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Company Registration No. 04264018 (England and Wales)
EcoCooling Limited Unaudited accounts for the year ended 30 November 2023
EcoCooling Limited Unaudited accounts Contents
Page
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EcoCooling Limited Company Information for the year ended 30 November 2023
Directors
H J Beresford A Beresford T Beresford
Secretary
H J Beresford
Company Number
04264018 (England and Wales)
Registered Office
Symonds Farm Business Park Newmarket Road Risby BURY ST EDMUNDS IP28 6RE United Kingdom
Accountants
IDS Business Services 8 Maltings Garth Thurston BURY ST EDMUNDS Suffolk IP31 3PP
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EcoCooling Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,020 
17,735 
Current assets
Inventories
2,482,839 
2,097,854 
Debtors
723,243 
(131,373)
Investments
- 
800 
Cash at bank and in hand
1,278,090 
4,762,045 
4,484,172 
6,729,326 
Creditors: amounts falling due within one year
(113,924)
(845,464)
Net current assets
4,370,248 
5,883,862 
Net assets
4,412,268 
5,901,597 
Capital and reserves
Called up share capital
70 
70 
Profit and loss account
4,412,198 
5,901,527 
Shareholders' funds
4,412,268 
5,901,597 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
H J Beresford Director Company Registration No. 04264018
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EcoCooling Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
EcoCooling Limited is a private company, limited by shares, registered in England and Wales, registration number 04264018. The registered office is Symonds Farm Business Park, Newmarket Road, Risby, BURY ST EDMUNDS, IP28 6RE, United Kingdom.
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.
Tangible fixed assets and 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:
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
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EcoCooling Limited Notes to the Accounts for the year ended 30 November 2023
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
313,261 
Additions
55,496 
At 30 November 2023
368,757 
Depreciation
At 1 December 2022
295,526 
Charge for the year
31,211 
At 30 November 2023
326,737 
Net book value
At 30 November 2023
42,020 
At 30 November 2022
17,735 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
265 
- 
Trade debtors
151,861 
184,299 
Accrued income and prepayments
(418)
- 
Other debtors
571,535 
(315,672)
723,243 
(131,373)
6
Investments held as current assets
2023 
2022 
£ 
£ 
Unlisted investments
800 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
18,893 
- 
Trade creditors
60,888 
957,871 
Taxes and social security
30,086 
(86,709)
Other creditors
(8,146)
(25,698)
Loans from directors
12,203 
- 
113,924 
845,464 
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EcoCooling Limited Notes to the Accounts for the year ended 30 November 2023
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).
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