COUNTY COATINGS LIMITED


Directors	P King
	B White
	S White
	D Wright


Registered Address	The New House Moor Lane
	Thorpe-On-The-Hill
	Lincoln
	LN6 9BW


Registered Number	11381864 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		9,852		470
			9,852		470
Current assets
Stocks	4	13,800		-
Debtors	5	174,883		131,559
Cash at bank and on hand		16,931		22,439
		205,614		153,998
Creditors amounts falling due within one year	6	(179,121)		(117,537)
Net current assets (liabilities)			26,493		36,461
Total assets less current liabilities			36,345		36,931
Creditors amounts falling due after one year	7		(25,000)		(25,000)
Provisions for liabilities	8		(1,032)		(114)
Net assets			10,313		11,817
Capital and reserves
Called up share capital			100		100
Profit and loss account			10,213		11,717
Shareholders' funds			10,313		11,817

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

P King
Director
Registered Company No. 11381864

COUNTY COATINGS LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 November 24	1,172	-	285	1,457
Additions	10,362	927	225	11,514
At 31 October 25	11,534	927	510	12,971
Depreciation and impairment
At 01 November 24	745	-	242	987
Charge for year	1,977	116	39	2,132
At 31 October 25	2,722	116	281	3,119
Net book value
At 31 October 25	8,812	811	229	9,852
At 31 October 24	427	-	43	470

4.	Stocks

	2025	2024
	£	£
Other stocks	13,800	-
Total	13,800	-

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	166,352	123,027
Amounts owed by group undertakings	8,531	8,532
Total	174,883	131,559

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	11,169	18,549
Amounts owed to related parties	681	2,968
Taxation and social security	72,596	46,584
Other creditors	12,590	4,047
Accrued liabilities and deferred income	82,085	45,389
Total	179,121	117,537

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	25,000	25,000
Total	25,000	25,000

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,032	114
Total	1,032	114

9.	Related party transactions
	White Holdings Limited A loan account exists between the company and its parent. At the year end, the balance owed from White Holdings Limited was £8,531 (2024 - £8,532) Rat Pak Engineering Limited A loan account exists between the company and Rat Pak Engineering Limited, another subsidiary of the parent company, White Holdings Limited. At the year end, the balance owed to Rat Pak Engineering Limited was £681 (2024 - £2,968)

Related party transactions

White Holdings Limited
A loan account exists between the company and its parent. At the year end, the balance owed from White Holdings Limited was £8,531 (2024 - £8,532)

Rat Pak Engineering Limited
A loan account exists between the company and Rat Pak Engineering Limited, another subsidiary of the parent company, White Holdings Limited. At the year end, the balance owed to Rat Pak Engineering Limited was £681 (2024 - £2,968)