REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28 September 2023 |
for |
Climatech Group Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28 September 2023 |
for |
Climatech Group Ltd |
Climatech Group Ltd (Registered number: 12293100) |
Contents of the Financial Statements |
for the Year Ended 28 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Report of the Accountants | 6 |
Climatech Group Ltd |
Company Information |
for the Year Ended 28 September 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
24 Picton House |
Hussar Court |
Waterlooville |
Hampshire |
PO7 7SQ |
Climatech Group Ltd (Registered number: 12293100) |
Balance Sheet |
28 September 2023 |
28.9.23 | 28.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Climatech Group Ltd (Registered number: 12293100) |
Notes to the Financial Statements |
for the Year Ended 28 September 2023 |
1. | STATUTORY INFORMATION |
Climatech Group Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
Accounts are rounded to the nearest pound. |
These accounts represent the company as an individual entity. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
Climatech Group Ltd (Registered number: 12293100) |
Notes to the Financial Statements - continued |
for the Year Ended 28 September 2023 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST OR VALUATION |
At 29 September 2022 |
and 28 September 2023 |
AMORTISATION |
At 29 September 2022 |
and 28 September 2023 |
NET BOOK VALUE |
At 28 September 2023 |
At 28 September 2022 |
Cost or valuation at 28 September 2023 is represented by: |
Goodwill |
£ |
Valuation in 2021 | (194,800 | ) |
Cost | 243,500 |
48,700 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 29 September 2022 |
and 28 September 2023 |
NET BOOK VALUE |
At 28 September 2023 |
At 28 September 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.9.23 | 28.9.22 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.9.23 | 28.9.22 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
Climatech Group Ltd (Registered number: 12293100) |
Notes to the Financial Statements - continued |
for the Year Ended 28 September 2023 |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At the year end, the company owed the director £99,103 (2022: £106,187) |
Climatech Group Ltd |
Report of the Accountants to the Director of |
Climatech Group Ltd |
The following reproduces the text of the report prepared for the director 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 Director 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 28 September 2023 set out on pages three to seven 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. |
24 Picton House |
Hussar Court |
Waterlooville |
Hampshire |
PO7 7SQ |
Date: ............................................. |