Refrigeration And Site Services Limited 03009969 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is provision of industrial refrigeration services and property investment Digita Accounts Production Advanced 6.30.9574.0 true true true 03009969 2023-02-01 2024-01-31 03009969 2024-01-31 03009969 bus:OrdinaryShareClass1 2024-01-31 03009969 core:CurrentFinancialInstruments 2024-01-31 03009969 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 03009969 core:FurnitureFittingsToolsEquipment 2024-01-31 03009969 core:MotorVehicles 2024-01-31 03009969 bus:SmallEntities 2023-02-01 2024-01-31 03009969 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 03009969 bus:FullAccounts 2023-02-01 2024-01-31 03009969 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 03009969 bus:RegisteredOffice 2023-02-01 2024-01-31 03009969 bus:Director2 2023-02-01 2024-01-31 03009969 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 03009969 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 03009969 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 03009969 core:MotorVehicles 2023-02-01 2024-01-31 03009969 core:PlantMachinery 2023-02-01 2024-01-31 03009969 1 2023-02-01 2024-01-31 03009969 countries:EnglandWales 2023-02-01 2024-01-31 03009969 2023-01-31 03009969 core:FurnitureFittingsToolsEquipment 2023-01-31 03009969 core:MotorVehicles 2023-01-31 03009969 2022-02-01 2023-01-31 03009969 2023-01-31 03009969 bus:OrdinaryShareClass1 2023-01-31 03009969 core:CurrentFinancialInstruments 2023-01-31 03009969 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 03009969 core:FurnitureFittingsToolsEquipment 2023-01-31 03009969 core:MotorVehicles 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03009969

Refrigeration And Site Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Refrigeration And Site Services Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Refrigeration And Site Services Limited

(Registration number: 03009969)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

135,855

192,436

Current assets

 

Debtors

5

129,438

134,153

Cash at bank and in hand

 

521,371

389,988

 

650,809

524,141

Creditors: Amounts falling due within one year

6

(405,703)

(186,599)

Net current assets

 

245,106

337,542

Total assets less current liabilities

 

380,961

529,978

Provisions for liabilities

(20,192)

(25,478)

Net assets

 

360,769

504,500

Capital and reserves

 

Called up share capital

7

8

8

Retained earnings

360,761

504,492

Shareholders' funds

 

360,769

504,500

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 August 2024 and signed on its behalf by:
 

.........................................
P N Woods
Director

 

Refrigeration And Site Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
61 Barnoldby Road
Waltham
Grimsby
N E Lincolnshire
DN37 0DB

These financial statements were authorised for issue by the Board on 20 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

 

Refrigeration And Site Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and Machinery

20% Reducing Balance

Fixtures, fittings & equipment

15% and 33.3% Reducing Balance

Motor vehicles

25% Reducing balance

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 5 (2023 - 6).

 

Refrigeration And Site Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2023

214,878

307,389

522,267

Additions

2,650

-

2,650

At 31 January 2024

217,528

307,389

524,917

Depreciation

At 1 February 2023

124,317

205,514

329,831

Charge for the year

20,412

38,819

59,231

At 31 January 2024

144,729

244,333

389,062

Carrying amount

At 31 January 2024

72,799

63,056

135,855

At 31 January 2023

90,561

101,875

192,436

5

Debtors

Current

2024
£

2023
£

Trade debtors

117,787

126,931

Prepayments

11,651

7,222

 

129,438

134,153

 

Refrigeration And Site Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

15,978

5,687

Amounts owed to Company undertakings and undertakings in which the Company has a participating interest

272,750

79,439

Taxation and social security

 

77,673

75,156

Accruals and deferred income

 

38,722

25,607

Other creditors

 

580

710

 

405,703

186,599

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

8

8

8

8

         

8

Parent and ultimate parent undertaking

Woods (Waltham) Limited is a holding company that owns the shares in Refigeration and Site Services Limited.

 The Company's immediate parent is Woods (Waltham) Limited, incorporated in England, United Kingdom.