Countyclean Environmental Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06241918 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

COUNTYCLEAN ENVIRONMENTAL SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J V Walker

Mrs D L Walker

Mrs D C Prince

SECRETARY:

Mrs D L Walker

REGISTERED OFFICE:

Pacific House

Sovereign Harbour Innovation Park

Eastbourne

East Sussex

BN23 6FA

REGISTERED NUMBER:

06241918 (England and Wales)

AUDITORS:

Watson Associates (Audit Services) Ltd

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

3,215,874

1,149,017

CURRENT ASSETS

Stocks

244,503

197,726

Debtors

5

3,908,557

4,178,850

Cash at bank

1,519,517

934,788

5,672,577

5,311,364

CREDITORS

Amounts falling due within one year

6

(3,213,246

)

(2,656,145

)

NET CURRENT ASSETS

2,459,331

2,655,219

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,675,205

3,804,236

CREDITORS

Amounts falling due after more than one
year

7

(2,186,804

)

(744,823

)

NET ASSETS

3,488,401

3,059,413

CAPITAL AND RESERVES

Called up share capital

9

100

Revaluation reserve

10

75,908

6,541

Retained earnings

3,412,393

3,052,772

SHAREHOLDERS' FUNDS

3,488,401

3,059,413

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

M J V Walker - Director

1.	STATUTORY INFORMATION

Countyclean Environmental Services 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.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the recognition of certain assets and liabilities measured at fair value.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be 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 in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Depreciation

The company exercises judgement to determine useful lives and residual values of property, plant and equipment. The assets are depreciated down to their residual values over their estimated useful lives.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; and when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings - 2% straight line

Plant and machinery - 20% straight line

Fixture and fittings - 20% straight line

Motor vehicles - 10% straight line

Commercial vehicles - 10% straight line

The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

Commercial vehicles are initially measured at cost. Subsequently commercial vehicles whose fair value can be measured reliably are measured at fair value. If an asset’s carrying amount is increased as a result of a revaluation, the increase shall be recognised in other comprehensive income and accumulated in equity.

However, the increase shall be recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss.

The decrease of an asset’s carrying amount as a result of a revaluation shall be recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity, in respect of that asset. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated on a first in, first out basis and includes all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.

Net realisable value is based on estimated selling price less costs to complete and sell.

At the end of each reporting period stocks and work in progress are assessed for impairment. If any stock or work in progress is impaired, it is reduced to its net realisable value and an impairment charge is recognised in the income statement. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the income statement.

Financial instruments

The company only enters into basic financial instruments transactions 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.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

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.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only 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 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.

The company has not recognised deferred tax in circumstances where the directors consider that no liability will crystallise in the foreseeable future and where recognition would not result in a true and fair view.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 51 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

COST OR VALUATION

At 1 May 2024

44,494

358,471

460,577

Additions

-

15,294

26,537

Revaluations

-

At 30 April 2025

44,494

373,765

487,114

DEPRECIATION

At 1 May 2024

11,237

343,469

333,842

Charge for year

890

11,098

46,687

Revaluation adjustments

-

Reclassification/transfer

-

(16,523

)

-

At 30 April 2025

12,127

338,044

380,529

NET BOOK VALUE

At 30 April 2025

32,367

35,721

106,585

At 30 April 2024

33,257

15,002

126,735

Motor

Commercial

vehicles

Totals

£

COST OR VALUATION

At 1 May 2024

-

957,500

1,821,042

Additions

283,940

1,897,136

2,222,907

Revaluations

-

(80,401

)

(80,401

)

At 30 April 2025

283,940

2,774,235

3,963,548

DEPRECIATION

At 1 May 2024

(16,523

)

-

672,025

Charge for year

15,194

151,548

225,417

Revaluation adjustments

-

(149,768

)

(149,768

)

Reclassification/transfer

16,523

-

At 30 April 2025

15,194

1,780

747,674

NET BOOK VALUE

At 30 April 2025

268,746

2,772,455

3,215,874

At 30 April 2024

16,523

957,500

1,149,017

Cost or valuation at 30 April 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

Cost

44,494

373,765

487,114

44,494

373,765

487,114

Motor

Commercial

vehicles

Totals

£

Valuation in 2024

-

(23,667

)

(23,667

)

Valuation in 2025

-

(80,401

)

(80,401

)

Cost

283,940

2,878,303

4,067,616

283,940

2,774,235

3,963,548

If commercial vehicles had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

2,878,303

981,167

Aggregate depreciation

181,756

30,208

Value of land in freehold land and buildings

44,494

Commercial vehicles were valued on an open market basis on 30 April 2025 by OC Mechanical Services .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

Commercial

machinery

vehicles

Totals

£

COST OR VALUATION

At 1 May 2024

21,225

-

957,500

978,725

Additions

-

283,940

1,893,821

2,177,761

Revaluations

-

(80,401

)

(80,401

)

At 30 April 2025

21,225

283,940

2,770,920

3,076,085

DEPRECIATION

At 1 May 2024

21,225

-

21,225

Charge for year

-

15,194

151,314

166,508

Revaluation adjustments

-

(149,768

)

(149,768

)

At 30 April 2025

21,225

15,194

1,546

37,965

NET BOOK VALUE

At 30 April 2025

-

268,746

2,769,374

3,038,120

At 30 April 2024

-

957,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,780,011

1,482,478

Amounts owed by group undertakings

1,822,233

2,357,885

Other debtors

306,313

338,487

3,908,557

4,178,850

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

926,500

1,096,463

Hire purchase contracts (see note 8)

812,499

239,153

Trade creditors

726,515

736,733

Amounts owed to group undertakings

169,784

151,150

Taxation and social security

57,458

312,265

Other creditors

520,490

120,381

3,213,246

2,656,145

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts (see note 8)

2,186,804

744,823

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

812,499

239,153

Between one and five years

2,186,804

744,823

2,999,303

983,976

Non-cancellable

operating leases

2025

2024

£

Within one year

430,032

287,051

Between one and five years

763,233

733,710

In more than five years

156,258

231,262

1,349,523

1,252,023

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

10.

RESERVES

Revaluation

reserve

£

At 1 May 2024

6,541

Revaluation reserve

69,367

At 30 April 2025

75,908

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Charles Males (Senior Statutory Auditor)

for and on behalf of Watson Associates (Audit Services) Ltd

12.	CAPITAL COMMITMENTS

2025

2024

£

Contracted but not provided for in the

financial statements

1,290,053

729,000

13.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £1,822,233 (2024: £2,357,885) was due from the parent company. The balance consisted of costs paid on behalf of the parent company.

During the year sales to group companies totalled £nil (2024: £nil); purchases from group companies totalled £nil (2024: £nil); management charges received totalled £353,426 (2024: £415,000); and, costs recharged to fellow group companies amounted to £201,260 (2024: £171,269). At the balance sheet date the amounts owed by group companies totalled £nil (2024: £nil). At the balance sheet date the amounts due to group companies totalled £169,784 (2024: £151,150).