REGISTERED NUMBER: 01612732 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

COUNTRY AND EASTERN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr P A Millward

Dr E J Millward

SECRETARY:

Dr E J Millward

REGISTERED OFFICE:

34 - 36 Bethel Street

Norwich

Norfolk

NR2 1NR

REGISTERED NUMBER:

01612732 (England and Wales)

ACCOUNTANTS:

Sexty & Co

Chartered Certified Accountants

124 Thorpe Road

Norwich

Norfolk

NR1 1RS

FIXED ASSETS

Tangible assets

4

316,027

326,136

Investments

5

1,070,465

2,238,097

1,386,492

2,564,233

CURRENT ASSETS

Stocks

103,626

92,590

Debtors

6

3,243

4,633

Cash at bank

280,362

300,226

387,231

397,449

CREDITORS

Amounts falling due within one year

7

190,288

186,524

NET CURRENT ASSETS

196,943

210,925

TOTAL ASSETS LESS CURRENT LIABILITIES

1,583,435

2,775,158

PROVISIONS FOR LIABILITIES

34,000

105,000

NET ASSETS

1,549,435

2,670,158

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,549,335

2,670,058

SHAREHOLDERS' FUNDS

1,549,435

2,670,158

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 17 December 2025 and were signed on its behalf by:

Dr P A Millward - Director

Dr E J Millward - Director

1.	STATUTORY INFORMATION

Country and Eastern 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

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 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

316,607

581,581

898,188

Additions

11,777

4,591

16,368

At 31 July 2025

328,384

586,172

914,556

DEPRECIATION

At 1 August 2024

122,233

449,819

572,052

Charge for year

6,569

19,908

26,477

At 31 July 2025

128,802

469,727

598,529

NET BOOK VALUE

At 31 July 2025

199,582

116,445

316,027

At 31 July 2024

194,374

131,762

326,136

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 August 2024

2,238,097

Additions

132,339

Disposals

(1,051,626

)

Revaluations

(248,345

)

At 31 July 2025

1,070,465

NET BOOK VALUE

At 31 July 2025

1,070,465

At 31 July 2024

2,238,097

Cost or valuation at 31 July 2025 is represented by:

Other

investments

£

Valuation in 2025

220,331

Cost

850,134

1,070,465

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

160

2,794

Other debtors

3,083

1,839

3,243

4,633

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

606

-

Taxation and social security

11,192

15,702

Other creditors

178,490

170,822

190,288

186,524

8.	RELATED PARTY DISCLOSURES

Included in other creditors at 31st July 2025 is an amount owing to the directors of £170,645 (2024 £163,528).

The company has made charitable donations totalling £1,265,356 (2024 £100,000) to a charity in which the directors are trustees.

9.

RESERVES

Included within retained earnings is £165,331 of non-distributable reserves.