Company Registration No. 3496029 (England and Wales)
The Cold Consortium Limited
Unaudited accounts
for the year ended 30 April 2023
The Cold Consortium Limited
Unaudited accounts
Contents
The Cold Consortium Limited
Company Information
for the year ended 30 April 2023
Company Number
3496029 (England and Wales)
Registered Office
Unit 8, Holme Industrial Estate
Skiff Lane, Holme on Spalding Moor
YORK
YO43 4BB
United Kingdom
Accountants
Rees & Co
Macclesfield
Cheshire
The Cold Consortium Limited
Accountants' report
Accountants' report to the director of The Cold Consortium Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
The Cold Consortium Limited for the year ended
30 April 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of The Cold Consortium Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of The Cold Consortium Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Cold Consortium Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Cold Consortium Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Cold Consortium Limited. You consider that The Cold Consortium Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Cold Consortium Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Rees & Co
Macclesfield
Cheshire
31 October 2023
The Cold Consortium Limited
Statement of financial position
as at 30 April 2023
Tangible assets
756,705
758,889
Inventories
230,000
220,000
Cash at bank and in hand
175,021
147,980
Creditors: amounts falling due within one year
(64,600)
(101,801)
Net current assets
371,037
340,357
Total assets less current liabilities
1,127,742
1,099,246
Creditors: amounts falling due after more than one year
(141,891)
(168,829)
Provisions for liabilities
Deferred tax
(100,108)
(100,480)
Net assets
885,743
829,937
Called up share capital
200
200
Revaluation reserve
425,518
425,518
Profit and loss account
460,025
404,219
Shareholders' funds
885,743
829,937
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2023 and were signed on its behalf by
B Radley-Gardner
Director
Company Registration No. 3496029
The Cold Consortium Limited
Notes to the Accounts
for the year ended 30 April 2023
The Cold Consortium Limited is a private company, limited by shares, registered in England and Wales, registration number 3496029. The registered office is Unit 8, Holme Industrial Estate, Skiff Lane, Holme on Spalding Moor, YORK, YO43 4BB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The Cold Consortium Limited
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2022
718,255
190,218
908,473
At 30 April 2023
718,255
195,432
913,687
At 1 May 2022
-
149,584
149,584
Charge for the year
-
7,398
7,398
At 30 April 2023
-
156,982
156,982
At 30 April 2023
718,255
38,450
756,705
At 30 April 2022
718,255
40,634
758,889
Amounts falling due within one year
Trade debtors
30,616
74,178
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
49,455
60,574
Taxes and social security
8,635
34,717
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
134,653
144,342
8
Average number of employees
During the year the average number of employees was 9 (2022: 9).