Company Registration No. 05070767 (England and Wales)
COLLIER & COMPANY LTD.
Unaudited accounts
for the year ended 31 March 2019
COLLIER & COMPANY LTD.
Unaudited accounts
Contents
COLLIER & COMPANY LTD.
Company Information
for the year ended 31 March 2019
Director
Dr Mark Damian Collier
Company Number
05070767 (England and Wales)
Registered Office
Suite 209
28-42 Clements Road
Ilford
Essex
IG1 1BA
United Kingdom
Accountants
CBM Accounting LTD
Office 324 Olympic House
28-42 Clements Road
Ilford
Essex
IG1 1BA
COLLIER & COMPANY LTD.
Statement of financial position
as at
31 March 2019
Intangible assets
35,363
41,696
Tangible assets
31,116
4,900
Cash at bank and in hand
487,906
437,739
Creditors: amounts falling due within one year
(224,900)
(222,013)
Net current assets
581,416
479,167
Total assets less current liabilities
647,895
525,763
Provisions for liabilities
Other provisions
(39,575)
-
Net assets
608,320
525,763
Called up share capital
100
100
Profit and loss account
608,220
525,663
Shareholders' funds
608,320
525,763
For the year ending 31 March 2019 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 director acknowledges his 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.
Approved by the Board on 7 November 2019.
Dr Mark Damian Collier
Director
Company Registration No. 05070767
COLLIER & COMPANY LTD.
Notes to the Accounts
for the year ended 31 March 2019
COLLIER & COMPANY LTD. is a private company, limited by shares, registered in England and Wales, registration number 05070767. The registered office is Suite 209, 28-42 Clements Road, Ilford, Essex, IG1 1BA, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance Method
Motor vehicles
20% Reducing Balance Method
Computer equipment
20% Reducing Balance Method
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
COLLIER & COMPANY LTD.
Notes to the Accounts
for the year ended 31 March 2019
4
Intangible fixed assets
Goodwill
Charge for the year
6,333
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2018
10,501
39,234
1,248
2,163
53,146
Additions
-
33,995
-
-
33,995
At 31 March 2019
10,501
73,229
1,248
2,163
87,141
At 1 April 2018
10,317
35,974
1,248
707
48,246
Charge for the year
37
7,451
-
291
7,779
At 31 March 2019
10,354
43,425
1,248
998
56,025
At 31 March 2019
147
29,804
-
1,165
31,116
At 31 March 2018
184
3,260
-
1,456
4,900
Finished goods
2,118
2,118
Trade debtors
312,905
257,936
Other debtors
3,387
3,387
COLLIER & COMPANY LTD.
Notes to the Accounts
for the year ended 31 March 2019
8
Creditors: amounts falling due within one year
2019
2018
Trade creditors
32,176
35,297
Taxes and social security
112,214
102,197
Other creditors
80,510
84,519
9
Provisions for liabilities
£
Additional provisions made during the period
39,575
'Other Provision' of £39,575.00 represents allowance for doubtful debt as of 31/03/2019.
10
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Transactions with related parties
At the balance sheet date, the company owed director Dr M Collier .£80,510.00
The ultimate controlling party is the director Dr M Collier by virtue of his holding 100% of the issued share capital.
13
Average number of employees
During the year the average number of employees was 7 (2018: 6).