Country Securities Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01899905 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2020

for

Country Securities Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M A Hatter

T Regan

REGISTERED OFFICE:

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

REGISTERED NUMBER:

01899905 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Tangible assets

4

24

33

Investments

5

1

1

25

34

CURRENT ASSETS

Debtors

6

291

144

Cash at bank and in hand

1,368,335

1,362,726

1,368,626

1,362,870

CREDITORS

Amounts falling due within one year

7

132,894

106,649

NET CURRENT ASSETS

1,235,732

1,256,221

TOTAL ASSETS LESS CURRENT LIABILITIES

1,235,757

1,256,255

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,235,657

1,256,155

SHAREHOLDERS' FUNDS

1,235,757

1,256,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2020 and were signed on its behalf by:

M A Hatter - Director

1.	STATUTORY INFORMATION

Country Securities 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.

Turnover

Turnover represents fees received in respect of loans advanced or arranged by the company.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2019

and 31 August 2020

2,132

DEPRECIATION

At 1 September 2019

2,099

Charge for year

9

At 31 August 2020

2,108

NET BOOK VALUE

At 31 August 2020

24

At 31 August 2019

33

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2019

and 31 August 2020

1

NET BOOK VALUE

At 31 August 2020

1

At 31 August 2019

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Other debtors

291

144

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Taxation and social security

1,750

1,200

Other creditors

131,144

105,449

132,894

106,649

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M A Hatter.