Company No: 00943364 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	398,115		407,153
Investment property	4	767,229		767,229
Investments	5	315,300		269,356
		1,480,644		1,443,738
Current assets
Stocks		132,291		153,728
Debtors	6	121,243		103,601
Cash at bank and in hand		178,261		86,776
		431,795		344,105
Creditors: amounts falling due within one year	7	( 279,767)		( 237,221)
Net current assets		152,028		106,884
Total assets less current liabilities		1,632,672		1,550,622
Creditors: amounts falling due after more than one year	8	( 706)		( 10,706)
Provision for liabilities		( 24,269)		( 14,480)
Net assets		1,607,697		1,525,436
Capital and reserves
Called-up share capital		72,506		72,506
Capital redemption reserve		11,494		11,494
Profit and loss account		1,523,697		1,441,436
Total shareholders' funds		1,607,697		1,525,436

For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of County Stores (Somerset) Holdings Limited (registered number: 00943364) were approved and authorised for issue by the Board of Directors on 21 September 2026. They were signed on its behalf by:

J H Duder Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

County Stores (Somerset) Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Curry Rivel Filling Station, Honeylands, Curry Rivel, TA10 0EP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either other creditors or other debtors in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery etc.	5 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	18		18

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 February 2025	523,800		190,063		713,863
Additions	0		3,743		3,743
At 31 January 2026	523,800		193,806		717,606
Accumulated depreciation
At 01 February 2025	126,913		179,797		306,710
Charge for the financial year	9,406		3,375		12,781
At 31 January 2026	136,319		183,172		319,491
Net book value
At 31 January 2026	387,481		10,634		398,115
At 31 January 2025	396,887		10,266		407,153

4. Investment property

	Investment property
	£
Valuation
As at 01 February 2025	767,229
As at 31 January 2026	767,229

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2026		2025
	£		£
Historic cost	767,229		767,229

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 February 2025	269,356		269,356
Additions	20,617		20,617
Disposals	( 12,239)		( 12,239)
Movement in fair value	37,566		37,566
At 31 January 2026	315,300		315,300
Carrying value at 31 January 2026	315,300		315,300
Carrying value at 31 January 2025	269,356		269,356

6. Debtors

	2026		2025
	£		£
Other debtors	121,243		103,601

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	10,000		10,000
Trade creditors	172,717		162,072
Taxation and social security	82,025		30,214
Other creditors	15,025		34,935
	279,767		237,221

There are no amounts included above in respect of which any security has been given by the small entity.

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	706		10,706

There are no amounts included above in respect of which any security has been given by the small entity.

9. Related party transactions

Transactions with the entity's directors

The Directors loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

J Duder
At 1 February 2025, the balance owed by the director was £33,921. During the year, £42,610 was advanced to the director and £40,872 was repaid by the director. At 31 January 2026, the balance owed by the director was £35,659.

At 1 February 2024, the balance owed by the director was £32,149. During the year, £42,946 was advanced to the director and £41,174 was repaid by the director. At 31 January 2025, the balance owed by the director was £33,921.

C Duder
At 1 February 2025, the balance owed by the director was £53,575. During the year, £51,904 was advanced to the director and £51,174 was repaid by the director. At 31 January 2026, the balance owed by the director was £54,305.

At 1 February 2024, the balance owed by the director was £56,041. During the year, £53,708 was advanced to the director and £56,174 was repaid by the director. At 31 January 2025, the balance owed by the director was £53,575.


A Duder
At 1 February 2025, the balance owed by the director was £9,638. During the year, £22,648 was advanced to the director and £12,088 was repaid by the director. At 31 January 2026, the balance owed by the director was £20,198.

At 1 February 2024, the balance owed by the director was £638. During the year, £24,000 was advanced to the director and £15,000 was repaid by the director. At 31 January 2025, the balance owed by the director was £9,638.