REGISTERED NUMBER: 14763909 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

COUNTRYWIDE STORAGE

CHIPPING CAMDEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr F J Crichton-Stuart

Mr N R A Grant

REGISTERED OFFICE:

C/O Wigwam Storage

Banbury Road

CHIPPING NORTON

Oxfordshire

OX7 5TE

REGISTERED NUMBER:

14763909 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

580,007

510,503

CURRENT ASSETS

Debtors

5

628

1,940

Cash at bank and in hand

8,847

4,531

9,475

6,471

CREDITORS

Amounts falling due within one year

6

631,384

552,664

NET CURRENT LIABILITIES

(621,909

)

(546,193

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(41,902

)

(35,690

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(42,002

)

(35,790

)

SHAREHOLDERS' FUNDS

(41,902

)

(35,690

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 13 December 2025 and were signed on its behalf by:

Mr N R A Grant - Director

1.	STATUTORY INFORMATION

Countrywide Storage Chipping Camden 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.	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.

The financial statements have been prepared on a going concern basis on the understanding that the company has received assurances of support from its parent company.

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

-

not provided

Freehold property is depreciated over its estimated useful life of 50 years, however in the opinion of the directors the residual value of the freehold property after 50 years is not materially different to the current value, and therefore no depreciation has been provided. The directors undergo annual impairment reviews to confirm that this continues to be the case.

Freehold property is stated at 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2024

510,503

Additions

69,504

At 30 April 2025

580,007

NET BOOK VALUE

At 30 April 2025

580,007

At 30 April 2024

510,503

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

VAT

339

1,666

Prepayments

289

274

628

1,940

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

289

9,143

Other creditors

176,209

541,621

Loan from Workham European

Property Limited

452,886

-

Accrued expenses

2,000

1,900

631,384

552,664

7.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Workham European Property Ltd

452,886

-

At the balance sheet date an amount totalling £452,886 (2024: NIL) was owed to Workham European Property Limited. This facility is secured by way of a debenture dated 21 May 2024 with a fixed and floating charge over freehold property and undertakings of the company. Interest is charged on the outstanding balance at 10% per annum.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

50

Ordinary A

£1.00

50

50

50

Ordinary B

£1.00

50

50

100

100

9.

RESERVES

Retained

earnings

£

At 1 May 2024

(35,790

)

Deficit for the year

(6,212

)

At 30 April 2025

(42,002

)