Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-07-01falseNo description of principal activity1312truetrue SC283934 2022-07-01 2023-06-30 SC283934 2021-07-01 2022-06-30 SC283934 2023-06-30 SC283934 2022-06-30 SC283934 c:CompanySecretary1 2022-07-01 2023-06-30 SC283934 c:Director1 2022-07-01 2023-06-30 SC283934 c:RegisteredOffice 2022-07-01 2023-06-30 SC283934 d:PlantMachinery 2022-07-01 2023-06-30 SC283934 d:PlantMachinery 2023-06-30 SC283934 d:PlantMachinery 2022-06-30 SC283934 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC283934 d:MotorVehicles 2022-07-01 2023-06-30 SC283934 d:MotorVehicles 2023-06-30 SC283934 d:MotorVehicles 2022-06-30 SC283934 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC283934 d:FurnitureFittings 2022-07-01 2023-06-30 SC283934 d:FurnitureFittings 2023-06-30 SC283934 d:FurnitureFittings 2022-06-30 SC283934 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC283934 d:OfficeEquipment 2022-07-01 2023-06-30 SC283934 d:OfficeEquipment 2023-06-30 SC283934 d:OfficeEquipment 2022-06-30 SC283934 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC283934 d:OtherPropertyPlantEquipment 2022-07-01 2023-06-30 SC283934 d:OtherPropertyPlantEquipment 2023-06-30 SC283934 d:OtherPropertyPlantEquipment 2022-06-30 SC283934 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC283934 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC283934 d:CurrentFinancialInstruments 2023-06-30 SC283934 d:CurrentFinancialInstruments 2022-06-30 SC283934 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC283934 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 SC283934 d:ShareCapital 2023-06-30 SC283934 d:ShareCapital 2022-06-30 SC283934 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC283934 d:RetainedEarningsAccumulatedLosses 2022-06-30 SC283934 c:OrdinaryShareClass1 2022-07-01 2023-06-30 SC283934 c:OrdinaryShareClass1 2023-06-30 SC283934 c:FRS102 2022-07-01 2023-06-30 SC283934 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 SC283934 c:FullAccounts 2022-07-01 2023-06-30 SC283934 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC283934










CHILLFORCE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

 
CHILLFORCE LIMITED
 

COMPANY INFORMATION


Director
Mr D Grant 




Company secretary
Mrs L Grant



Registered number
SC283934



Registered office
Unit 1
Market Mews

Dundee

DD1 3LA




Accountants
EQ Accountants LLP
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
CHILLFORCE LIMITED
REGISTERED NUMBER: SC283934

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 3 
62,424
82,985

  
62,424
82,985

Current assets
  

Stocks
  
141,699
141,104

Debtors: amounts falling due within one year
 4 
187,988
310,307

Cash at bank and in hand
  
302,545
215,771

  
632,232
667,182

Creditors: amounts falling due within one year
 5 
(168,950)
(237,108)

Net current assets
  
 
 
463,282
 
 
430,074

Total assets less current liabilities
  
525,706
513,059

Provisions for liabilities
  

Deferred Tax
  
(13,983)
(14,445)

  
 
 
(13,983)
 
 
(14,445)

Net assets
  
511,723
498,614


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
511,623
498,514

  
511,723
498,614


Page 1

 
CHILLFORCE LIMITED
REGISTERED NUMBER: SC283934

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 November 2023.




Mr D Grant
Director

Page 2

 
CHILLFORCE LIMITED
 

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

1.


General information

Chillforce Limited is a company limited by shares incorporated in Scotland within the United Kingdom.  The address of the registered office is Unit 1, Market Mews, Dundee, DD1 3LA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
CHILLFORCE LIMITED
 

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

2.Accounting policies (continued)

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 4

 
CHILLFORCE LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as noted below.

Depreciation is provided on the following basis:

Tenant's Improvements
-
10% Reducing Balance
Motor Vehicles
-
25% Reducing Balance
Fixtures and fittings
-
25% Reducing Balance
Office equipment
-
25% Reducing Balance
Tools and Equipment
-
25% Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 5

 
CHILLFORCE LIMITED
 

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

3.


Tangible fixed assets





Tenant's Improvements
Motor Vehicles
Fixtures and fittings
Office equipment
Tools and Equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 July 2022
6,556
208,441
1,493
8,684
7,710
232,884



At 30 June 2023

6,556
208,441
1,493
8,684
7,710
232,884



Depreciation


At 1 July 2022
5,331
129,874
1,475
5,654
7,565
149,899


Charge for the year on owned assets
122
19,644
4
756
35
20,561



At 30 June 2023

5,453
149,518
1,479
6,410
7,600
170,460



Net book value



At 30 June 2023
1,103
58,923
14
2,274
110
62,424



At 30 June 2022
1,225
78,567
18
3,030
145
82,985

Page 6

 
CHILLFORCE LIMITED
 

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

4.


Debtors

2023
2022
£
£


Trade debtors
182,929
305,998

Prepayments and accrued income
5,059
4,309

187,988
310,307



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
87,287
149,154

Other taxation and social security
48,298
56,631

Other creditors
926
4,848

Accruals and deferred income
32,439
26,475

168,950
237,108





6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100



7.


Pension commitments

The Company operates a defined contribution pension scheme. the assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund amounted and amounted to £64,016 (2022 - £49,267). Contributions totalling £nil (2022 - £2,109) were payable to the fund at the reporting date and are included in creditors.


Page 7