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Company Registration No. 07741456 (England and Wales)
County Epos Limited Unaudited accounts for the year ended 31 July 2023
County Epos Limited Unaudited accounts Contents
Page
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County Epos Limited Company Information for the year ended 31 July 2023
Director
Oliver Hammond
Secretary
Oliver Hammond
Company Number
07741456 (England and Wales)
Registered Office
12 DORCHESTER ROAD OAKDALE POOLE DORSET BH15 3JY ENGLAND
Accountants
Thyme Accounting Services Limited Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX
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County Epos Limited Accountants' report
Accountants' report to the director of County Epos Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of County Epos Limited for the year ended 31 July 2023 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of County Epos Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of County Epos Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than County Epos Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that County Epos Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of County Epos Limited. You consider that County Epos Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of County Epos Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thyme Accounting Services Limited Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX 23 November 2023
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County Epos Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
158,892 
91,801 
Current assets
Inventories
20,000 
20,000 
Debtors
426,854 
441,546 
Cash at bank and in hand
61,913 
21,789 
508,767 
483,335 
Creditors: amounts falling due within one year
(305,554)
(337,753)
Net current assets
203,213 
145,582 
Total assets less current liabilities
362,105 
237,383 
Creditors: amounts falling due after more than one year
(306,683)
(230,149)
Net assets
55,422 
7,234 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
55,412 
7,224 
Shareholders' funds
55,422 
7,234 
For the year ending 31 July 2023 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.
The financial statements were approved by the Board and authorised for issue on 23 November 2023 and were signed on its behalf by
Oliver Hammond Director Company Registration No. 07741456
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County Epos Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
County Epos Limited is a private company, limited by shares, registered in England and Wales, registration number 07741456. The registered office is 12 DORCHESTER ROAD, OAKDALE, POOLE, DORSET, BH15 3JY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
25 % reducing balance
Motor vehicles
25 % reducing balance
Fixtures & fittings
25 % reducing balance
Computer equipment
25 % reducing balance
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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County Epos Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
15,089 
216,653 
34,221 
265,963 
Additions
- 
123,079 
1,724 
124,803 
Disposals
- 
(82,365)
- 
(82,365)
At 31 July 2023
15,089 
257,367 
35,945 
308,401 
Depreciation
At 1 August 2022
12,280 
135,395 
26,487 
174,162 
Charge for the year
702 
24,830 
2,417 
27,949 
On disposals
- 
(52,602)
- 
(52,602)
At 31 July 2023
12,982 
107,623 
28,904 
149,509 
Net book value
At 31 July 2023
2,107 
149,744 
7,041 
158,892 
At 31 July 2022
2,809 
81,258 
7,734 
91,801 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
166,438 
181,130 
Other debtors
260,416 
260,416 
426,854 
441,546 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
60,726 
VAT
62,910 
69,231 
Obligations under finance leases and hire purchase contracts
- 
10,771 
Trade creditors
96,845 
106,978 
Taxes and social security
137,535 
84,880 
Other creditors
7,707 
4,623 
Loans from directors
57 
44 
Accruals
500 
500 
305,554 
337,753 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
188,462 
176,842 
Obligations under finance leases and hire purchase contracts
118,221 
53,307 
306,683 
230,149 
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County Epos Limited Notes to the Accounts for the year ended 31 July 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
9 Ordinary shares of £1 each
9 
9 
1 Ordinary A shares of £1 each
1 
1 
10 
10 
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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