REGISTERED NUMBER: 04332524 (England and Wales)

County Properties 2002 Limited

Abridged Unaudited Financial Statements For The Year Ended 31 December 2024

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J Connolly

O Connolly

SECRETARY:

A J Connolly

REGISTERED OFFICE:

Shuna House

23 Lilly Hall Road

Maltby

Rotherham

South Yorkshire

S66 8AT

REGISTERED NUMBER:

04332524 (England and Wales)

ACCOUNTANTS:

Kingswood Allotts Limited

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

BANKERS:

Lloyds TSB Bank plc

P O Box 85

14 Church Street

Sheffield

South Yorkshire

S1 1HP

FIXED ASSETS

Tangible assets

4

97

136

Investment property

5

485,800

470,800

485,897

470,936

CURRENT ASSETS

Debtors

933

2,338

Cash at bank and in hand

72,957

67,296

73,890

69,634

CREDITORS

Amounts falling due within one year

5,064

7,325

NET CURRENT ASSETS

68,826

62,309

TOTAL ASSETS LESS CURRENT LIABILITIES

554,723

533,245

PROVISIONS FOR LIABILITIES

66,240

60,861

NET ASSETS

488,483

472,384

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

488,383

472,284

SHAREHOLDERS' FUNDS

488,483

472,384

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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

A J Connolly - Director

1.	STATUTORY INFORMATION

County Properties 2002 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention except for investment property as explained below.

Turnover

Turnover represents rental income, excluding value added tax.

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

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

496

DEPRECIATION

At 1 January 2024

360

Charge for year

39

At 31 December 2024

399

NET BOOK VALUE

At 31 December 2024

97

At 31 December 2023

136

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

470,800

Revaluations

15,000

At 31 December 2024

485,800

NET BOOK VALUE

At 31 December 2024

485,800

At 31 December 2023

470,800

The historical cost of investment properties held at fair value on 31 December 2024 is £142,525 (2023: £142,525).

Investment property was valued on an open market basis on 31 December 2024 by the directors of the company.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100