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REGISTERED NUMBER: 10066581 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

COUNTYCLEAN WASTE RECYCLING LIMITED

COUNTYCLEAN WASTE RECYCLING LIMITED (REGISTERED NUMBER: 10066581)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COUNTYCLEAN WASTE RECYCLING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: M J V Walker
Mrs D L Walker
Mrs D C Prince





REGISTERED OFFICE: Pacific House
Sovereign Harbour Innovation Park
Eastbourne
East Sussex
BN23 6FA





REGISTERED NUMBER: 10066581 (England and Wales)





AUDITORS: Watson Associates (Audit Services) Ltd
Statutory Auditor
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

COUNTYCLEAN WASTE RECYCLING LIMITED (REGISTERED NUMBER: 10066581)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,286 8,040

CURRENT ASSETS
Debtors 5 235,752 241,046
Cash at bank 8,858 62,387
244,610 303,433
CREDITORS
Amounts falling due within one year 6 (245,656 ) (308,458 )
NET CURRENT LIABILITIES (1,046 ) (5,025 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,240

3,015

PROVISIONS FOR LIABILITIES (1,571 ) (2,010 )
NET ASSETS 3,669 1,005

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 3,668 1,004
SHAREHOLDERS' FUNDS 3,669 1,005

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by:





M J V Walker - Director


COUNTYCLEAN WASTE RECYCLING LIMITED (REGISTERED NUMBER: 10066581)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Countyclean Waste Recycling 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.

Critical accounting judgements and key sources of estimation uncertainty
No significant judgements have had to be made by management in preparing these financial statements.There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; and when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 20% straight line

The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


COUNTYCLEAN WASTE RECYCLING LIMITED (REGISTERED NUMBER: 10066581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 11,886
DEPRECIATION
At 1 May 2023 3,846
Charge for year 1,754
At 30 April 2024 5,600
NET BOOK VALUE
At 30 April 2024 6,286
At 30 April 2023 8,040

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 93,488 63,581
Amounts owed by group undertakings 137,568 173,078
Other debtors 4,696 4,387
235,752 241,046

COUNTYCLEAN WASTE RECYCLING LIMITED (REGISTERED NUMBER: 10066581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 28,273 24,519
Trade creditors 27,156 39,512
Amounts owed to group undertakings 162,325 207,971
Taxation and social security 26,102 34,656
Other creditors 1,800 1,800
245,656 308,458

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Charles Males (Senior Statutory Auditor)
for and on behalf of Watson Associates (Audit Services) Ltd

9. RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £162,325 (2023: £207,971) was owed to the parent company.
Management charges amounted to £nil (2023: £nil).

During the year sales to group companies totalled £nil (2023: £nil); purchases from group companies totalled £nil (2023: £nil); management charges amounted to £415,000 (2023: £240,000); and, costs recharged from fellow group companies amounted to £171,269 (2023: £141,458). At the balance sheet date amounts owed from group companies totalled £137,568 (2023: £173,078). At the balance sheet date amounts due to group companies totalled £nil (2023: £nil).