ACCOUNTS - Final Accounts preparation

Registered number: 12194778

GEORGE COLLINS REAL ESTATE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

GEORGE COLLINS REAL ESTATE LIMITED

REGISTERED NUMBER: 12194778

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

	2026	2026	2025	2025
Note	£	£	£	£

Fixed assets
Tangible assets	4		169		211
			169		211
Current assets
Debtors: amounts falling due within one year	5	25,000		257,727
Cash at bank and in hand		326,674		138,416
		351,674		396,143
Current liabilities
Creditors: Amounts Falling Due Within One Year	6	(9,125)		(21,621)
Net current assets			342,549		374,522
Total assets less current liabilities			342,718		374,733

Net assets			342,718		374,733

Capital and reserves
Called up share capital	100	100
Profit and loss account	342,618	374,633
	342,718	374,733

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GEORGE COLLINS REAL ESTATE LIMITED

REGISTERED NUMBER: 12194778

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2026.

G M Collins

Director

The notes on pages 3 to 6 form part of these financial statements.

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GEORGE COLLINS REAL ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

George Collins Real Estate Limited is a private company limited by shares and registered in England & Wales. The registered office and principal place of business is 106 Chevening Road, London, NW6 6DY.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover comprises consultancy fees supplied which are recognised in accordance with the respective contracts.

2.3

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current 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 United Kingdom.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Office equipment

20%

per annum on the reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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GEORGE COLLINS REAL ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

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GEORGE COLLINS REAL ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 April 2025	716
	At 31 March 2026	716
	Depreciation
	At 1 April 2025	505
	Charge for the year on financed assets	42
	At 31 March 2026	547
	Net book value
	At 31 March 2026	169
	At 31 March 2025	211

Debtors

					2026	2025
					£	£


Trade debtors	-	2,400
Other debtors	25,000	250,000
Prepayments and accrued income	-	5,327
	25,000	257,727

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GEORGE COLLINS REAL ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	3,962	2,113
Other taxation and social security	3,141	1,625
Other creditors	22	15,883
Accruals	2,000	2,000
	9,125	21,621

7.	Transactions with directors

At the year end, the director was owed £22 (2025 : £15,883).
The company paid the director dividends in the year totalling £47,591 (2025: £11,500).

8.	Related party transactions
	At the year end the company was owed £25,000 (2025 : £250,000) by a related company. The loan is interest free, unsecured and repayable on demand.

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