IRIS Accounts Production v24.3.2.46 06613133 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false false true false 37258 47035 38223 37258 48000 37258 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066131332023-05-31066131332024-05-31066131332023-06-012024-05-31066131332022-05-31066131332022-06-012023-05-31066131332023-05-3106613133ns15:EnglandWales2023-06-012024-05-3106613133ns14:PoundSterling2023-06-012024-05-3106613133ns10:Director12023-06-012024-05-3106613133ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3106613133ns10:SmallEntities2023-06-012024-05-3106613133ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3106613133ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3106613133ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3106613133ns10:FullAccounts2023-06-012024-05-310661313312023-06-012024-05-3106613133ns10:Director2422023-05-3106613133ns10:Director2422022-05-3106613133ns10:Director2422022-06-012023-05-3106613133ns10:Director2422023-06-012024-05-3106613133ns10:Director2422023-05-3106613133ns10:Director22023-06-012024-05-3106613133ns10:RegisteredOffice2023-06-012024-05-3106613133ns5:CurrentFinancialInstruments2024-05-3106613133ns5:CurrentFinancialInstruments2023-05-3106613133ns5:Non-currentFinancialInstruments2024-05-3106613133ns5:Non-currentFinancialInstruments2023-05-3106613133ns5:ShareCapital2024-05-3106613133ns5:ShareCapital2023-05-3106613133ns5:RetainedEarningsAccumulatedLosses2024-05-3106613133ns5:RetainedEarningsAccumulatedLosses2023-05-3106613133ns5:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3106613133ns5:PlantMachinery2023-06-012024-05-3106613133ns5:FurnitureFittings2023-06-012024-05-3106613133ns5:MotorVehicles2023-06-012024-05-3106613133ns5:ComputerEquipment2023-06-012024-05-3106613133ns5:IntangibleAssetsOtherThanGoodwill2023-05-3106613133ns5:IntangibleAssetsOtherThanGoodwill2024-05-3106613133ns5:IntangibleAssetsOtherThanGoodwill2023-05-3106613133ns5:PlantMachinery2023-05-3106613133ns5:FurnitureFittings2023-05-3106613133ns5:MotorVehicles2023-05-3106613133ns5:ComputerEquipment2023-05-3106613133ns5:PlantMachinery2024-05-3106613133ns5:FurnitureFittings2024-05-3106613133ns5:MotorVehicles2024-05-3106613133ns5:ComputerEquipment2024-05-3106613133ns5:PlantMachinery2023-05-3106613133ns5:FurnitureFittings2023-05-3106613133ns5:MotorVehicles2023-05-3106613133ns5:ComputerEquipment2023-05-3106613133ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3106613133ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3106613133ns5:Secured2024-05-3106613133ns5:Secured2023-05-31066131331ns10:Director12023-05-31066131331ns10:Director12022-05-31066131331ns10:Director12023-06-012024-05-31066131331ns10:Director12022-06-012023-05-31066131331ns10:Director12024-05-31066131331ns10:Director12023-05-31
REGISTERED NUMBER: 06613133 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Country Blinds & Awnings Ltd

Country Blinds & Awnings Ltd (Registered number: 06613133)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

Country Blinds & Awnings Ltd

Company Information
for the year ended 31 May 2024







DIRECTORS: P Castelow
Mrs L D Castelow





REGISTERED OFFICE: Unit 3.2 Flex Space
Burley Hill Trading Estate
Argie Road, Off Burley Road
Leeds
West Yorkshire
LS4 2PU





REGISTERED NUMBER: 06613133 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

Country Blinds & Awnings Ltd (Registered number: 06613133)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 35,089 45,535
35,089 45,535

CURRENT ASSETS
Stocks 24,025 20,633
Debtors 6 43,670 73,866
Cash at bank and in hand 15,554 56,712
83,249 151,211
CREDITORS
Amounts falling due within one year 7 80,365 84,809
NET CURRENT ASSETS 2,884 66,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,973

111,937

CREDITORS
Amounts falling due after more than one
year

8

(49,837

)

(47,047

)

PROVISIONS FOR LIABILITIES - (2,571 )
NET (LIABILITIES)/ASSETS (11,864 ) 62,319

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,964 ) 62,219
SHAREHOLDERS' FUNDS (11,864 ) 62,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Country Blinds & Awnings Ltd (Registered number: 06613133)

Balance Sheet - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:





Mrs L D Castelow - Director


Country Blinds & Awnings Ltd (Registered number: 06613133)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Country Blinds & Awnings 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.

Turnover
Turnover represents amounts invoiced in the year in respect of the manufacture, retail and installation of blinds, curtains and awnings.

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.

Business intellectual property is fully amortised in the accounts.

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 - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 Statement of Income and Retained Earnings, 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.

Country Blinds & Awnings Ltd (Registered number: 06613133)

Notes to the Financial Statements - continued
for the year ended 31 May 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.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

Going concern
The company has a negative balance sheet and has made a loss for the year. Despite the current position, the directors are of the opinion, taking into account all of the information that could reasonably be expected to be available to them, that it is appropriate to prepare the financial statements on the going concern basis. Should this not be the case, adjustments would have to be made to reduce the values of net assets to their recoverable amount, to provide for any further liabilities which may arise and to reclassify fixed assets as current assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 June 2023
and 31 May 2024 1,500
AMORTISATION
At 1 June 2023
and 31 May 2024 1,500
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 27,031 4,678 73,430 6,215 111,354
DEPRECIATION
At 1 June 2023 17,448 4,040 38,405 5,926 65,819
Charge for year 1,437 159 8,756 94 10,446
At 31 May 2024 18,885 4,199 47,161 6,020 76,265
NET BOOK VALUE
At 31 May 2024 8,146 479 26,269 195 35,089
At 31 May 2023 9,583 638 35,025 289 45,535

Country Blinds & Awnings Ltd (Registered number: 06613133)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 27,778 29,445
Other debtors 15,892 44,421
43,670 73,866

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 7,210 7,211
Trade creditors 18,447 17,064
Taxation and social security 10,425 15,877
Other creditors 34,283 34,657
80,365 84,809

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 10,833 20,833
Hire purchase contracts 19,004 26,214
Other creditors 20,000 -
49,837 47,047

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase contracts 26,214 33,425
Factored debts 24,097 24,909
50,311 58,334

Hire purchase is secured over the assets being financed.

Factors advances are secured by a fixed and floating charge over the assets of the company.

10. FINANCIAL COMMITMENTS

The total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £134,213 (2023 - £155,913).

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
Mrs L D Castelow and P Castelow
Balance outstanding at start of year 37,258 47,035
Amounts advanced - 38,223
Amounts repaid (37,258 ) (48,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 37,258

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Country Blinds & Awnings Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Country Blinds & Awnings Ltd for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Country Blinds & Awnings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Country Blinds & Awnings Ltd and state those matters that we have agreed to state to the Board of Directors of Country Blinds & Awnings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Country Blinds & Awnings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Country Blinds & Awnings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Country Blinds & Awnings Ltd. You consider that Country Blinds & Awnings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Country Blinds & Awnings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


20 February 2025