Country Properties (Shefford) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08411841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

COUNTRY PROPERTIES (SHEFFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G J Lawrence

Mrs P J Lawrence

SECRETARY:

REGISTERED OFFICE:

46-48 High Street

Shefford

Bedfordshire

SG17 5DG

REGISTERED NUMBER:

08411841 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

123,119

105,007

CURRENT ASSETS

Debtors

5

137,891

170,911

Cash at bank and in hand

119,503

37,308

257,394

208,219

CREDITORS

Amounts falling due within one year

6

99,010

81,400

NET CURRENT ASSETS

158,384

126,819

TOTAL ASSETS LESS CURRENT
LIABILITIES

281,503

231,826

PROVISIONS FOR LIABILITIES

7,069

-

NET ASSETS

274,434

231,826

CAPITAL AND RESERVES

Called up share capital

7

200

Retained earnings

274,234

231,626

SHAREHOLDERS' FUNDS

274,434

231,826

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.

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 21 December 2025 and were signed on its behalf by:

G J Lawrence - Director

1.	STATUTORY INFORMATION

Country Properties (Shefford) 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.

Turnover

Turnover represents net invoiced commission on sale of properties, excluding value added tax. Agency commissions are recognised on completion of the transaction.

Tangible fixed assets

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

Short leasehold

-

in accordance with the property

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

leasehold

property

fittings

£

COST

At 1 April 2024

4,037

150,272

13,875

Additions

-

3,278

At 31 March 2025

4,037

150,272

17,153

DEPRECIATION

At 1 April 2024

4,037

45,644

13,783

Charge for year

-

15,027

345

At 31 March 2025

4,037

60,671

14,128

NET BOOK VALUE

At 31 March 2025

-

89,601

3,025

At 31 March 2024

-

104,628

92

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 April 2024

-

14,662

182,846

Additions

34,562

1,693

39,533

At 31 March 2025

34,562

16,355

222,379

DEPRECIATION

At 1 April 2024

-

14,375

77,839

Charge for year

5,733

316

21,421

At 31 March 2025

5,733

14,691

99,260

NET BOOK VALUE

At 31 March 2025

28,829

1,664

123,119

At 31 March 2024

-

287

105,007

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

49,355

46,919

Other debtors

76,691

120,565

Deferred tax asset

-

1,092

Prepayments

11,845

2,335

137,891

170,911

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

10,641

11,746

Social security and other taxes

37,886

29,062

VAT

38,981

22,082

Directors' loan accounts

419

1,633

Sundry creditors and accruals

11,083

16,877

99,010

81,400

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

50

A Ordinary

£1

50

B Ordinary

£1

50

200