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REGISTERED NUMBER: 03976478 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

COUNTY TEXTILE SERVICES LIMITED

COUNTY TEXTILE SERVICES LIMITED (REGISTERED NUMBER: 03976478)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COUNTY TEXTILE SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: M J Robinson
Mrs C M Robinson





SECRETARY: Mrs C M Robinson





REGISTERED OFFICE: Winstone
Barns Lane
Burford
Oxfordshire
OX18 4NE





REGISTERED NUMBER: 03976478 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

COUNTY TEXTILE SERVICES LIMITED (REGISTERED NUMBER: 03976478)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 214,415 170,836

CURRENT ASSETS
Stocks 72,060 47,347
Debtors 5 267,397 229,968
Cash at bank and in hand 476,782 323,357
816,239 600,672
CREDITORS
Amounts falling due within one year 6 (215,515 ) (128,605 )
NET CURRENT ASSETS 600,724 472,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

815,139

642,903

PROVISIONS FOR LIABILITIES 7 (182,600 ) (193,580 )
NET ASSETS 632,539 449,323

CAPITAL AND RESERVES
Called up share capital 8 20,000 20,000
Retained earnings 612,539 429,323
SHAREHOLDERS' FUNDS 632,539 449,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 TEXTILE SERVICES LIMITED (REGISTERED NUMBER: 03976478)

BALANCE SHEET - continued
30 April 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





M J Robinson - Director


COUNTY TEXTILE SERVICES LIMITED (REGISTERED NUMBER: 03976478)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

County Textile Services 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.

Significant judgements and estimates
No significant judgements or estimations have been used in preparing the financial statements.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

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 profit and loss account, 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.

COUNTY TEXTILE SERVICES LIMITED (REGISTERED NUMBER: 03976478)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 37 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 619,315 41,284 63,314 30,498 754,411
Additions 37,330 1,211 71,329 7,536 117,406
At 30 April 2024 656,645 42,495 134,643 38,034 871,817
DEPRECIATION
At 1 May 2023 471,248 33,261 55,715 23,351 583,575
Charge for year 46,352 1,384 18,245 7,846 73,827
At 30 April 2024 517,600 34,645 73,960 31,197 657,402
NET BOOK VALUE
At 30 April 2024 139,045 7,850 60,683 6,837 214,415
At 30 April 2023 148,067 8,023 7,599 7,147 170,836

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 220,369 195,904
Other debtors 47,028 34,064
267,397 229,968

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,265 30,972
Taxation and social security 149,656 92,194
Other creditors 18,594 5,439
215,515 128,605

COUNTY TEXTILE SERVICES LIMITED (REGISTERED NUMBER: 03976478)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 53,600 37,580
Other provisions 129,000 156,000
182,600 193,580

Deferred Other
tax provisions
£    £   
Balance at 1 May 2023 37,580 156,000
Charge/(credit) to Income Statement during year 16,020 (27,000 )
Balance at 30 April 2024 53,600 129,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
20,000 Ordinary £1 20,000 20,000

9. RELATED PARTY DISCLOSURES

The company was under the control of Mr M J Robinson throughout the year.