2022-03-012023-02-282023-02-28false11849229CORE THERMAL LTD2023-06-0843999iso4217:GBPxbrli:pure118492292022-03-01118492292023-02-28118492292022-03-012023-02-28118492292021-03-01118492292022-02-28118492292021-03-012022-02-2811849229bus:SmallEntities2022-03-012023-02-2811849229bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2811849229bus:FullAccounts2022-03-012023-02-2811849229bus:PrivateLimitedCompanyLtd2022-03-012023-02-2811849229core:WithinOneYear2023-02-2811849229core:AfterOneYear2023-02-2811849229core:WithinOneYear2022-02-2811849229core:AfterOneYear2022-02-2811849229core:ShareCapital2023-02-2811849229core:SharePremium2023-02-2811849229core:RevaluationReserve2023-02-2811849229core:OtherReservesSubtotal2023-02-2811849229core:RetainedEarningsAccumulatedLosses2023-02-2811849229core:ShareCapital2022-02-2811849229core:SharePremium2022-02-2811849229core:RevaluationReserve2022-02-2811849229core:OtherReservesSubtotal2022-02-2811849229core:RetainedEarningsAccumulatedLosses2022-02-2811849229core:LandBuildings2023-02-2811849229core:PlantMachinery2023-02-2811849229core:Vehicles2023-02-2811849229core:FurnitureFittings2023-02-2811849229core:OfficeEquipment2023-02-2811849229core:NetGoodwill2023-02-2811849229core:IntangibleAssetsOtherThanGoodwill2023-02-2811849229core:ListedExchangeTraded2023-02-2811849229core:UnlistedNon-exchangeTraded2023-02-2811849229core:LandBuildings2022-02-2811849229core:PlantMachinery2022-02-2811849229core:Vehicles2022-02-2811849229core:FurnitureFittings2022-02-2811849229core:OfficeEquipment2022-02-2811849229core:NetGoodwill2022-02-2811849229core:IntangibleAssetsOtherThanGoodwill2022-02-2811849229core:ListedExchangeTraded2022-02-2811849229core:UnlistedNon-exchangeTraded2022-02-2811849229core:LandBuildings2022-03-012023-02-2811849229core:PlantMachinery2022-03-012023-02-2811849229core:Vehicles2022-03-012023-02-2811849229core:FurnitureFittings2022-03-012023-02-2811849229core:OfficeEquipment2022-03-012023-02-2811849229core:NetGoodwill2022-03-012023-02-2811849229core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2811849229core:ListedExchangeTraded2022-03-012023-02-2811849229core:UnlistedNon-exchangeTraded2022-03-012023-02-2811849229core:MoreThanFiveYears2022-03-012023-02-2811849229core:Non-currentFinancialInstruments2023-02-2811849229core:Non-currentFinancialInstruments2022-02-2811849229dpl:CostSales2022-03-012023-02-2811849229dpl:DistributionCosts2022-03-012023-02-2811849229core:LandBuildings2022-03-012023-02-2811849229core:PlantMachinery2022-03-012023-02-2811849229core:Vehicles2022-03-012023-02-2811849229core:FurnitureFittings2022-03-012023-02-2811849229core:OfficeEquipment2022-03-012023-02-2811849229dpl:AdministrativeExpenses2022-03-012023-02-2811849229core:NetGoodwill2022-03-012023-02-2811849229core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2811849229dpl:GroupUndertakings2022-03-012023-02-2811849229dpl:ParticipatingInterests2022-03-012023-02-2811849229dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2811849229core:ListedExchangeTraded2022-03-012023-02-2811849229dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2811849229core:UnlistedNon-exchangeTraded2022-03-012023-02-2811849229dpl:CostSales2021-03-012022-02-2811849229dpl:DistributionCosts2021-03-012022-02-2811849229core:LandBuildings2021-03-012022-02-2811849229core:PlantMachinery2021-03-012022-02-2811849229core:Vehicles2021-03-012022-02-2811849229core:FurnitureFittings2021-03-012022-02-2811849229core:OfficeEquipment2021-03-012022-02-2811849229dpl:AdministrativeExpenses2021-03-012022-02-2811849229core:NetGoodwill2021-03-012022-02-2811849229core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2811849229dpl:GroupUndertakings2021-03-012022-02-2811849229dpl:ParticipatingInterests2021-03-012022-02-2811849229dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2811849229core:ListedExchangeTraded2021-03-012022-02-2811849229dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2811849229core:UnlistedNon-exchangeTraded2021-03-012022-02-2811849229core:NetGoodwill2023-02-2811849229core:IntangibleAssetsOtherThanGoodwill2023-02-2811849229core:LandBuildings2023-02-2811849229core:PlantMachinery2023-02-2811849229core:Vehicles2023-02-2811849229core:FurnitureFittings2023-02-2811849229core:OfficeEquipment2023-02-2811849229core:AfterOneYear2023-02-2811849229core:WithinOneYear2023-02-2811849229core:ListedExchangeTraded2023-02-2811849229core:UnlistedNon-exchangeTraded2023-02-2811849229core:ShareCapital2023-02-2811849229core:SharePremium2023-02-2811849229core:RevaluationReserve2023-02-2811849229core:OtherReservesSubtotal2023-02-2811849229core:RetainedEarningsAccumulatedLosses2023-02-2811849229core:NetGoodwill2022-02-2811849229core:IntangibleAssetsOtherThanGoodwill2022-02-2811849229core:LandBuildings2022-02-2811849229core:PlantMachinery2022-02-2811849229core:Vehicles2022-02-2811849229core:FurnitureFittings2022-02-2811849229core:OfficeEquipment2022-02-2811849229core:AfterOneYear2022-02-2811849229core:WithinOneYear2022-02-2811849229core:ListedExc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CORE THERMAL LTD

Registered Number
11849229
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

CORE THERMAL LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

PHILLIPS, Charles

Registered Address

Waterloo House Ellacott Morris Ltd
2 Colchester Road
St Osyth
CO16 8HA

Registered Number

11849229 (England and Wales)
CORE THERMAL LTD
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets53,3275,404
3,3275,404
Current assets
Debtors662,98625,618
Cash at bank and on hand46,88151,587
109,86777,205
Creditors amounts falling due within one year7(39,520)(21,148)
Net current assets (liabilities)70,34756,057
Total assets less current liabilities73,67461,461
Net assets73,67461,461
Capital and reserves
Called up share capital11
Profit and loss account73,67361,460
Shareholders' funds73,67461,461
The financial statements were approved and authorised for issue by the Director on 8 June 2023, and are signed on its behalf by:
PHILLIPS, Charles
Director
Registered Company No. 11849229
CORE THERMAL LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
4.Employee information

20232022
Average number of employees during the year21
5.Property, plant and equipment

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 March 226,2632746,537
Disposals(2,000)-(2,000)
At 28 February 234,2632744,537
Depreciation and impairment
At 01 March 221,123101,133
Charge for year116677
At 28 February 231,134761,210
Net book value
At 28 February 233,1291983,327
At 28 February 225,1402645,404
6.Debtors

2023

2022

££
Trade debtors / trade receivables42,96112,180
Other debtors19,92813,312
Prepayments and accrued income97126
Total62,98625,618
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables16,1582,297
Taxation and social security16,21417,090
Finance lease and HP contracts1,6481,647
Other creditors-114
Accrued liabilities and deferred income5,500-
Total39,52021,148
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.