REGISTERED NUMBER: 08305921 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

UK COUNTRY ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Q H Van Poecke

Atlas Country Estate BV

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

08305921 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

5

706,625

774,229

CURRENT ASSETS

Debtors

6

1,066,781

465,550

Cash at bank and in hand

27,786

176,170

1,094,567

641,720

CREDITORS

Amounts falling due within one year

7

489,038

305,998

NET CURRENT ASSETS

605,529

335,722

TOTAL ASSETS LESS CURRENT LIABILITIES

1,312,154

1,109,951

CREDITORS

Amounts falling due after more than one year

8

8,013,051

6,469,730

NET LIABILITIES

(6,700,897

)

(5,359,779

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(6,700,898

)

(5,359,780

)

SHAREHOLDERS' FUNDS

(6,700,897

)

(5,359,779

)

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.

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 30 September 2025 and were signed on its behalf by:

M Q H Van Poecke - Director

1.	STATUTORY INFORMATION

UK Country Estates 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, which assumes the company will continue in operational existence for the foreseeable future.

During the year the company met its working capital requirements through continued financial support received from a group company.

This company has agreed to continue to provide such financial support as is necessary to enable UK Country Estates Limited to meet its liabilities as they fall due and to carry on its business without any significant curtailment of operations for the 12 months following the approval of these accounts.

Income recognition

Income is recognised on the following basis:

(a) agricultural produce is invoiced when the produce is delivered to the customer;

(b) shoot income is invoiced at the point of supply of the service;

(c) any other income is invoiced at the point of supply of the goods or services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% on cost

Plant and machinery

-

15-25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

337,043

265,722

166,495

592,868

1,362,128

Additions

-

-

-

97,281

97,281

Disposals

-

-

-

(30,200

)

(30,200

)

At 31 December 2024

337,043

265,722

166,495

659,949

1,429,209

DEPRECIATION

At 1 January 2024

128,750

109,578

132,792

216,779

587,899

Charge for year

13,482

24,634

5,056

101,657

144,829

Eliminated on disposal

-

-

-

(10,144

)

(10,144

)

At 31 December 2024

142,232

134,212

137,848

308,292

722,584

NET BOOK VALUE

At 31 December 2024

194,811

131,510

28,647

351,657

706,625

At 31 December 2023

208,293

156,144

33,703

376,089

774,229

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,050,873

413,019

Other debtors

15,908

52,531

1,066,781

465,550

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

408,361

164,002

Social security and other taxes

-

12,478

VAT

72,974

72,889

Other creditors

-

28,129

Accruals and deferred income

7,703

28,500

489,038

305,998

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to participating interests

8,013,051

6,469,730

9.	RELATED PARTY DISCLOSURES

Included within creditors falling due after one year are loans from other group companies totalling £8,013,051. A commercial rate of interest is charged on this loan.