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REGISTERED NUMBER: 09303189 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

COUNTYCLEAN HOLDINGS LTD

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)






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 HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: M J V Walker
Mrs D L Walker





SECRETARY: Mrs D L Walker





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





REGISTERED NUMBER: 09303189 (England and Wales)





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

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,512,043 2,720,511
Investments 5 103 103
2,512,146 2,720,614

CURRENT ASSETS
Debtors 6 226,523 272,240
Cash at bank 20,129 450,960
246,652 723,200
CREDITORS
Amounts falling due within one year 7 (2,976,083 ) (3,330,268 )
NET CURRENT LIABILITIES (2,729,431 ) (2,607,068 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(217,285

)

113,546

CREDITORS
Amounts falling due after more than one
year

8

(664,510

)

(995,929

)
NET LIABILITIES (881,795 ) (882,383 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 163,229 149,375
Retained earnings (1,045,124 ) (1,031,858 )
SHAREHOLDERS' FUNDS (881,795 ) (882,383 )

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 HOLDINGS LTD (REGISTERED NUMBER: 09303189)

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

1. STATUTORY INFORMATION

Countyclean Holdings Ltd 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 as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Depreciation
The company exercises judgement to determine useful lives and residual values of property, plant and equipment. The assets are depreciated down to their residual values over their estimated useful lives.

Revaluation
The entity exercises judgement to determine the value of commercial vehicles at the year end. Commercial vehicles are specialised equipment measured at market value.

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

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)

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

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible assets (fixtures and fittings and motor vehicles) 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.

Fixtures and fittings - 20% straight line
Motor vehicles - 10% straight line
Commercial vehicles - 10% 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.

Commercial vehicles are initially measured at cost. Subsequently commercial vehicles whose fair value can be measured reliably are measured at fair value. If an asset’s carrying amount is increased as a result of a revaluation, the increase shall be recognised in other comprehensive income and accumulated in equity.
However, the increase shall be recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss.

The decrease of an asset’s carrying amount as a result of a revaluation shall be recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity, in respect of that asset. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Lease incentives are recognised over the lease term on a straight line basis.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Commercial
fittings vehicles Vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2023 181,068 199,370 2,560,262 2,940,700
Additions - 236,296 211,203 447,499
Disposals - (120,576 ) (331,500 ) (452,076 )
Revaluations - - (204,120 ) (204,120 )
At 30 April 2024 181,068 315,090 2,235,845 2,732,003
DEPRECIATION
At 1 May 2023 176,170 44,009 10 220,189
Charge for year 2,186 40,400 270,439 313,025
Eliminated on disposal - (42,931 ) (33,150 ) (76,081 )
Revaluation adjustments - - (237,173 ) (237,173 )
At 30 April 2024 178,356 41,478 126 219,960
NET BOOK VALUE
At 30 April 2024 2,712 273,612 2,235,719 2,512,043
At 30 April 2023 4,898 155,361 2,560,252 2,720,511

Cost or valuation at 30 April 2024 is represented by:

Fixtures
and Motor Commercial
fittings vehicles Vehicles Totals
£    £    £    £   
Valuation in 2019 - - (103,366 ) (103,366 )
Valuation in 2020 - - (75,678 ) (75,678 )
Valuation in 2021 - - (197,294 ) (197,294 )
Valuation in 2022 - - (182,939 ) (182,939 )
Valuation in 2023 - - (202,080 ) (202,080 )
Valuation in 2024 - - (204,120 ) (204,120 )
Cost 181,068 315,090 3,201,322 3,697,480
181,068 315,090 2,235,845 2,732,003

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)

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

4. TANGIBLE FIXED ASSETS - continued

If commercial vehicles had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 3,201,240 3,322,137
Aggregate depreciation 1,391,976 1,121,536

Commercial vehicles were valued on an open market basis on 30 April 2024 by O'C Mechanical Services Ltd .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
and Motor Commercial
fittings vehicles Vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2023 47,441 148,370 2,560,262 2,756,073
Additions - 236,296 210,603 446,899
Disposals - (120,576 ) (331,500 ) (452,076 )
Revaluations - - (204,120 ) (204,120 )
At 30 April 2024 47,441 264,090 2,235,245 2,546,776
DEPRECIATION
At 1 May 2023 47,441 40,184 10 87,635
Charge for year - 35,300 270,439 305,739
Eliminated on disposal - (42,931 ) (33,150 ) (76,081 )
Revaluation adjustments - - (237,173 ) (237,173 )
At 30 April 2024 47,441 32,553 126 80,120
NET BOOK VALUE
At 30 April 2024 - 231,537 2,235,119 2,466,656
At 30 April 2023 - 108,186 2,560,252 2,668,438

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 103
NET BOOK VALUE
At 30 April 2024 103
At 30 April 2023 103

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 174,324 219,970
Other debtors 52,199 52,270
226,523 272,240

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 616,827 614,155
Amounts owed to group undertakings 2,357,886 2,694,566
Taxation and social security - 20,088
Other creditors 1,370 1,459
2,976,083 3,330,268

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 664,510 995,929

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1 May 2023 149,375
Revaluation reserve 13,854

At 30 April 2024 163,229

11. 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

12. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements - 531,854

COUNTYCLEAN HOLDINGS LTD (REGISTERED NUMBER: 09303189)

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

13. RELATED PARTY DISCLOSURES

At the balance sheet date a total of £2,357,885 (2023: £2,694,566) was owed to subsidiary companies and £174,324 (2023: £219,970) was due from subsidiary companies. The balances resulting from costs paid on behalf of the parent/subsidiary companies.