REGISTERED NUMBER: 03059024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COUNTY CONSTRUCTION CHEMICALS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

D C P Hurley

Mrs S L Hurley

J D J Hurley

REGISTERED OFFICE:

Unit 4

Chingford Industrial Centre

Hall Lane

Chingford

London

E4 8DJ

REGISTERED NUMBER:

03059024 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

222,342

144,340

Investments

6

1,154,687

1,148,113

Investment property

7

440,000

440,000

1,817,029

1,732,453

CURRENT ASSETS

Stocks

700,754

729,571

Debtors

573,017

561,728

Cash at bank and in hand

1,800,550

2,407,744

3,074,321

3,699,043

CREDITORS

Amounts falling due within one year

746,393

1,052,728

NET CURRENT ASSETS

2,327,928

2,646,315

TOTAL ASSETS LESS CURRENT LIABILITIES

4,144,957

4,378,768

PROVISIONS FOR LIABILITIES

173,116

150,141

NET ASSETS

3,971,841

4,228,627

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Undistributable reserves

10

454,271

447,858

Retained earnings

3,516,570

3,779,769

SHAREHOLDERS' FUNDS

3,971,841

4,228,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 March 2025 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 8 October 2025 and were signed on its behalf by:

D C P Hurley - Director

Mrs S L Hurley - Director

1.	STATUTORY INFORMATION

County Construction Chemicals 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 the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill was acquired on 5th October 2007 and was amortised evenly over its estimated useful life of five years.

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

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Investment property

Investment properties are initially recognised at cost and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the Income Statement.

A corresponding transfer between distributable and undistributable reserves is made to reflect the nature of the value changes (and deferred tax impact) recognised in the Income Statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Investments

Listed investments, or those whose fair value can otherwise be measured reliably, are initially recognised at transaction price and subsequently measured at fair value, with changes recognised in the Income Statement. Corresponding transfer between distributable and undistributable reserves are made to reflect the nature of the value changes (and deferred tax impact) recognised in the Income Statement.

Unlisted investments, except those whose fair value can be measured reliably, are initially recognised at transaction price and are subsequently measured at cost less impairment. Any subsequent revaluation of the investment only takes place once tier 1 inputs are available.

Group financial statements

Exemption has been taken from preparing consolidated financial statements on the grounds that the group qualifies as a small group.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

37,196

AMORTISATION

At 1 April 2024

and 31 March 2025

37,196

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

394,897

Additions

135,589

At 31 March 2025

530,486

DEPRECIATION

At 1 April 2024

250,557

Charge for year

57,587

At 31 March 2025

308,144

NET BOOK VALUE

At 31 March 2025

222,342

At 31 March 2024

144,340

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 April 2024

855,040

Disposals

(1,977

)

Revaluations

301,624

At 31 March 2025

1,154,687

PROVISIONS

At 1 April 2024

(293,073

)

Reversal of impairments

293,073

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

1,154,687

At 31 March 2024

1,148,113

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2017

4,978

Valuation in 2018

2,773

Valuation in 2019

14,374

Valuation in 2020

(52,389

)

Valuation in 2021

121,982

Valuation in 2022

20,263

Valuation in 2023

(19,318

)

Valuation in 2024

57,465

Valuation in 2025

8,551

Cost

996,008

1,154,687

Included in the above are financial assets that are measured at fair value through the Income Statement with carrying value of £553,687 (2024 - £547,113). These assets have been valued at their listed market value.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

440,000

NET BOOK VALUE

At 31 March 2025

440,000

At 31 March 2024

440,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2002

119,895

Valuation in 2003

25,000

Valuation in 2006

185,000

Valuation in 2014

40,000

Valuation in 2015

20,000

Valuation in 2021

20,000

Cost

30,105

440,000

The investment property was valued on an open market basis on 1 October 2020 by Clarke Hillyer .

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

115,800

152,900

Between one and five years

12,375

128,175

128,175

281,075

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Undistributable

reserves

£

At 1 April 2024

447,858

Reserve transfer

6,413

At 31 March 2025

454,271

11.	PENSION COMMITMENTS

During the year the company made contributions amounting to £137,303 (2024 - £24,696) to a defined contribution scheme it operates on behalf of its employees. At the balance sheet date the company owed £3,109 (2024 - £6,385).

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 County Construction Chemicals Limited for the year ended 31 March 2025 which comprise the Income Statement, Abridged 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 County Construction Chemicals Limited, 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 County Construction Chemicals Limited and state those matters that we have agreed to state to the Board of Directors of County Construction Chemicals Limited, 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 County Construction Chemicals Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that County Construction Chemicals Limited 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 profit of County Construction Chemicals Limited. You consider that County Construction Chemicals Limited 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 County Construction Chemicals Limited. 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.

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

10 October 2025