REGISTERED NUMBER: 12982850 (England and Wales)

COAST & COUNTRY HOMES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A G Boggia

Miss C L Boggia

Mrs S Boggia

Mr W G Boggia Deceased

Mr J G Boggia

Mr S A Boggia

Mrs E L Rivers

REGISTERED OFFICE:

The Old Office

Cleve Hill

Graveney

FAVERSHAM

Kent

ME13 9EE

REGISTERED NUMBER:

12982850 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Building 1063

Cornforth Drive

Kent Science Park

Sittingbourne

Kent

ME9 8PX

FIXED ASSETS

Tangible assets

5

59,378

74,226

Investments

6

776,819

673,578

Investment property

7

4,092,484

3,283,997

4,928,681

4,031,801

CURRENT ASSETS

Debtors

8

9,027

6,510

Investments

9

-

1,008,069

Cash at bank

336,644

189,994

345,671

1,204,573

CREDITORS

Amounts falling due within one year

10

3,872,467

3,868,726

NET CURRENT LIABILITIES

(3,526,796

)

(2,664,153

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,401,885

1,367,648

PROVISIONS FOR LIABILITIES

106,250

95,247

NET ASSETS

1,295,635

1,272,401

CAPITAL AND RESERVES

Called up share capital

11

491,332

491,332

Revaluation reserve

12

384,477

249,895

Retained earnings

419,826

531,174

SHAREHOLDERS' FUNDS

1,295,635

1,272,401

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 6 July 2026 and were signed on its behalf by:

Mr A G Boggia - Director

1.	STATUTORY INFORMATION

Coast & Country Homes 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the valuations of the investment properties and the depreciation charges that are calculated with reference to the useful economic life of fixed assets.

Tangible fixed assets

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

Leasehold property

-

Straight line over 33 years

Plant and machinery

-

25% on cost and 25% on reducing balance

Fixtures and fittings

-

25% on cost

Computer equipment

-

straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investments

The investment in subsidiary is recorded at the historic cost of the shares that were based on the estimated value of the subsidiary company.

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the profit or loss.

Current asset investments are short term, highly liquid investments recognised at their transaction cost. The investments relate to cash on deposit with a maturity date of less than one year but more than 90 days.

Financial instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

b) Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

c) Impairment of financial assets

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

d) Trade and other creditors

Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

20,005

73,007

1,694

1,380

96,086

DEPRECIATION

At 1 November 2024

606

20,505

460

289

21,860

Charge for year

606

13,359

423

460

14,848

At 31 October 2025

1,212

33,864

883

749

36,708

NET BOOK VALUE

At 31 October 2025

18,793

39,143

811

631

59,378

At 31 October 2024

19,399

52,502

1,234

1,091

74,226

6.	FIXED ASSET INVESTMENTS

Listed

Unlisted

investments

investments

Totals

£

£

£

COST OR VALUATION

At 1 November 2024

673,577

1

673,578

Additions

110,698

-

110,698

Disposals

(105,646

)

-

(105,646

)

Revaluations

98,189

-

98,189

At 31 October 2025

776,818

1

776,819

NET BOOK VALUE

At 31 October 2025

776,818

1

776,819

At 31 October 2024

673,577

1

673,578

Cost or valuation at 31 October 2025 is represented by:

Listed

Unlisted

investments

investments

Totals

£

£

£

Valuation in 2024

16,754

-

16,754

Valuation in 2025

100,070

-

100,070

Cost

659,994

1

659,995

776,818

1

776,819

Listed investments were valued on an open market basis on 31 October 2025 by Fidelity International .

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

3,283,997

Additions

853,058

Revaluations

(44,571

)

At 31 October 2025

4,092,484

NET BOOK VALUE

At 31 October 2025

4,092,484

At 31 October 2024

3,283,997

Fair value at 31 October 2025 is represented by:

£

Valuation in 2016

148,537

Valuation in 2017

(3,833

)

Valuation in 2018

37,750

Valuation in 2019

(37,600

)

Valuation in 2020

81,421

Valuation in 2021

(9,821

)

Valuation in 2022

38,847

Valuation in 2024

106,924

Valuation in 2025

(44,571

)

Cost

3,774,830

4,092,484

Investment property was valued on an open market basis on 31 October 2025 by the directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

520

244

Prepayments

8,507

6,266

9,027

6,510

9.	CURRENT ASSET INVESTMENTS

31.10.25

31.10.24

£

£

Deposit Accounts

-

1,008,069

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

2,956

-

Other creditors

22,014

17,470

Other taxes and PAYE

2,774

7,221

Accruals and deferred income

10,958

10,271

Loan - William Boggia Children's Trust

3,832,429

3,832,429

Directors' Current Accounts

1,336

1,335

3,872,467

3,868,726

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

270,298

Ordinary A

£1

270,298

270,298

221,034

Ordinary B

£1

221,034

221,034

491,332

491,332

12.

RESERVES

Revaluation

reserve

£

At 1 November 2024

249,895

Movement in year

148,727

Deferred tax movement

(14,145

)

At 31 October 2025

384,477