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REGISTERED NUMBER: 08576228 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

ALDRIDGE AIR CONDITIONING LIMITED

ALDRIDGE AIR CONDITIONING LIMITED (REGISTERED NUMBER: 08576228)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


ALDRIDGE AIR CONDITIONING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: R J Rudd
A M Rudd
L Margetson





SECRETARY:





REGISTERED OFFICE: 256 Walsall Road
Cannock
Staffordshire
WS11 OJL





REGISTERED NUMBER: 08576228 (England and Wales)





ACCOUNTANTS: JFR Accountancy Limited
61 Irnham Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2TQ

ALDRIDGE AIR CONDITIONING LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
ALDRIDGE AIR CONDITIONING LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on pages two to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






JFR Accountancy Limited
61 Irnham Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2TQ


30 November 2023

ALDRIDGE AIR CONDITIONING LIMITED (REGISTERED NUMBER: 08576228)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,321 200,455

CURRENT ASSETS
Stocks 178,625 120,153
Debtors 5 826,665 999,937
Cash at bank and in hand 16,060 169
1,021,350 1,120,259
CREDITORS
Amounts falling due within one year 6 1,023,406 1,138,505
NET CURRENT LIABILITIES (2,056 ) (18,246 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,265

182,209

CREDITORS
Amounts falling due after more than one
year

7

(127,797

)

(158,525

)

PROVISIONS FOR LIABILITIES (20,488 ) (20,488 )
NET ASSETS 8,980 3,196

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,880 3,096
SHAREHOLDERS' FUNDS 8,980 3,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

ALDRIDGE AIR CONDITIONING LIMITED (REGISTERED NUMBER: 08576228)

BALANCE SHEET - continued
30 JUNE 2023


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 30 November 2023 and were signed on its behalf by:





A M Rudd - Director


ALDRIDGE AIR CONDITIONING LIMITED (REGISTERED NUMBER: 08576228)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stock and work in progress
Stocks and work in progress have been calculated by comparing costs incurred and costs invoiced at the year end in order to calculate a fair and reasonable element of profit at that time. Sales only include invoices raised and so the revenue is being recognised via the adjustment to work in progress.

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.

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.

ALDRIDGE AIR CONDITIONING LIMITED (REGISTERED NUMBER: 08576228)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 37,854 8,625 194,125 30,094 270,698
Additions 10,160 2,580 - 716 13,456
At 30 June 2023 48,014 11,205 194,125 30,810 284,154
DEPRECIATION
At 1 July 2022 9,864 4,289 36,853 19,237 70,243
Charge for year 7,844 1,299 39,318 6,129 54,590
At 30 June 2023 17,708 5,588 76,171 25,366 124,833
NET BOOK VALUE
At 30 June 2023 30,306 5,617 117,954 5,444 159,321
At 30 June 2022 27,990 4,336 157,272 10,857 200,455

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 761,925 909,901
Other debtors 64,740 90,036
826,665 999,937

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,071 30,106
Hire purchase contracts 26,636 45,905
Factoring account 154,285 -
Trade creditors 705,290 743,111
Taxation and social security 102,783 210,150
Other creditors 25,341 109,233
1,023,406 1,138,505

Included in other creditors is an amount due to the directors of £7,302 (2022 - £44,152).

ALDRIDGE AIR CONDITIONING LIMITED (REGISTERED NUMBER: 08576228)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 18,019 28,884
Hire purchase contracts 109,778 129,641
127,797 158,525

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 27,090 37,955
Hire purchase contracts 136,414 175,546
163,504 213,501

The company has taken advantage of a Bounce Back Loan due to the adverse affect of COVID 19. The loan is due to be repaid over 5 years.

The hire purchase creditor is secured against items included within fixed assets.