Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truetrue2024-01-01falseNo description of principal activity22truefalsefalse 02798007 2024-01-01 2024-12-31 02798007 2023-01-01 2023-12-31 02798007 2024-12-31 02798007 2023-12-31 02798007 c:CompanySecretary1 2024-01-01 2024-12-31 02798007 c:Director2 2024-01-01 2024-12-31 02798007 c:Director2 2024-12-31 02798007 c:Director3 2024-01-01 2024-12-31 02798007 c:Director4 2024-01-01 2024-12-31 02798007 c:Director4 2024-12-31 02798007 c:Director5 2024-01-01 2024-12-31 02798007 c:Director5 2024-12-31 02798007 c:Director6 2024-01-01 2024-12-31 02798007 c:Director6 2024-12-31 02798007 c:RegisteredOffice 2024-01-01 2024-12-31 02798007 d:CurrentFinancialInstruments 2024-12-31 02798007 d:CurrentFinancialInstruments 2023-12-31 02798007 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02798007 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02798007 d:ReportableOperatingSegment1 2024-01-01 2024-12-31 02798007 d:ReportableOperatingSegment1 2023-01-01 2023-12-31 02798007 d:ShareCapital 2024-12-31 02798007 d:ShareCapital 2023-12-31 02798007 d:CapitalRedemptionReserve 2024-12-31 02798007 d:CapitalRedemptionReserve 2023-12-31 02798007 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 02798007 d:RetainedEarningsAccumulatedLosses 2024-12-31 02798007 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 02798007 d:RetainedEarningsAccumulatedLosses 2023-12-31 02798007 d:RetainedEarningsAccumulatedLosses 2023-01-01 02798007 c:OrdinaryShareClass1 2024-01-01 2024-12-31 02798007 c:OrdinaryShareClass1 2024-12-31 02798007 c:OrdinaryShareClass1 2023-12-31 02798007 c:FRS102 2024-01-01 2024-12-31 02798007 c:Audited 2024-01-01 2024-12-31 02798007 c:FullAccounts 2024-01-01 2024-12-31 02798007 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02798007 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 02798007







ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED






































img77a8.png                        

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
COMPANY INFORMATION


Directors
J G Shell (resigned 9 December 2024)
P J Carr 
H Robertson (appointed 9 December 2024)
G C Brown (appointed 9 December 2024)
M Davis (appointed 9 December 2024)




Company secretary
G C Brown



Registered number
02798007



Registered office
Neighbourly Training Centre
Building 4 Brackley Campus

Buckingham Road

Brackley

Northamptonshire

NN13 7EL




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 



CONTENTS



Page
Strategic report
1
Directors' report
2 - 3
Independent auditor's report
4 - 7
Statement of income and retained earnings
8
Statement of financial position
9
Notes to the financial statements
10 - 15


 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

Introduction
 
The directors present their Strategic Report for Countrywide Grounds Maintenance Limited for the year ended 31 December 2024.
Countrywide Grounds Maintenance provides grounds maintenance services to businesses, local government, the care, health and education sectors throughout the UK. The Company prides itself on creating and maintaining safe, well maintained and attractive environments. The grounds maintenance work is undertaken by a franchised network of contractors who receive the full contract value. Countrywide Grounds Maintenance Limited generates its income from a fee to the franchisor, Countrywide Garden Maintenance Services Limited.

Business review and financial key performance indicators
 
Countrywide Grounds Maintenance operates in a very competitive environment and the company has continued to build upon its reputation for service quality and high customer service standards to retain existing business and win new customers. Consolidation in the market has not adversely affected the Company. The Company recorded a significant 9.6% increase in turnover to £43.86m (2023: £40.03m); comprising of contracted, ad-hoc and seasonal work, and the directors are satisfied with the results of the year which are in line with expectations for the company.
As at 31st December 2024 the cash and net assets were strong, standing at £11.4m (2023: £11.3m).

Principal risks and uncertainties
 
Performance in the grounds maintenance sector is affected by the weather, general market conditions and consistent pressure on margins. The company takes a risk-adverse approach to its trading activities and as such, in the short term, no particular risk is considered fundamental to the business. At the date of the approval of the annual report and financial statements there remains considerable economic uncertainty in the UK economy. Cash generation has remained strong. The Board continues to monitor the situation on a day-to-day basis and take action to mitigate the impact on the Company especially in relation to the growing challenges around cost inflation, where unavoidable price increases are to be passed on to our customers. The Company is not directly exposed to the increases in interest rates. The directors are confident that they have procedures in place to identify any risks which may arise which affect the business.

Future Development

The company continue to invest in IT to drive efficiencies across the network. The directors have invested in the Company’s bid team capability to continue to focus on growing recurring revenue from core contracted business.


This report was approved by the board and signed on its behalf.



H Robertson
Director

Date: 28 July 2025

Page 1

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation, amounted to £119,199 (2023 - £107,895).

During the period the directors did not pay any dividends to shareholders.

Directors

The directors who served during the year were:

J G Shell (resigned 9 December 2024)
P J Carr 
H Robertson (appointed 9 December 2024)
G C Brown (appointed 9 December 2024)
M Davis (appointed 9 December 2024)

Future developments

See strategic report.

Page 2

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024

Matters covered in the Strategic report

The Company has chosen in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 to set out in the Company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 it must be stated in the Directors' Report that it has done so. This includes information that would have been included in the business review and the principal risks and uncertainties.
The directors are aware of the matters set out in section 172(1)(a) to (f) (duty to promote the success of the company)
when performing their duties and do so appropriately.

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:
 
so far as the director is aware, there is no relevant audit information of which the Company's auditor is unaware, and

the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Auditor

Under section 487(2) of the Companies Act 2006Menzies LLP will be deemed to have been reappointed as auditor 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

This report was approved by the board and signed on its behalf.
 





H Robertson
Director

Date: 28 July 2025

Page 3

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 

img1c3b.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COUNTRYWIDE GROUNDS MAINTENANCE LIMITED

Opinion


We have audited the financial statements of Countrywide Grounds Maintenance Limited (the 'Company') for the year ended 31 December 2024, which comprise the Statement of income and retained earnings, the Statement of financial position and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the Company's affairs as at 31 December 2024 and of its profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern


In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.


Other information


The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.


We have nothing to report in this regard.


Page 4

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED


img377c.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COUNTRYWIDE GROUNDS MAINTENANCE LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006
 

In our opinion, based on the work undertaken in the course of the audit:


the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.


Matters on which we are required to report by exception
 

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.


We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.


Responsibilities of directors
 

As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.


Page 5

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED


img59fb.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COUNTRYWIDE GROUNDS MAINTENANCE LIMITED (CONTINUED)

Auditor's responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The Company is subject to laws and regulations that directly affect the financial statements including financial
reporting legislation, and general regulations such as health and safety. There are no industry specific laws and
regulations which would be deemed to have a significant impact on the financial statements. We assessed the extent
of compliance with the appropriate laws and regulations as part of our procedures on the related financial statement
items.

We understood how the Company is complying with the legal and regulatory frameworks by, making inquiries to
management, those responsible for legal and compliance procedures and the company secretary. We corroborated
our inquiries through our review of board minutes.

The engagement partner assessed whether the engagement team collectively had the appropriate competence and
capabilities to identify or recognize non-compliance with laws and regulations. The assessment did not identify any
issues in this area.

We assessed the susceptibility of the Company financial statements to material misstatement, including how fraud
might occur. Audit procedures performed by the engagement team included:
°Identifying and assessing the design effectiveness of controls management has in place to prevent and detect
fraud;
°Understanding how those charged with governance considered and addressed the potential for override of
controls or other inappropriate influence over the financial reporting process; 
°Challenging assumptions and judgments made by management in its significant accounting estimates; and
°Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations

As a result of the above procedures, we considered the opportunities and incentives that may exist within the
organisation for fraud and identified the greatest potential for fraud in the following areas:
°Posting of unusual journals and complex transactions.
°Misappropriation of funds through fraudulent purchase ledger and payroll activity. 
°Manipulation of amounts subject to significant judgment or estimate.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading
to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that
compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as
we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities
occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or
misrepresentation.


A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report.


Page 6

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED


img2829.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COUNTRYWIDE GROUNDS MAINTENANCE LIMITED (CONTINUED)

Use of our report
 

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.





Andrew Galliers FCA (Senior statutory auditor)
  
for and on behalf of
Menzies LLP
 
Chartered Accountants
Statutory Auditor
  
3000a Parkway
Whiteley
Hampshire
PO15 7FX

29 July 2025
Page 7

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 DECEMBER 2024

2024
2023
Note
£
£

  

Turnover
 4 
43,861,638
40,032,718

Cost of sales
  
(43,861,638)
(40,032,718)

Gross profit
  
-
-

Administrative expenses
  
(1,080,801)
(1,080,145)

Other Operating Income
 5 
1,200,000
1,200,000

Operating profit
  
119,199
119,855

Interest payable and similar expenses
 8 
-
(11,960)

Profit before tax
  
119,199
107,895

Profit after tax
  
119,199
107,895

  

  

Retained earnings at the beginning of the year
  
10,811,174
10,703,279

  
10,811,174
10,703,279

Profit for the year
  
119,199
107,895

Retained earnings at the end of the year
  
10,930,373
10,811,174
The notes on pages 10 to 15 form part of these financial statements.

Page 8

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
REGISTERED NUMBER:02798007



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 10 
16,807,377
16,795,514

Cash at bank and in hand
  
1,627,003
1,582,533

  
18,434,380
18,378,047

Creditors: amounts falling due within one year
 11 
(7,004,005)
(7,066,871)

Net current assets
  
 
 
11,430,375
 
 
11,311,176

Total assets less current liabilities
  
11,430,375
11,311,176

  

Net assets
  
11,430,375
11,311,176


Capital and reserves
  

Called up share capital 
 12 
2
2

Capital contribution
 13 
500,000
500,000

Profit and loss account
 13 
10,930,373
10,811,174

  
11,430,375
11,311,176


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H Robertson
Director

Date: 28 July 2025

The notes on pages 10 to 15 form part of these financial statements.

Page 9

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Countrywide Grounds Maintenance Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

  
2.2

Turnover

Turnover comprises the aggregate of the fair value of the sale of services provided, net value of value added tax, rebates and discounts. Revenue is recognised as follows:
Service revenues are recognised as those services are provided to customers.

  
2.3

Other income

Other income relates to the charge to a fellow subsidiary for services provided.

 
2.4

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d).

This information is included in the consolidated financial statements of TDG Group Holding Company as at 31 December 2024 and these financial statements may be obtained from 1020 N. University Parks Dr. Waco, TX 76707.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 10

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised
when paid. Final equity dividends are recognised when approved by the shareholders at an annual general
meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In preparing these financial statements, the directors do not consider they have made any significant judgments or estimations.


4.


Turnover

An analysis of turnover by class of business is as follows:


2024
2023
£
£

Rendering of services
43,861,638
40,032,718

43,861,638
40,032,718


All turnover arose within the United Kingdom.

Page 11

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Other operating income

2024
2023
£
£



Other operating income
1,200,000
1,200,000

1,200,000
1,200,000


6.


Auditor's remuneration

During the year, the Company obtained the following services from the Company's auditor and its associates:


2024
2023
£
£

Fees payable to the Company's auditor and its associates for the audit of the Company's financial statements
9,100
8,650


7.


Employees

The company has no employees other than the directors. The average number of directors during the year was 2 (2023 - 2).
Directors remuneration has been borne by fellow group companies for 2024.


8.


Interest payable and similar expenses

2024
2023
£
£


Other loan interest payable
-
11,960

-
11,960


9.


Taxation


2024
2023
£
£



Total current tax
-
-

Deferred tax

Total deferred tax
-
-


Tax on profit
-
-
Page 12

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
 
9.Taxation (continued)


Factors affecting tax charge for the year

The tax assessed for the year is lower than (2023 - lower than) the standard rate of corporation tax in the UK of 25% (2023 - 25%). The differences are explained below:

2024
2023
£
£


Profit on ordinary activities before tax
119,199
107,895


Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2023 - 25%)
29,800
25,377

Effects of:


Group relief
(29,800)
(25,377)

Total tax charge for the year
-
-

Page 13

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Debtors

2024
2023
£
£


Trade debtors
4,983,538
5,318,350

Amounts owed by group undertakings
11,810,023
11,455,864

Other debtors
13,816
21,300

16,807,377
16,795,514


Amounts owed by group undertakings are unsecured, interest free and repayable on demand.


11.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
6,673,148
7,006,841

Amounts owed to group undertakings
270,728
-

Other taxation and social security
60,129
60,030

7,004,005
7,066,871



12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary Shares shares of £1.00 each
2
2

Each ordinary share has equal voting and dividend rights.



13.


Reserves

The Company has the following reserves:
Capital contribution 
The capital contribution represents amounts received from the parent company as a follow up to their initial investment in the company that are not to be repaid.
Profit and loss account
The profit and loss account represents cumulative profits and losses net of dividends paid, capital contributions and other adjustments.

Page 14

 


COUNTRYWIDE GROUNDS MAINTENANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

14.


Controlling party

The immediate parent company is Neighbourly Brands Limited (formerly Dwyer UK Holdings Limited), a company registered in England and Wales. The ultimate parent company is Neighborly Company, which is incorporated in Delaware, US and whose registered office address is 1020 N. University Parks Dr. Waco, TX 76707.
The largest group in which the results of the company are consolidated is that headed by Neighborly Company, incorporated in Delaware, USA. The smallest group in which they are consolidated is that headed by Dwyer Franchising LLC, incorporated in Delaware, USA.

 
Page 15