COLLINGS BROTHERS OF ABBOTSLEY LIMITED

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

COLLINGS BROTHERS OF ABBOTSLEY LIMITED - Company Information

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COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Company Registration Number:
00559255 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 258,465 319,351
Investments: 4 200,000 200,000
Total fixed assets: 458,465 519,351
Current assets
Stocks: 2,673,172 2,207,817
Debtors: 5 764,313 439,226
Cash at bank and in hand: 62,705 601,354
Total current assets: 3,500,190 3,248,397
Creditors: amounts falling due within one year: 6 (2,813,711) (2,295,539)
Net current assets (liabilities): 686,479 952,858
Total assets less current liabilities: 1,144,944 1,472,209
Creditors: amounts falling due after more than one year: 7 0 (578)
Provision for liabilities: (19,121) (19,121)
Total net assets (liabilities): 1,125,823 1,452,510
Capital and reserves
Called up share capital: 53,937 53,937
Share premium account: 14,463 14,463
Other reserves: (7,515) (7,515)
Profit and loss account: 1,064,938 1,391,625
Shareholders funds: 1,125,823 1,452,510

The notes form part of these financial statements

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 September 2022
and signed on behalf of the board by:

Name: Jason Weston
Status: Director

The notes form part of these financial statements

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 24 28

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 999,507
Additions 2,405
Disposals (42,689)
At 31 December 2021 959,223
Depreciation
At 01 January 2021 680,156
Charge for year 48,663
On disposals (28,061)
At 31 December 2021 700,758
Net book value
At 31 December 2021 258,465
At 31 December 2020 319,351

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Fixed investments

The fixed investment property is carried at a fair value determined annually by the directors. No depreciation is provided.

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors

2021 2020
££
Debtors due after more than one year: 0 0

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Creditors: amounts falling due within one year note

Obligations under finance leases and hire purchase contracts of £975 (2020: £21,104) are secured against the assets to which they relate

COLLINGS BROTHERS OF ABBOTSLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7. Creditors: amounts falling due after more than one year note

Obligations under finance lease and hire purchase contracts of £Nil (2020: £578) are secured against the assets to which they relate.