Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30No description of principal activity2022-10-01false55falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07012099 2022-10-01 2023-09-30 07012099 2021-10-01 2022-09-30 07012099 2023-09-30 07012099 2022-09-30 07012099 c:Director1 2022-10-01 2023-09-30 07012099 c:Director2 2022-10-01 2023-09-30 07012099 c:RegisteredOffice 2022-10-01 2023-09-30 07012099 d:FurnitureFittings 2022-10-01 2023-09-30 07012099 d:FurnitureFittings 2023-09-30 07012099 d:FurnitureFittings 2022-09-30 07012099 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 07012099 d:CurrentFinancialInstruments 2023-09-30 07012099 d:CurrentFinancialInstruments 2022-09-30 07012099 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07012099 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 07012099 d:ShareCapital 2023-09-30 07012099 d:ShareCapital 2022-09-30 07012099 d:RetainedEarningsAccumulatedLosses 2023-09-30 07012099 d:RetainedEarningsAccumulatedLosses 2022-09-30 07012099 c:FRS102 2022-10-01 2023-09-30 07012099 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 07012099 c:FullAccounts 2022-10-01 2023-09-30 07012099 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Company registration number: 07012099







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2023


CLIMATROL LIMITED






































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CLIMATROL LIMITED
 


 
COMPANY INFORMATION


Directors
A K Matthew 
P J A Brookman 




Registered number
07012099



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

TW18 4BP




Trading Address
Suite 5, Third Floor
Park House

1-4 Park Terrace

Worcester Park

Surrey

KT4 7JZ






Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


CLIMATROL LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 5


 


CLIMATROL LIMITED
REGISTERED NUMBER:07012099



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,685
3,916

  
3,685
3,916

Current assets
  

Debtors: amounts falling due within one year
 5 
80,860
32,432

Cash at bank and in hand
  
184,413
90,223

  
265,273
122,655

Creditors: amounts falling due within one year
 6 
(83,093)
(21,209)

Net current assets
  
 
 
182,180
 
 
101,446

Total assets less current liabilities
  
185,865
105,362

  

Net assets
  
185,865
105,362


Capital and reserves
  

Called up share capital 
  
422
401

Profit and loss account
  
185,443
104,961

  
185,865
105,362


The directors consider 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 directors acknowledge their 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 by: 



A K Matthew
Director
Date: 21 February 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 


CLIMATROL LIMITED
 


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

1.


General information

Climatrol Limited is a private company, limited by shares and incorporated in England & Wales. The address of the principal place of business and the registered office are given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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 generated through the provision of system integration solutions for building management systems and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

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.

 
2.5

Taxation

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.

Page 2

 


CLIMATROL LIMITED
 


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

2.Accounting policies (continued)

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
reducing balance basis

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.

 
2.7

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.

The company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 3

 


CLIMATROL LIMITED
 


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

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 October 2022
5,718


Additions
1,011


Disposals
(1,524)



At 30 September 2023

5,205



Depreciation


At 1 October 2022
1,802


Charge for the year on owned assets
645


Disposals
(927)



At 30 September 2023

1,520



Net book value



At 30 September 2023
3,685



At 30 September 2022
3,916


5.


Debtors

2023
2022
£
£


Trade debtors
74,116
29,227

Other debtors
4,936
1,400

Prepayments and accrued income
1,808
1,805

80,860
32,432


Page 4

 


CLIMATROL LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
36,554
3,056

Other taxation and social security
41,376
13,128

Accruals and deferred income
5,163
5,025

83,093
21,209


 
Page 5