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Company Registration No. 06121935 (England and Wales)
Kryos Cooling Limited Accounts for the year ended 28 February 2023
Kryos Cooling Limited Accounts Contents
Page
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Kryos Cooling Limited Company Information for the year ended 28 February 2023
Director
Arfan Naseer
Company Number
06121935 (England and Wales)
Registered Office
Office G26, CT3 Building Wigan Investment Centre, Waterside Drive Wigan WN3 5BA
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
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Kryos Cooling Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,339 
5,364 
Current assets
Cash at bank and in hand
8,073 
27,594 
Creditors: amounts falling due within one year
(8,606)
(26,720)
Net current (liabilities)/assets
(533)
874 
Net assets
4,806 
6,238 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,805 
6,237 
Shareholders' funds
4,806 
6,238 
For the year ending 28 February 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 his 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 1 November 2023 and were signed on its behalf by
Arfan Naseer Director Company Registration No. 06121935
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Kryos Cooling Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Kryos Cooling Limited is a private company, limited by shares, registered in England and Wales, registration number 06121935. The registered office is Office G26, CT3 Building, Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 & 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:
Plant & machinery
20% Reducing Balance Basis
Motor vehicles
20% Reducing Balance Basis
Going Concern
The accounts have been prepared on a "Going Concern" basis, which assumes that the company will continue to trade normally for the foreseeable future.
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Kryos Cooling Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
1,150 
24,107 
25,257 
At 28 February 2023
1,150 
24,107 
25,257 
Depreciation
At 1 March 2022
1,051 
18,842 
19,893 
Charge for the year
25 
- 
25 
At 28 February 2023
1,076 
18,842 
19,918 
Net book value
At 28 February 2023
74 
5,265 
5,339 
At 28 February 2022
99 
5,265 
5,364 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
6,375 
6,375 
Trade creditors
2,130 
14,547 
Taxes and social security
101 
304 
Other creditors
- 
794 
Loans from directors
- 
4,700 
8,606 
26,720 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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