County Maintenance Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03475717 (England and Wales)

Unaudited Financial Statements

for the Period

1 December 2019 to 28 February 2021

for

County Maintenance Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A A Hollis

Mrs C A Toone-Hollis

SECRETARY:

Mrs C A Toone-Hollis

REGISTERED OFFICE:

4 Woodbrook Crescent

Lakeview House

Billericay

Essex

CM12 0EQ

REGISTERED NUMBER:

03475717 (England and Wales)

FIXED ASSETS

Tangible assets

4

808,385

1,410,000

CURRENT ASSETS

Debtors

5

251,451

365,027

Cash at bank

4,987

8,449

256,438

373,476

CREDITORS

Amounts falling due within one year

6

227,558

31,036

NET CURRENT ASSETS

28,880

342,440

TOTAL ASSETS LESS CURRENT LIABILITIES

837,265

1,752,440

CREDITORS

Amounts falling due after more than one year

7

-

650,000

NET ASSETS

837,265

1,102,440

CAPITAL AND RESERVES

Called up share capital

9

5,075

5,075

Revaluation reserve

10

608,423

1,014,038

Capital redemption reserve

25

25

Retained earnings

223,742

83,302

SHAREHOLDERS' FUNDS

837,265

1,102,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2021 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2021 and were signed on its behalf by:

A A Hollis - Director

1.	STATUTORY INFORMATION

County Maintenance Services 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 represents sales of property.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2019 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 December 2019

1,410,000

Disposals

(601,615

)

At 28 February 2021

808,385

NET BOOK VALUE

At 28 February 2021

808,385

At 30 November 2019

1,410,000

Cost or valuation at 28 February 2021 is represented by:

Land and

buildings

£

Valuation in 2002

734,349

Valuation in 2009

279,689

Valuation in 2013

1,110,962

Valuation in 2016

(715,000

)

Valuation in 2021

(601,615

)

808,385

If Freehold Property had not been revalued it would have been included at the following historical cost:

28.2.21

30.11.19

£

£

Cost

199,692

395,962

Freehold Property was valued on an open market basis on 28 February 2021 by A A Hollis, a director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.21

30.11.19

£

£

Other debtors

251,451

365,027

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.21

30.11.19

£

£

Taxation and social security

16,917

-

Other creditors

210,641

31,036

227,558

31,036

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.21

30.11.19

£

£

Bank loans

-

650,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

-

650,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.21

30.11.19

£

£

Bank loans

-

650,000

Bank loans are secured on the tangible fixed assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.21

30.11.19

value:

£

£

5,075

Ordinary

£1

5,075

5,075

10.

RESERVES

Revaluation

reserve

£

At 1 December 2019

1,014,038

Revaluation of freehold

(405,615

)

At 28 February 2021

608,423