Company Registration No. SC682426 (Scotland)
Collective Text Ltd
Unaudited accounts
for the year ended 31 December 2025
Collective Text Ltd
Unaudited accounts
Contents
Collective Text Ltd
Company Information
for the year ended 31 December 2025
Directors
Ciaran Alexander Stewart
Elliot Andrew Webster-Mockett
Amy Frances Joanne Cheskin
Seo hye Lee
Kirin Saeed
Hannah Wallis
Company Number
SC682426 (Scotland)
Registered Office
#322 60-64 OSBORNE STREET
Southblock Studios
GLASGOW
G1 5QH
SCOTLAND
Accountants
Andrea Mcewen
AMS Accounting
3 High Street
KIRRIEMUIR
ANGUS
DD84EY
Collective Text Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
6,253
9,030
Cash at bank and in hand
4,285
3,734
Creditors: amounts falling due within one year
(14,347)
(13,920)
Net current liabilities
(9,264)
(8,503)
Net (liabilities)/assets
(3,011)
527
Profit and loss account
(3,011)
527
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by
Ciaran Alexander Stewart
Director
Company Registration No. SC682426
Collective Text Ltd
Notes to the Accounts
for the year ended 31 December 2025
Collective Text Ltd is a private company, limited by guarantee, registered in Scotland, registration number SC682426. The registered office is #322 60-64 OSBORNE STREET, Southblock Studios, GLASGOW, G1 5QH, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment
At 31 December 2025
15,554
Amounts falling due within one year
Accrued income and prepayments
798
666
Collective Text Ltd
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
8,326
8,326
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).