Countrywide Tax & Trust Corporation Limi - Accounts to registrar (filleted)

REGISTERED NUMBER: 04844596 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

COUNTRYWIDE TAX & TRUST CORPORATION

LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

14,006

27,945

Tangible assets

5

127,903

132,476

141,909

160,421

CURRENT ASSETS

Debtors

6

5,867,218

3,675,232

Cash at bank and in hand

347,267

253,319

6,214,485

3,928,551

CREDITORS

Amounts falling due within one year

7

4,150,417

3,120,238

NET CURRENT ASSETS

2,064,068

808,313

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,205,977

968,734

PROVISIONS FOR LIABILITIES

31,637

32,706

NET ASSETS

2,174,340

936,028

CAPITAL AND RESERVES

Called up share capital

250,000

Retained earnings

1,924,340

686,028

2,174,340

936,028

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

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th October 2026 and were signed on its behalf by:

Mr R A Massey - Director

1.	STATUTORY INFORMATION

Countrywide Tax & Trust Corporation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04844596

Registered office:

Gables House

62 Kenilworth Road

Leamington Spa

CV32 6JX

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 129 (2025 - 124 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1st February 2025

and 31st January 2026

6,000

69,440

75,440

AMORTISATION

At 1st February 2025

1,200

46,295

47,495

Charge for year

600

13,339

13,939

At 31st January 2026

1,800

59,634

61,434

NET BOOK VALUE

At 31st January 2026

4,200

9,806

14,006

At 31st January 2025

4,800

23,145

27,945

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2025

816,355

Additions

36,806

At 31st January 2026

853,161

DEPRECIATION

At 1st February 2025

683,879

Charge for year

41,379

At 31st January 2026

725,258

NET BOOK VALUE

At 31st January 2026

127,903

At 31st January 2025

132,476

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

48,409

108,101

Other debtors

5,818,809

3,567,131

5,867,218

3,675,232

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade creditors

2,150,655

1,842,874

Taxation and social security

1,015,540

808,110

Other creditors

984,222

469,254

4,150,417

3,120,238

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025:

31.1.26

31.1.25

£

Mr R A Massey

Balance outstanding at start of year

981

3,126

Amounts repaid

-

(2,145

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

981

9.	RELATED PARTY DISCLOSURES

The amount due from related parties as at 31st January 2026 was £340,214 (2025 - £403,875).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is JHL Management Limited acting as fiduciary for Countrywide Tax & Trust Corporation Limited Remuneration Trust.