Collins Property & Developments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13400166 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2026

for

Collins Property & Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr David Collins

Mrs Claire Collins

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

13400166 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

90

120

Investment property

5

1,719,000

1,610,000

1,719,090

1,610,120

CURRENT ASSETS

Debtors

6

-

4,750

Cash at bank

21,005

3,148

21,005

7,898

CREDITORS

Amounts falling due within one year

7

4,933

3,462

NET CURRENT ASSETS

16,072

4,436

TOTAL ASSETS LESS CURRENT LIABILITIES

1,735,162

1,614,556

CREDITORS

Amounts falling due after more than one year

8

(1,046,218

)

(1,046,218

)

PROVISIONS FOR LIABILITIES

(80,346

)

(52,765

)

NET ASSETS

608,598

515,573

CAPITAL AND RESERVES

Called up share capital

10

179,086

Share premium

11

178,986

Fair value reserve

11

237,219

155,800

Retained earnings

11

13,307

1,701

SHAREHOLDERS' FUNDS

608,598

515,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 30th September 2026 and were signed on its behalf by:

Mr David Collins - Director

1.	STATUTORY INFORMATION

Collins Property & Developments 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling (£), which is the functional currency of the company.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cash & cash equivalents definition

Cash and cash equivalents consist solely of the balance held in the company's bank current account. Cash is defined as cash on hand and demand deposits, while cash equivalents are short term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. The company does not hold any short term investments and does not operate an overdraft facility.

Critical judgements & estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

The principal source of estimation uncertainty relates to the valuation of investment properties. Investment properties are carried at fair value and are revalued annually based on the directors' assessment of market values at the reporting date. The fair value of the investment properties at 30 April 2026 was £1,719,000 (2025: £1,610,000). The valuation is inherently subjective and is based on assumptions regarding market conditions, comparable property transactions, rental yields and the condition of the properties. Changes in these assumptions could result in material adjustments to the carrying value of the investment properties and the related deferred tax provision.

Going concern

The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the director has considered the future cashflow of the company and is not aware of any reason why the company will not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued to adopt the going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st May 2025

and 30th April 2026

190

DEPRECIATION

At 1st May 2025

70

Charge for year

30

At 30th April 2026

100

NET BOOK VALUE

At 30th April 2026

90

At 30th April 2025

120

The company had no operating lease commitments at the balance sheet date.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2025

1,610,000

Revaluations

109,000

At 30th April 2026

1,719,000

NET BOOK VALUE

At 30th April 2026

1,719,000

At 30th April 2025

1,610,000

Fair value at 30th April 2026 is represented by:

£

Valuation in 2023

60,000

Valuation in 2024

42,589

Valuation in 2025

105,976

Valuation in 2026

109,000

Cost

1,401,435

1,719,000

If the investment properties had not been revalued they would have been included at the following historical cost:

30.4.26

30.4.25

£

Cost

1,401,435

The investment properties were valued on an open market basis on 30th April 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Directors' current accounts

-

4,750

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade creditors

-

186

Tax

3,025

1,836

Directors' current accounts

395

-

Accrued expenses

1,513

1,440

4,933

3,462

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

Bank loans - 1-2 years

141,575

-

Bank loans - 2-5 years

-

141,575

Bank loans more 5 yrs non-inst

904,643

1,046,218

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

904,643

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.26

30.4.25

£

Bank loans

1,046,218

The bank loans are secured by legal charges over certain investment properties owned by the Company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

89,543

Ordinary A

£1

89,543

Ordinary B

£1

89,543

179,086

11.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

At 1st May 2025

1,701

178,986

155,800

336,487

Profit for the year

94,025

Dividends

(1,000

)

(1,000

)

Assets revalued in period

(81,419

)

-

81,419

-

At 30th April 2026

13,307

178,986

237,219

429,512

12.	CONTINGENT LIABILITIES

There were no contingent liabilities or capital commitments at the balance sheet date.

13.	RELATED PARTY DISCLOSURES

At the balance sheet date, the Company owed £395 to a director (2025: £4,750 from a director). The balance is unsecured, interest-free and repayable on demand.

14.	EVENTS AFTER BALANCE SHEET DATE

There have been no events after the balance sheet date affecting the Company since the financial period.

15.	FINANCIAL INSTRUMENTS

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.Trade debtors, other debtors, cash and bank balances are initially measured at transaction price. They are subsequently measured at amortised cost, using the effective interest method, except where amounts fall due within one year, in which case they remain at the transaction price as discounting is not required for short term balances

Where payment terms extend beyond normal business terms, or the arrangement includes a financing element, the financial asset is measured at the present value of future cash flows, discounted at a market rate of interest.

Trade creditors, loans and accruals are initially recognised at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction, in which case liabilities are measured at the present value of future payments discounted at a market rate of interest.

Financial assets measured at cost or amortised cost are assessed for impairment at the reporting date. Any impairment loss is recognised in the profit and loss account. Reversals of impairment are recognised immediately when the estimated recoverable amount increases, provided the revised carrying value does not exceed the original carrying amount had no impairment occurred.

Financial assets and financial liabilities are only offset when the company has a legally enforceable right to set off the recognised amounts and intends to settle on a net basis or to realise the asset and settle the liability simultaneously.