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REGISTERED NUMBER: 07757786 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Cool Down Solutions Limited

Cool Down Solutions Limited (Registered number: 07757786)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cool Down Solutions Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C D S Jackson
Mrs J Jackson





SECRETARY: Mrs J Jackson





REGISTERED OFFICE: Yeomans
Bassetts Lane
Woodham Walter
Maldon
Essex
CM9 6RY





REGISTERED NUMBER: 07757786 (England and Wales)





ACCOUNTANTS: Barber Accountancy Ltd
Yeomans
Bassett's Lane
Woodham Walter
Maldon
Essex
CM9 6RY

Cool Down Solutions Limited (Registered number: 07757786)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 353,164 334,237
353,164 334,237

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 121,268 98,165
Cash at bank 280,263 183,377
403,531 283,542
CREDITORS
Amounts falling due within one year 7 (197,580 ) (153,205 )
NET CURRENT ASSETS 205,951 130,337
TOTAL ASSETS LESS CURRENT
LIABILITIES

559,115

464,574

CREDITORS
Amounts falling due after more than one
year

8

(204,864

)

(215,111

)
NET ASSETS 354,251 249,463

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 354,151 249,363
SHAREHOLDERS' FUNDS 354,251 249,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Cool Down Solutions Limited (Registered number: 07757786)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:





C D S Jackson - Director


Cool Down Solutions Limited (Registered number: 07757786)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Cool Down Solutions 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five 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 etc - 25% 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 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.

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.

Cool Down Solutions Limited (Registered number: 07757786)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,000
AMORTISATION
At 1 April 2023
and 31 March 2024 10,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 285,000 238,247 523,247
Additions - 44,149 44,149
Disposals - (33,900 ) (33,900 )
At 31 March 2024 285,000 248,496 533,496
DEPRECIATION
At 1 April 2023 - 189,010 189,010
Charge for year - 25,222 25,222
Eliminated on disposal - (33,900 ) (33,900 )
At 31 March 2024 - 180,332 180,332
NET BOOK VALUE
At 31 March 2024 285,000 68,164 353,164
At 31 March 2023 285,000 49,237 334,237

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 111,150 88,348
Other debtors 10,118 9,817
121,268 98,165

Cool Down Solutions Limited (Registered number: 07757786)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 10,247 10,247
Trade creditors 93,174 67,146
Taxation and social security 53,923 45,301
Other creditors 40,236 30,511
197,580 153,205

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts - 10,247
Other creditors 204,864 204,864
204,864 215,111

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 204,864 204,864