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REGISTERED NUMBER: 09646809 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

COUNTRY INTERESTS LIMITED

COUNTRY INTERESTS LIMITED (REGISTERED NUMBER: 09646809)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COUNTRY INTERESTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTOR: L B Clarke





SECRETARY: L B Clarke





REGISTERED OFFICE: 121 Dale Cottage The Dale
Ashley
Market Drayton
Shropshire
TF9 4NQ





REGISTERED NUMBER: 09646809 (England and Wales)

COUNTRY INTERESTS LIMITED (REGISTERED NUMBER: 09646809)

BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 422,008 6,006

CURRENT ASSETS
Stocks 15,161 154,142
Debtors 5 214,238 194,463
Cash at bank 546,389 33,065
775,788 381,670
CREDITORS
Amounts falling due within one year 6 294,436 302,779
NET CURRENT ASSETS 481,352 78,891
TOTAL ASSETS LESS CURRENT LIABILITIES 903,360 84,897

CREDITORS
Amounts falling due after more than one year 7 32,869 38,426
NET ASSETS 870,491 46,471

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 870,488 46,468
SHAREHOLDERS' FUNDS 870,491 46,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2023 and were signed by:




L B Clarke - Director


COUNTRY INTERESTS LIMITED (REGISTERED NUMBER: 09646809)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Country Interests Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

COUNTRY INTERESTS LIMITED (REGISTERED NUMBER: 09646809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2022 - - 3,943
Additions 261,135 9,117 3,083
At 30 June 2023 261,135 9,117 7,026
DEPRECIATION
At 1 July 2022 - - 657
Charge for year - 1,525 881
At 30 June 2023 - 1,525 1,538
NET BOOK VALUE
At 30 June 2023 261,135 7,592 5,488
At 30 June 2022 - - 3,286

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 1,000 4,633 9,576
Additions 151,260 - 424,595
At 30 June 2023 152,260 4,633 434,171
DEPRECIATION
At 1 July 2022 42 2,871 3,570
Charge for year 5,833 354 8,593
At 30 June 2023 5,875 3,225 12,163
NET BOOK VALUE
At 30 June 2023 146,385 1,408 422,008
At 30 June 2022 958 1,762 6,006

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 214,238 194,463

COUNTRY INTERESTS LIMITED (REGISTERED NUMBER: 09646809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 222 120,418
Taxation and social security 277,770 71,525
Other creditors 10,888 105,280
294,436 302,779

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 32,869 38,426

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,646 16,203