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REGISTERED NUMBER: 11832137 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 30 November 2023

for

Staffordshire Refrigeration And Air
Conditioning Ltd

Staffordshire Refrigeration And Air
Conditioning Ltd (Registered number: 11832137)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Staffordshire Refrigeration And Air
Conditioning Ltd

Company Information
for the Period 1 April 2023 to 30 November 2023







DIRECTOR: R F Evans





REGISTERED OFFICE: Units 5-12 Birchbrook Industrial Park
Lynn Lane
Shenstone
Lichfield
Staffordshire
WS14 0DJ





REGISTERED NUMBER: 11832137 (England and Wales)





ACCOUNTANTS: N R Penn & Co Limited
The Association Of Accounting Technicians
5 Load Street
Bewdley
Worcestershire
DY12 2AF

Staffordshire Refrigeration And Air
Conditioning Ltd (Registered number: 11832137)

Balance Sheet
30 November 2023

30.11.23 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,594 28,793
Tangible assets 5 57,742 68,746
83,336 97,539

CURRENT ASSETS
Stocks 30,000 30,000
Debtors 6 87,898 67,822
Cash in hand 80,797 54,633
198,695 152,455
CREDITORS
Amounts falling due within one year 7 212,182 186,156
NET CURRENT LIABILITIES (13,487 ) (33,701 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,849

63,838

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 69,749 63,738
69,849 63,838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Staffordshire Refrigeration And Air
Conditioning Ltd (Registered number: 11832137)

Balance Sheet - continued
30 November 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 August 2024 and were signed by:





R F Evans - Director


Staffordshire Refrigeration And Air
Conditioning Ltd (Registered number: 11832137)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 November 2023

1. STATUTORY INFORMATION

Staffordshire Refrigeration And Air Conditioning Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

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.

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
Motor vehicles - 25% on reducing balance

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 period 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.


Staffordshire Refrigeration And Air
Conditioning Ltd (Registered number: 11832137)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 November 2023

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 30 November 2023 47,989
AMORTISATION
At 1 April 2023 19,196
Charge for period 3,199
At 30 November 2023 22,395
NET BOOK VALUE
At 30 November 2023 25,594
At 31 March 2023 28,793

Staffordshire Refrigeration And Air
Conditioning Ltd (Registered number: 11832137)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023
and 30 November 2023 32,673 93,154 125,827
DEPRECIATION
At 1 April 2023 19,052 38,029 57,081
Charge for period 1,816 9,188 11,004
At 30 November 2023 20,868 47,217 68,085
NET BOOK VALUE
At 30 November 2023 11,805 45,937 57,742
At 31 March 2023 13,621 55,125 68,746

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 31.3.23
£    £   
Trade debtors 51,966 31,149
Other debtors 35,932 36,673
87,898 67,822

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 31.3.23
£    £   
Hire purchase contracts 30,044 38,563
Trade creditors 34,488 15,256
Taxation and social security 16,903 3,417
Other creditors 130,747 128,920
212,182 186,156

8. PARENT COMPANY

The company is a wholly owned subsidiary of Sovereign Group Holdings Limited a company incorporated in England and Wales.