Registered number: 04283173 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
Prepared By: | ||||||||
Tobin Associates Limited |
ACCURATE COOLING SERVICES LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04283173 | ||||||||
ACCOUNTANTS | ||||||||
Tobin Associates Limited |
ACCURATE COOLING SERVICES LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
ACCURATE COOLING SERVICES LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
1,118,433 | 1,118,138 | |||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS | 478,173 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 8 | 209,208 | 232,087 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 815,311 | 714,183 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
ACCURATE COOLING SERVICES LTD | ||||||||
BALANCE SHEET AT | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
ACCURATE COOLING SERVICES LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | straight line 25% | |||||||
Equipment | straight line 33.33% | |||||||
Motor Cars | straight line 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
ACCURATE COOLING SERVICES LTD | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 18 | |||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Fixtures | |||||||||
Buildings | and Fittings | Equipment | Motor Vehicles | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 1 April 2022 | 389,865 | 18,009 | 71,302 | 326,056 | 805,232 | |||||
Additions | - | 61,035 | 1,707 | 173,363 | 236,105 | |||||
Disposals | - | - | - | (27,292) | (27,292) | |||||
At 31 March 2023 | 389,865 | 79,044 | 73,009 | 472,127 | 1,014,045 | |||||
Depreciation | ||||||||||
At 1 April 2022 | - | 4,502 | 60,042 | 272,588 | 337,132 | |||||
Disposals | - | - | - | (26,551) | (26,551) | |||||
For the year | - | 19,761 | 8,293 | 69,480 | 97,534 | |||||
At 31 March 2023 | - | 24,263 | 68,335 | 315,517 | 408,115 | |||||
Net Book Amounts | ||||||||||
At 31 March 2023 | 389,865 | 54,781 | 4,674 | 156,610 | 605,930 | |||||
At 31 March 2022 | 389,865 | 13,507 | 11,260 | 53,468 | 468,100 | |||||
4. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 1 April 2022 | 1 | 1 | |||||||
At 31 March 2023 | 1 | 1 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31 March 2023 | 1 | 1 | |||||||
At 31 March 2022 | 1 | 1 | |||||||
ACCURATE COOLING SERVICES LTD | ||||||||
5. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
6. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 700,016 | 610,014 | ||||||
Other debtors | 27,271 | 22,002 | ||||||
Amounts due from related undertaking | 183,490 | 238,730 | ||||||
Prepayments | 6,309 | - | ||||||
917,086 | 870,746 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 11,491 | 52,500 | ||||||
VAT | 99,626 | 109,655 | ||||||
PAYE control | 28,875 | - | ||||||
Directors current account | - | 57,985 | ||||||
Trade creditors | 518,053 | 398,892 | ||||||
Other creditors | 41,796 | 20,933 | ||||||
699,841 | 639,965 | |||||||
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 209,208 | 232,087 | ||||||
209,208 | 232,087 | |||||||
ACCURATE COOLING SERVICES LTD | ||||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||
4 | 4 | |||||||
New shares issued during period: | ||||||||
4 | 4 | |||||||