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COMPANY REGISTRATION NUMBER: 15362779

N Collings Construction Limited

Unaudited financial statements

31 December 2025

N Collings Construction Limited

Statement of financial position

31 December 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 5,334 |  | 9,334
Tangible assets | 6 |  | 1 |  | 1
|  | ------ |  | ------
|  | 5,335 |  | 9,335

Current assets

Debtors | 7 | 22,809 |  | 250 |
Cash at bank and in hand | 27,776 |  | 30,703 |
| ------- |  | ------- |
| 50,585 |  | 30,953 |

Creditors: Amounts falling due within one year | 8 | ( 12,760) |  | ( 20,507) |
| ------- |  | ------- |
Net current assets |  | 37,825 |  | 10,446
|  | ------- |  | -------
Total assets less current liabilities |  | 43,160 |  | 19,781
|  | ------- |  | -------
Net assets |  | 43,160 |  | 19,781
|  | ------- |  | -------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 43,060 |  | 19,681
|  | ------- |  | -------
Shareholders funds |  | 43,160 |  | 19,781
|  | ------- |  | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 December 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 were approved by the board of directors and authorised for issue on 3 April 2026 , and are signed on behalf of the board by:

N Collings | G Collings
Director | Director

Company registration number: 15362779

N Collings Construction Limited

Notes to the financial statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Mill Road, Tibenham, Norfolk, NR16 1QE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows: When the outcome of a transaction can be estimated reliably, turnover from the rendering of services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to resources used to date. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 33% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
4. Employee numbers
The average number of employees during the year was 2 (2024: 2 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 January 2025 and 31 December 2025 | 12,000
| -------
Amortisation |
At 1 January 2025 | 2,666
Charge for the year | 4,000
| -------
At 31 December 2025 | 6,666
| -------
Carrying amount |
At 31 December 2025 | 5,334
| -------
At 31 December 2024 | 9,334
| -------

6. Tangible assets

| Plant and machinery
| £
Cost |
At 1 January 2025 and 31 December 2025 | 1
| ----
Depreciation |
At 1 January 2025 and 31 December 2025 | –
| ----
Carrying amount |
At 31 December 2025 | 1
| ----
At 31 December 2024 | 1
| ----

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 640 | 250
Other debtors | 22,169 | –
| ------- | ----
| 22,809 | 250
| ------- | ----

8. Creditors: Amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 390 | –
Social security and other taxes | 10,270 | 5,320
Other creditors | 2,100 | 15,187
| ------- | -------
| 12,760 | 20,507
| ------- | -------

9. Directors' advances, credits and guarantees
At the balance sheet date, included within debtors is an amount of £22,169 (2024: £Nil) which is owed to the company by the directors. Interest has been charged on the loan at the official rate.