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REGISTERED NUMBER: 07912705 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

ANDREWS COOLING LIMITED

ANDREWS COOLING LIMITED (REGISTERED NUMBER: 07912705)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANDREWS COOLING LIMITED

COMPANY INFORMATION
for the Year Ended 29th February 2024







DIRECTORS: S R Andrews
M J Andrews





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 07912705 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

ANDREWS COOLING LIMITED (REGISTERED NUMBER: 07912705)

BALANCE SHEET
29th February 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,211 64,294

CURRENT ASSETS
Stocks 24,450 23,875
Debtors 5 42,714 63,582
Cash at bank 154,091 126,152
221,255 213,609
CREDITORS
Amounts falling due within one year 6 52,287 64,522
NET CURRENT ASSETS 168,968 149,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,179

213,381

PROVISIONS FOR LIABILITIES 7 17,647 12,216
NET ASSETS 231,532 201,165

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 231,432 201,065
SHAREHOLDERS' FUNDS 231,532 201,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ANDREWS COOLING LIMITED (REGISTERED NUMBER: 07912705)

BALANCE SHEET - continued
29th February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th April 2024 and were signed on its behalf by:





S R Andrews - Director


ANDREWS COOLING LIMITED (REGISTERED NUMBER: 07912705)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

Andrews Cooling Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ANDREWS COOLING LIMITED (REGISTERED NUMBER: 07912705)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29th February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st March 2023 25,942 1,494 90,242 13,870 131,548
Additions 2,860 - 43,422 - 46,282
Disposals - - (30,410 ) - (30,410 )
At 29th February 2024 28,802 1,494 103,254 13,870 147,420
DEPRECIATION
At 1st March 2023 13,460 460 42,042 11,292 67,254
Charge for year 2,889 150 16,933 972 20,944
Eliminated on disposal - - (20,989 ) - (20,989 )
At 29th February 2024 16,349 610 37,986 12,264 67,209
NET BOOK VALUE
At 29th February 2024 12,453 884 65,268 1,606 80,211
At 28th February 2023 12,482 1,034 48,200 2,578 64,294

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade debtors 42,386 62,292
Prepayments 328 1,290
42,714 63,582

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade creditors 4,430 14,085
Tax 20,029 19,929
Social security and other taxes 1,836 1,703
VAT 19,628 22,017
Directors' current accounts 4,131 5,091
Accrued expenses 2,233 1,697
52,287 64,522

7. PROVISIONS FOR LIABILITIES
29/2/24 28/2/23
£    £   
Deferred tax 17,647 12,216

ANDREWS COOLING LIMITED (REGISTERED NUMBER: 07912705)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29th February 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st March 2023 12,216
Accelerated capital allowances 5,431
Balance at 29th February 2024 17,647

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/2/24 28/2/23
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

Mr S Andrews owns 67% of the issued share capital of the company.