAL WAY
WOKING
SURREY
GU21 6ET
ENGLAND
Accountants
Tanners Tax Accountants
Steward House
14 Commercial Way
Woking
Surrey
GU21 6ET
COLLABORATE INDUSTRIES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
683,024
224,993
Cash at bank and in hand
286,783
165,970
Creditors: amounts falling due within one year
(728,540)
(276,305)
Net current liabilities
(239,070)
(15,778)
Total assets less current liabilities
443,954
209,215
Creditors: amounts falling due after more than one year
(134,684)
(36,088)
Net assets
309,270
173,127
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
309,170
173,027
Shareholders' funds
309,270
173,127
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 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 30 December 2025 and were signed on its behalf by
Allan Grimshaw
Director
Company Registration No. 09499755
COLLABORATE INDUSTRIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
COLLABORATE INDUSTRIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09499755. The registered office is STEWARD HOUSE, 14 COMMERCIAL WAY, WOKING, SURREY, GU21 6ET, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
over lease term
Fixtures & fittings
20% on cost
Computer equipment
20% on cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
COLLABORATE INDUSTRIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
317,434
50,743
13,235
381,412
Additions
522,891
10,679
2,768
536,338
At 31 March 2025
840,325
61,422
16,003
917,750
At 1 April 2024
115,149
31,798
9,472
156,419
Charge for the year
70,252
6,828
1,227
78,307
At 31 March 2025
185,401
38,626
10,699
234,726
At 31 March 2025
654,924
22,796
5,304
683,024
At 31 March 2024
202,285
18,945
3,763
224,993
Amounts falling due within one year
Trade debtors
43,102
61,450
Accrued income and prepayments
129,558
33,107
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
25,044
-
Trade creditors
170,540
77,090
Taxes and social security
880
30,737
Other creditors
1,870
3,207
Loans from directors
711
399
Deferred income
325,447
74,526
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
63,698
36,088
COLLABORATE INDUSTRIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).