REGISTERED NUMBER: 07521772 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Collins Hardware Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S R May

Mrs A Grimstone-Jones

Mrs J E Grimstone-Jones

REGISTERED OFFICE:

4 Reading Road

Pangbourne

Reading

Berkshire

RG8 7LY

REGISTERED NUMBER:

07521772 (England and Wales)

ACCOUNTANTS:

Geoffrey Cole & Co

4 Reading Road

Pangbourne

Reading

Berkshire

RG8 7LY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

157

383

157

383

CURRENT ASSETS

Stocks

48,744

62,107

Debtors

6

80,001

16,135

Cash at bank and in hand

12,350

49,173

141,095

127,415

CREDITORS

Amounts falling due within one year

7

109,017

47,225

NET CURRENT ASSETS

32,078

80,190

TOTAL ASSETS LESS CURRENT LIABILITIES

32,235

80,573

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

32,225

80,563

SHAREHOLDERS' FUNDS

32,235

80,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

S R May - Director

1.	STATUTORY INFORMATION

Collins Hardware 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.

The financial statements have been prepared on a going concern basis, which assumes the company will continue in operational existence, and will be able to meet its liabilities as they fall due, for a period of at least twelve months from the date of approval of the financial statements.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a former business, is amortised in equal instalments over 10 years, being the director's estimate of its useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Computer equipment

-

33% 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 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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

4,829

AMORTISATION

At 1 April 2025

and 31 March 2026

4,829

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

4,853

DEPRECIATION

At 1 April 2025

4,470

Charge for year

226

At 31 March 2026

4,696

NET BOOK VALUE

At 31 March 2026

157

At 31 March 2025

383

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

725

1,370

Amounts recoverable on contract

7,190

7,599

Other debtors

72,086

7,166

80,001

16,135

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

8,755

22,585

Taxation and social security

8,393

7,973

Other creditors

91,869

16,667

109,017

47,225

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

36,250

31,000

Between one and five years

145,000

-

In more than five years

187,500

-

368,750

31,000

9.	SECURED DEBTS

The company has a bank overdraft facility of £5,000 which is personally guaranteed by the Director, S R May.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2026 SR & Mrs JS May owed the company £44,615. The maximum outstanding during the period was £87,927. This loan is interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S R May by virtue of his shareholdings.