THE_PRIVATE_COLLECTION_LI - Accounts

These financial statements for the year ended 31 July 2017 are the first financial statements of The Private Collection Limited prepared in accordance with FRS 105, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition was 1 July 2015. The revaluation reserve has been reversed and investment properties have been restated to be held at cost less depreciation. Retained earnings have been amended accordingly.

The Private Collection Limited is a private company limited by shares incorporated in England and Wales. The registered office is Proper Food and Drink Shed, Unit 2, Bicester Park, Charbridge Way, Bicester, OX26 4SS.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.