REGISTERED NUMBER: 06425009 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Collister (North West) Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

S Collister

K M Reid

M J Williams

Registered office:

Unit 8 Bretton Hall Farm Office

Chester Road

Bretton

Chester

CH4 0DF

Registered number:

06425009 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

22,627

20,150

Current assets

Stocks

71,000

86,950

Debtors

5

432,528

351,590

Cash at bank

54,291

1,056

557,819

439,596

Creditors

Amounts falling due within one year

6

492,187

435,434

Net current assets

65,632

4,162

Total assets less current liabilities

88,259

24,312

Creditors

Amounts falling due after more than one year

7

4,897

18,158

Net assets

83,362

6,154

Capital and reserves

Called up share capital

100

100

Retained earnings

83,262

6,054

83,362

6,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 January 2026 and were signed on its behalf by:

S Collister - Director

1.	Statutory information

Collister (North West) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 6 ) .

4.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 June 2024

1,932

122,982

124,914

Additions

-

12,450

12,450

At 31 May 2025

1,932

135,432

137,364

Depreciation

At 1 June 2024

907

103,857

104,764

Charge for year

485

9,488

9,973

At 31 May 2025

1,392

113,345

114,737

Net book value

At 31 May 2025

540

22,087

22,627

At 31 May 2024

1,025

19,125

20,150

5.

Debtors: amounts falling due within one year

31/5/25

31/5/24

£

£

Trade debtors

158,372

46,118

Other debtors

274,156

305,472

432,528

351,590

6.

Creditors: amounts falling due within one year

31/5/25

31/5/24

£

£

Bank loans and overdrafts

-

19,502

Hire purchase contracts

6,431

6,431

Trade creditors

230,939

229,436

Taxation and social security

121,174

57,547

Other creditors

133,643

122,518

492,187

435,434

7.

Creditors: amounts falling due after more than one year

31/5/25

31/5/24

£

£

Hire purchase contracts

4,897

11,328

Other creditors

-

6,830

4,897

18,158

8.	Secured debts

The following secured debts are included within creditors:

31/5/25

31/5/24

£

£

Hire purchase contracts

11,328

17,759

Obligations under hire purchase contracts are secured on the underlying asset.

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

31/5/25

31/5/24

£

£

S Collister

Balance outstanding at start of year

57,739

173,621

Amounts advanced

289,906

294,416

Amounts repaid

(297,789

)

(410,298

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

49,856

57,739

M J Williams

Balance outstanding at start of year

7,000

-

Amounts advanced

-

7,000

Amounts repaid

(7,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

7,000

S Collister

The aggregate value of amounts advanced over £5,000 was £97,057. The aggregate value of amounts repaid over £5,000 was £288,560. The maximum balance outstanding in the period was £252,308.

M J Williams

Amounts repaid include £7,000 on 6 September 2024. The maximum balance outstanding in the period was £7,000.

Advances to the directors are interest free, unsecured and repayable on demand.