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Company registration number:
04623924
Collier Properties Limited
Unaudited Filleted Financial Statements for the year ended
31 May 2025
Collier Properties Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Collier Properties Limited
Year ended
31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Collier Properties Limited
for the year ended
31 May 2025
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
Collier Properties Limited
, as a body, in accordance with the terms of our engagement letter dated 12 May 2025. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Collier Properties Limited
and state those matters that we have agreed to state to the Board of Directors of
Collier Properties Limited
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Collier Properties Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Collier Properties Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Collier Properties Limited
. You consider that
Collier Properties Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Collier Properties Limited. 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 statutory financial statements.
Benson Wood Ltd
Chartered Certified Accountants
Unit 21 Belasis Court
Belasis Hall Technology Park
Billingham
TS23 4AZ
United Kingdom
Date:
19 February 2026
Collier Properties Limited
Statement of Financial Position
31 May 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 1,520,000 |  | 1,715,000 |
Investments | 6 | 206,404 |  | 103,000 |
|  | 1,726,404 |  | 1,818,000 |
Current assets |  |  |  |  |
Debtors | 7 | 17,038 |  | 36,333 |
Cash at bank and in hand |  | 6,987 |  | (4,170 | )
|  | 24,025 |  | 32,163 |
Creditors: amounts falling due within one year | 8 | (58,907 | ) | (41,022 | )
Net current liabilities |  | (34,882 | ) | (8,859 | )
Total assets less current liabilities |  | 1,691,522 |  | 1,809,141 |
Creditors: amounts falling due after more than one year | 9 | (4,109 | ) | (90,383 | )
Provisions for liabilities |  | (218,882 | ) | (267,000 | )
Net assets |  | 1,468,531 |  | 1,451,758 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 1,296 |  | 1,296 |
Revaluation reserve |  | 891,732 |  | 1,086,732 |
Profit and loss account |  | 575,503 |  | 363,730 |
Shareholders funds |  | 1,468,531 |  | 1,451,758 |

For the year ending
31 May 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
19 February 2026
, and are signed on behalf of the board by:

D Collier
Director

Company registration number:
04623924
Collier Properties Limited
Notes to the Financial Statements
Year ended
31 May 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
466 Linthorpe Road
,
Middlesbrough
,
Teesside
,
TS5 6JG
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.

## Turnover

Turnover represents the total value of rents receivable and services charged from investment properties.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

## Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

## Fixed asset investments

Investments in associate undertakings are recognised at cost less any accumulated impairment losses.

## Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

## Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

## 4 Average number of employees

The average number of persons employed by the company during the year was
3
(2024:
2
).

## 5 Tangible assets

| Land and buildings
--- | ---
| £
Cost or valuation |  |
At 1 June 2024 | 1,715,000 |
Disposals | (275,000 | )
Revaluations | 80,000 |
At 31 May 2025 | 1,520,000 |
Depreciation |  |
At 1 June 2024 and 31 May 2025 | - |
Carrying amount |  |
At 31 May 2025 | 1,520,000 |
At 31 May 2024 | 1,715,000 |

The investment property was valued at fair value by D A Collier, a director. Whilst the director is not a professionally qualified valuer, he has a longstanding involvement in the local property market. The valuation of the property is assessed using his overall knowledge of the property and its condition combined with the appropriate rental yield and by comparison with similar properties in the local area.

## Investment property

Included in land and buildings are the following amounts in relation to investment properties:

| 2025
--- | ---
| £
Carrying amount at 1 June 2024 | 1,715,000 |
Disposals | (275,000 | )
Fair value adjustments | 80,000 |
Carrying amount at 31 May 2025 | 1,520,000 |

## 6 Investments

| Shares in group undertakings and participating interests | Other investments other than loans | Total
--- | --- | --- | ---
| £ | £ | £
Cost or valuation |  |  |  |  |  |
At 1 June 2024 | 103,000 |  | - |  | 103,000 |
Additions | - |  | 100,000 |  | 100,000 |
Revaluations | - |  | 3,404 |  | 3,404 |
At 31 May 2025 | 103,000 |  | 103,404 |  | 206,404 |
Impairment |  |  |  |  |  |
At 1 June 2024 and 31 May 2025 | - |  | - |  | - |
Carrying amount |  |  |  |  |  |
At 31 May 2025 | 103,000 |  | 103,404 |  | 206,404 |
At 31 May 2024 | 103,000 |  | - |  | 103,000 |

## 7 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 100 |  | 1,927 |
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 16,250 |  | 33,250 |
Other debtors | 688 |  | 1,156 |
| 17,038 |  | 36,333 |

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 8,922 |  | 16,151 |
Trade creditors | 2,910 |  | 6,088 |
Taxation and social security | 39,325 |  | 1,520 |
Other creditors | 7,750 |  | 17,263 |
| 58,907 |  | 41,022 |

## 9 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 4,109 |  | 90,383 |