The most common and most likely answer to this crossword clue is the 5 plus 5 letter word WATER BUTTS
I've seen this crossword clue in The Daily Telegraph
W
A
T
E
R
B
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T
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S
More clues leading to the result WATER BUTTS
Buddy explains!

The straight part
We know that "barrels for collection" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case barrels for collection = water butts.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.