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REGISTERED NUMBER: 11562677 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

County DIY Limited

County DIY Limited (Registered number: 11562677)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


County DIY Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: K R Worrall





REGISTERED OFFICE: 61 Stanley Road
Bootle
Merseyside
L20 7BZ





REGISTERED NUMBER: 11562677 (England and Wales)





ACCOUNTANTS: Kinsella Clarke Limited
61 Stanley Road
Bootle
Merseyside
L20 7BZ

County DIY Limited (Registered number: 11562677)

Statement of Financial Position
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 33,750 36,000
Tangible assets 5 7,279 9,704
41,029 45,704

CURRENT ASSETS
Stocks 93,000 78,000
Debtors 6 7,505 4,603
Cash at bank and in hand 1,923 9,443
102,428 92,046
CREDITORS
Amounts falling due within one year 7 86,823 58,951
NET CURRENT ASSETS 15,605 33,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,634

78,799

PROVISIONS FOR LIABILITIES 1,383 1,844
NET ASSETS 55,251 76,955

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55,151 76,855
SHAREHOLDERS' FUNDS 55,251 76,955

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

County DIY Limited (Registered number: 11562677)

Statement of Financial Position - continued
30 September 2023


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 25 January 2024 and were signed by:





K R Worrall - Director


County DIY Limited (Registered number: 11562677)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

County DIY 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

County DIY Limited (Registered number: 11562677)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 45,000
AMORTISATION
At 1 October 2022 9,000
Charge for year 2,250
At 30 September 2023 11,250
NET BOOK VALUE
At 30 September 2023 33,750
At 30 September 2022 36,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 19,709
DEPRECIATION
At 1 October 2022 10,005
Charge for year 2,425
At 30 September 2023 12,430
NET BOOK VALUE
At 30 September 2023 7,279
At 30 September 2022 9,704

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 7,505 4,603

County DIY Limited (Registered number: 11562677)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 8,898 -
Trade creditors 72,204 51,285
Taxation and social security 3,213 5,293
Other creditors 2,508 2,373
86,823 58,951

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

30.9.23 30.9.22
£    £   
K R Worrall
Balance outstanding at start of year (423 ) (307 )
Amounts advanced 34,531 28,074
Amounts repaid (34,596 ) (28,190 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (488 ) (423 )