Country Securities Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01899905 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2022

for

Country Securities Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

13

18

Investments

5

1

1

14

19

CURRENT ASSETS

Debtors

6

420,161

20,147

Cash at bank and in hand

1,220,307

1,343,952

1,640,468

1,364,099

CREDITORS

Amounts falling due within one year

7

(181,979

)

(155,538

)

NET CURRENT ASSETS

1,458,489

1,208,561

TOTAL ASSETS LESS CURRENT LIABILITIES

1,458,503

1,208,580

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,458,403

1,208,480

SHAREHOLDERS' FUNDS

1,458,503

1,208,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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 2 February 2023 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 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2021

and 31 August 2022

2,132

DEPRECIATION

At 1 September 2021

2,114

Charge for year

5

At 31 August 2022

2,119

NET BOOK VALUE

At 31 August 2022

13

At 31 August 2021

18

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2021

and 31 August 2022

1

NET BOOK VALUE

At 31 August 2022

1

At 31 August 2021

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.22

31.8.21

£

£

Other debtors

420,161

20,147

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.22

31.8.21

£

£

Taxation and social security

4,920

1,496

Other creditors

177,059

154,042

181,979

155,538

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M A Hatter.