County Construction Chemicals Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03059024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

COUNTY CONSTRUCTION CHEMICALS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

D C P Hurley

Mrs S L Hurley

J D J Hurley

REGISTERED OFFICE:

Unit 4

Chingford Industrial Centre

Hall Lane

Chingford

London

E4 8DJ

REGISTERED NUMBER:

03059024 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

195,625

222,342

Investments

6

601,164

1,154,687

Investment property

7

440,000

1,236,789

1,817,029

CURRENT ASSETS

Stocks

816,709

700,754

Debtors

523,467

573,017

Cash at bank and in hand

2,014,373

1,800,550

3,354,549

3,074,321

CREDITORS

Amounts falling due within one year

877,450

746,393

NET CURRENT ASSETS

2,477,099

2,327,928

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,713,888

4,144,957

PROVISIONS FOR LIABILITIES

125,086

173,116

NET ASSETS

3,588,802

3,971,841

CAPITAL AND RESERVES

Called up share capital

9

1,000

Undistributable reserves

10

326,255

454,271

Retained earnings

3,261,547

3,516,570

SHAREHOLDERS' FUNDS

3,588,802

3,971,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 October 2026 and were signed on its behalf by:

D C P Hurley - Director

Mrs S L Hurley - Director

1.	STATUTORY INFORMATION

County Construction Chemicals 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.

Goodwill

Goodwill was acquired on 5th October 2007 and was amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Investment property

Investment properties are initially recognised at cost and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the Income Statement.

A corresponding transfer between distributable and undistributable reserves is made to reflect the nature of the value changes (and deferred tax impact) recognised in the Income Statement.

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.

Investments

Listed investments, or those whose fair value can otherwise be measured reliably, are initially recognised at transaction price and subsequently measured at fair value, with changes recognised in the Income Statement. Corresponding transfer between distributable and undistributable reserves are made to reflect the nature of the value changes (and deferred tax impact) recognised in the Income Statement.

Unlisted investments, except those whose fair value can be measured reliably, are initially recognised at transaction price and are subsequently measured at cost less impairment. Any subsequent revaluation of the investment only takes place once tier 1 inputs are available.

Group financial statements

Exemption has been taken from preparing consolidated financial statements on the grounds that the group qualifies as a small group.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2025 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

37,196

AMORTISATION

At 1 April 2025

and 31 March 2026

37,196

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

530,486

Additions

23,954

At 31 March 2026

554,440

DEPRECIATION

At 1 April 2025

308,144

Charge for year

50,671

At 31 March 2026

358,815

NET BOOK VALUE

At 31 March 2026

195,625

At 31 March 2025

222,342

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 April 2025

1,154,687

Disposals

(630,118

)

Revaluations

76,595

At 31 March 2026

601,164

NET BOOK VALUE

At 31 March 2026

601,164

At 31 March 2025

1,154,687

Included in the above are financial assets that are measured at fair value through the Income Statement with carrying value of £164 (2025 - £553,687).

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

440,000

NET BOOK VALUE

At 31 March 2026

440,000

At 31 March 2025

440,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2002

119,895

Valuation in 2003

25,000

Valuation in 2006

185,000

Valuation in 2014

40,000

Valuation in 2015

20,000

Valuation in 2021

20,000

Cost

30,105

440,000

The investment property was valued on an open market basis on 1 October 2020 by Clarke Hillyer .

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

200,558

115,800

Between one and five years

693,118

12,375

893,676

128,175

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

1,000

Ordinary

£1

1,000

10.

RESERVES

Undistributable

reserves

£

At 1 April 2025

454,271

Reserve transfer

(128,016

)

At 31 March 2026

326,255

11.	PENSION COMMITMENTS

During the year the company made contributions amounting to £137,525 (2025 - £137,303) to a defined contribution scheme it operates on behalf of its employees. At the balance sheet date the company owed £7,031 (2025 - £3,109).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of County Construction Chemicals Limited for the year ended 31 March 2026 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of County Construction Chemicals Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of County Construction Chemicals Limited and state those matters that we have agreed to state to the Board of Directors of County Construction Chemicals Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than County Construction Chemicals Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that County Construction Chemicals Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of County Construction Chemicals Limited. You consider that County Construction Chemicals Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of County Construction Chemicals Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

20 October 2026