Company Registration No. NI628204 (Northern Ireland)
Gerard & Claire Collins Limited
Unaudited accounts
for the year ended 31 December 2024
Gerard & Claire Collins Limited
Unaudited accounts
Contents
Gerard & Claire Collins Limited
Company Information
for the year ended 31 December 2024
Director
Mrs Claire Collins
Secretary
Mrs Claire Collins
Company Number
NI628204 (Northern Ireland)
Registered Office
60 Aghalurcher Road
Lisnaskea
Enniskillen
Co. Fermanagh
BT92 0BH
Accountants
MacNeary Rasdale & Co. Ltd
Wellington House
30 Darling St
Enniskillen
Fermanagh
BT74 7EW
Accountants' report to the Board of Directors on the unaudited financial statements of Gerard & Claire Collins Limited for the year ended 31 December 2024
In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
MacNeary Rasdale & Co. Ltd
Chartered Accountants
Wellington House
30 Darling St
Enniskillen
Fermanagh
BT74 7EW
31 December 2025
Gerard & Claire Collins Limited
Statement of financial position
as at 31 December 2024
Tangible assets
205,773
109,021
Cash at bank and in hand
22,431
19,598
Creditors: amounts falling due within one year
(123,959)
(55,371)
Net current (liabilities)/assets
(62,069)
9,368
Net assets
143,704
118,389
Called up share capital
100
100
Profit and loss account
143,604
118,289
Shareholders' funds
143,704
118,389
For the year ending 31 December 2024 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 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 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 31 December 2025 and were signed on its behalf by
Mrs Claire Collins
Director
Company Registration No. NI628204
Gerard & Claire Collins Limited
Notes to the Accounts
for the year ended 31 December 2024
Gerard & Claire Collins Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI628204. The registered office is 60 Aghalurcher Road, Lisnaskea, Enniskillen, Co. Fermanagh, BT92 0BH.
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.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
75,167
46,184
24,500
20,906
166,757
Additions
102,000
-
-
-
102,000
At 31 December 2024
177,167
46,184
24,500
20,906
268,757
At 1 January 2024
-
23,409
22,048
12,279
57,736
Charge for the year
-
3,341
613
1,294
5,248
At 31 December 2024
-
26,750
22,661
13,573
62,984
At 31 December 2024
177,167
19,434
1,839
7,333
205,773
At 31 December 2023
75,167
22,775
2,452
8,627
109,021
Amounts falling due within one year
Trade debtors
15,122
9,517
Gerard & Claire Collins Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,539
-
Loans from directors
105,991
46,793
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).