COLLET_HOUSE_RATIO_LIMITE

COLLET HOUSE RATIO LIMITED

CONTENTS

Company information ..............................................................................................................1

Strategic report ....................................................................................................................... 2

Statement of financial position .............................................................................................. 3

Statement of changes in equity ............................................................................................. 4

Notes to the financial statements .......................................................................................... 5

COLLET HOUSE RATIO LIMITED

COMPANY INFORMATION

FOR THE PERIOD ENDED 31 MARCH 2025

Directors

Jason Gomes

Tae Young Shim

Company number

12998490

Registered office

50 Wandsworth Road

43 Collet House

London

United Kingdom

SW8 2EW

Bankers

Tide

1 Appold Street

London

United Kingdom

EC1Y 2AL

Mettle

250 Bishopsgate

London

United Kingdom

EC2M 4AA

COLLET HOUSE RATIO LIMITED

STRATEGIC REPORT

FOR THE PERIOD ENDED 31 MARCH 2025

The Directors present the Strategic report for the year ended 31 March 2025.

Review of the business

Collet House Ratio Limited (“the Company”) continue to operate within its core business activities of providing professional accounting services. During the financial year, the Company focused on maintaining operational stability, managing costs effectively, and sustaining relationships with customers and suppliers.

The Company performed in line with management expectations. The business remains resilient due to its streamlined structure and careful financial management.

Principal risks and uncertainties

The Company operates a small and straightforward business model and is therefore not exposed to significant risks. The nature of its operations, limited scale, and stable client base help to minimise potential uncertainties. The primary risks relate to general economic conditions and the retention of key clients, both of which are monitored on an ongoing basis. Management considers these risks to be low and manageable within the normal course of business.

Future Developments

The Company is expected to continue operating on its established and straightforward business model, with no significant changes anticipated in the coming year. Management will focus on maintaining service quality, supporting existing clients, and pursuing modest operational improvements where beneficial. Given the Company's stable operations and low-risk profile, future developments are anticipated to be steady and incremental.

Abridged Financial Statements

The Company qualifies as a small company under the Companies Act 2006 and has therefore prepared abridged financial statements in accordance with the relevant provisions.

In line with the small companies regime:

The Statement of Comprehensive Income is not included within these abridged financial statements; and

The Directors' Report is not included, as the Company meets the conditions under section 444(5A) of the Companies Act 2006 permitting its omission from the filed version of the accounts.

The abridged financial statements presented provide a true and fair view of the Company's financial position as at the year-end.

COLLET HOUSE RATIO LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

2025

2024

Notes

Current assets

Cash at bank and in hand

697,324

96,159

Trade and other receivables

17,950

75,995

715,274

172,154

Creditors: amounts falling due within one year

(148,255)

(17,977)

Net current liabilities

567,019

154,177

567,019

154,177

Total assets less current liabilities

Capital and reserves

Called up share capital

100

Profit and loss account

566,919

154,077

567,019

154,177

Total capital and reserves

The Company was entitled to the small companies exemption. These abridged financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with FRS 102 Section 1A.

The members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors and signed on its behalf by:

Jason Gomes

Director

Date: 10 December 2025

Company Registration No. 12998490

The notes on pages 5 – 7 form an integral part of the financial statements.

COLLET HOUSE RATIO LIMITED

STATEMENT OF CHANGES IN EQUITY

AS AT 31 MARCH 2025

Called up share capital

Profit and loss account

Total

Balance at 1 April 2023

100

158,243

158,343

Dividends

(4,000)

Loss and total comprehensive expense for the period

(166)

Balance at 31 March 2024

100

154,077

154,177

Dividends

Profit and total comprehensive income for the period

412,842

Balance as at 31 March 2025

100

566,919

567,019

The notes on pages 5 – 7 form an integral part of the financial statements.

COLLET HOUSE RATIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Accounting policies

Company information

Collet House Ratio Limited is a private company limited by shares incorporated in England and Wales. The registered office is 43 Collet House, 50 Wandsworth Road, London, United Kingdom, SW8 2EW.

The company was incorporated on 5 November 2020. The nature of the Company's operations is providing professional accounting services.

1.1

Accounting convention

These abridged financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland (“FRS 102”) Section 1A and the requirements of the Companies Act 2006.

The financial statements are prepared in pound sterling (£), which is the functional currency of the Company.

1.1

Revenue recognition

Revenue is recognised as professional services are delivered and when the company has earned the right to consideration for the work performed. Amounts recognised reflect the extent of services provided to clients during the period and are recorded only when they can be measured reliably and it is probable that the related economic benefits will be received.

1.2

Cash at bank and in hand

Cash at bank includes deposits held at call with banks and other short-term liquid investments with remaining maturities of three months or less.

1.3

Taxation

Current Tax

The tax currently payable is based on taxable profit for the year, calculated in accordance with applicable tax legislation. It is based on the taxable profits of the Company, which may differ from the profit reported in the financial statements due to adjustments for items that are taxable or deductible in other years and it further excludes items that are not taxable or deductible under tax rules. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting date.

COLLET HOUSE RATIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Accounting policies (continued)

1.4

Financial instruments

The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments' and Section 12 ‘Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the Company's statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liabilities simultaneously.

Basic financial assets

Basic financial assets, which includes cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Interest is recognised by applying the effective interest rate, except for short-term receivables when the recognition of interest would be immaterial. Interest is recorded in accordance with the rate that reflects the return on the related financial assets over the period to which it relates.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or otherwise transferred.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables are initially recognised at transaction prices unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at ta market rate of interest.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligation expire or are discharged or cancelled.

COLLET HOUSE RATIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Employees

The average monthly number of persons (including Directors) employed by the Company during the year was 6 (2024:1).

Directors' remuneration

Total remuneration of the directors during the year was £176,917 (2024:NIL)

Trade and other receivables

2025

2024

Amounts falling due within one year:

17,950

75,996

Other receivables

Creditors: Amounts falling due withing one year

2024

2025

17,977

Corporation tax payable

120,592

Other taxation and social security

23,612

Other payables

4,050

17,977

148,255

Share capital

2024

2025

Ordinary share capital

Issued and fully paid

100

100 Ordinary shares of £1 each

There is a single class of ordinary shares. There are no restrictions on dividends and the repayment of capital.

Small company exemptions

The Company has taken advantage of the small companies' exemptions provided by the Companies Act 2006 and has not included a statement of cash flows or statement of comprehensive income. These abridged financial statements have been prepared in accordance with Section 444(2A) of the Act, with the consent of the directors.