REGISTERED NUMBER: 01765087 (England and Wales)

Collins Reinforcements Limited

Unaudited Financial Statements

for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Collins

Mr P Collins

SECRETARY:

Mr M Collins

REGISTERED OFFICE:

Unit 5 Dobson Park

Industrial Estate

Dobson Park Way Ince

Wigan

WN2 2DY

REGISTERED NUMBER:

01765087 (England and Wales)

FIXED ASSETS

Tangible assets

5

277,300

313,399

CURRENT ASSETS

Stocks

6

298,936

299,400

Debtors

7

689,006

791,831

Cash at bank and in hand

1,167,017

1,174,241

2,154,959

2,265,472

CREDITORS

Amounts falling due within one year

8

(873,779

)

(986,945

)

NET CURRENT ASSETS

1,281,180

1,278,527

TOTAL ASSETS LESS CURRENT LIABILITIES

1,558,480

1,591,926

PROVISIONS FOR LIABILITIES

(26,269

)

(34,258

)

NET ASSETS

1,532,211

1,557,668

CAPITAL AND RESERVES

Called up share capital

9

19,700

19,700

Capital redemption reserve

4,100

4,100

Retained earnings

1,508,411

1,533,868

SHAREHOLDERS' FUNDS

1,532,211

1,557,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

Mr M Collins - Director

1.	GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:

Unit 5

Dobson Park Industrial Estate

Dobson Park Way Ince

Wigan

WN2 2DY

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

3.	ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

BASIS OF PREPARATION

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

REVENUE RECOGNITION

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

TAX

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

TANGIBLE ASSETS

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DEPRECIATION

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and Buildings

2% straight line

Plant and machinery

15% straight line

Fixtures and fittings

15% straight line

Motor vehicles

25% reducing balance

Office Buildings

2% straight line

CASH AND CASH EQUIVALENTS

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TRADE DEBTORS

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

STOCKS

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

TRADE CREDITORS

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

LEASES

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

SHARE CAPITAL

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

DIVIDENDS

Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

DEFINED CONTRIBUTION PENSION OBLIGATION

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 October 2024

131,892

96,749

527,194

Additions

-

-

-

At 30 September 2025

131,892

96,749

527,194

DEPRECIATION

At 1 October 2024

-

60,924

401,454

Charge for year

-

1,935

34,738

At 30 September 2025

-

62,859

436,192

NET BOOK VALUE

At 30 September 2025

131,892

33,890

91,002

At 30 September 2024

131,892

35,825

125,740

Fixtures

and

Motor

Office

fittings

vehicles

buildings

Totals

£

£

£

£

COST

At 1 October 2024

58,155

22,913

94,388

931,291

Additions

5,799

-

-

5,799

At 30 September 2025

63,954

22,913

94,388

937,090

DEPRECIATION

At 1 October 2024

51,251

14,104

90,159

617,892

Charge for year

1,792

2,021

1,412

41,898

At 30 September 2025

53,043

16,125

91,571

659,790

NET BOOK VALUE

At 30 September 2025

10,911

6,788

2,817

277,300

At 30 September 2024

6,904

8,809

4,229

313,399

Included within the net book value of land and buildings above is £131,892 (2024 - £131,892) in respect of freehold land and buildings and £33,890 (2024 - £35,825) in respect of long leasehold land and buildings.

6.

STOCKS

2025

2024

£

£

Raw materials and consumables

298,936

299,400

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

689,006

791,831

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

112,332

103,279

Other creditors

761,447

883,666

873,779

986,945

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

19,700

Ordinary

£1

19,700

19,700

10.

DIVIDENDS

2025(£

)

2024(£

)

Interim dividend of £10.92 (2024 - £10.92) per each Ordinary share, amounting to £200,000 (2024 - £200,000)

A shareholder waived their entitlement to dividends on 4,000 ordinary shares, resulting in dividends paid of £160,000 during the year

160,000

160,000

DIRECTORS' REMUNERATION

The directors' remuneration for the year was as follows:

2025(£

)

2024(£

)

Remuneration

79,992

79,992

11.	RELATED PARTY DISCLOSURES

The following are the balance with related parties -

2025(£

)

2024(£

)

K B Rebars

57,571

57,105