REGISTERED NUMBER: 03236620 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

COUNTRYSIDE PROVENCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Agace

J Agace

E Jones

SECRETARY:

Ms J Powell

REGISTERED OFFICE:

The Offices

19-21 West Street

Haslemere

Surrey

GU27 2AB

REGISTERED NUMBER:

03236620 (England and Wales)

ACCOUNTANTS:

Traviss & Co Ltd

Chartered Certified Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

FIXED ASSETS

Tangible assets

4

197,425

197,425

Investments

5

1

1

197,426

197,426

CURRENT ASSETS

Debtors

6

21,569,523

21,763,509

Cash at bank

41,065

28,012

21,610,588

21,791,521

CREDITORS

Amounts falling due within one year

7

31,744,090

32,165,246

NET CURRENT LIABILITIES

(10,133,502

)

(10,373,725

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,936,076

)

(10,176,299

)

CAPITAL AND RESERVES

Called up share capital

1,421

1,421

Retained earnings

(9,937,497

)

(10,177,720

)

(9,936,076

)

(10,176,299

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 15 June 2026 and were signed on its behalf by:

E Jones - Director

1.	STATUTORY INFORMATION

Countryside Provence Ltd 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 Euro (€).

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 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.

Land and buildings

-

not provided

Investments in subsidiaries

Investments in subsidiary undertakings are recognised 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 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.

Foreign currencies

The financial statements are presented in euros, which is the company's presentational currency, The company's functional currency is sterling.

Foreign currency transactions are translated into the functional currency at the rate of exchange ruling at the date of transaction.

Assets and liabilities in foreign currencies are translated into euros at the rates of exchange ruling at the balance sheet date. Non-monetary items measured at historical cost are translated at the exchange rate at the date of the transaction and non-monetary items measured at fair value are translated using the exchange rate when fair value was determined.

Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

€

COST

At 1 January 2025

and 31 December 2025

197,425

NET BOOK VALUE

At 31 December 2025

197,425

At 31 December 2024

197,425

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

€

COST

At 1 January 2025

and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

€

€

Trade debtors

83,117

48,367

Amounts owed by group undertakings

21,468,068

21,707,161

Other debtors

18,338

7,981

21,569,523

21,763,509

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

€

€

Trade creditors

50,678

18,248

Taxation and social security

-

2,948

Other creditors

31,693,412

32,144,050

31,744,090

32,165,246

8.	RELATED PARTY DISCLOSURES

Within amounts due to related parties at the balance sheet date, an amount of €10,481,894 (2024 -€10,740,447 is due to directors of the company. The loans are provided interest free and are unsecured. There are no formal terms and conditions regarding the loan repayments.

Within amounts due ot related parties at the balance sheet date, an amount of €21,207,166 (2024- €21,392,086) is to persons connected to directors of the company. The loans are provided interest free and are unsecured.

Within loans to related parties loans to Fayence Investments amounted to €16,428,748 (2024- €16,316,128) which are loans to an associate company. The loans are provided interest free and unsecured. There are no formal terms and conditions regarding repayment of the loans.

Within loans to related parties loans to Panorama Property Developments Limited amounted to €5,039,320 (2024- €5,391,033), which are loans to a company with a related directorship. The loans are provided interest free and unsecured, There are no formal terms and conditions regarding repayment of the loans.

Consultancy costs €46,868 are provided by a person connected to a director of the company.