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REGISTERED NUMBER: 11783200 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

37 DEGREES CLIMATE CONTROL LIMITED

37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


37 DEGREES CLIMATE CONTROL LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: Mr A Craven





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
M44 5XD





BUSINESS ADDRESS: 80 Chesnut Drive
Sale
Manchester
M33 4HL





REGISTERED NUMBER: 11783200 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)

REPORT OF THE DIRECTOR
for the Year Ended 31 January 2024

The director presents his report with the financial statements of the company for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the supply and fitting of air conditioning systems.

DIRECTOR
Mr A Craven held office during the whole of the period from 1 February 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A Craven - Director


23 October 2024

37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 34,786 30,513

CURRENT ASSETS
Stocks 45,179 890
Debtors 5 119,447 128,582
Cash at bank 10,567 21,268
175,193 150,740
CREDITORS
Amounts falling due within one year 6 (119,670 ) (98,701 )
NET CURRENT ASSETS 55,523 52,039
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,309

82,552

CREDITORS
Amounts falling due after more than one
year

7

(34,857

)

(38,894

)

PROVISIONS FOR LIABILITIES (6,609 ) (5,797 )
NET ASSETS 48,843 37,861

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 48,833 37,851
48,843 37,861

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)

BALANCE SHEET - continued
31 January 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 director and authorised for issue on 23 October 2024 and were signed by:





Mr A Craven - Director


37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

37 Degrees Climate Control 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

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 year was 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 5,041 47,145 452 52,638
Additions - 13,600 - 13,600
At 31 January 2024 5,041 60,745 452 66,238
DEPRECIATION
At 1 February 2023 2,631 19,127 367 22,125
Charge for year 602 8,704 21 9,327
At 31 January 2024 3,233 27,831 388 31,452
NET BOOK VALUE
At 31 January 2024 1,808 32,914 64 34,786
At 31 January 2023 2,410 28,018 85 30,513

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 February 2023 47,145
Additions 13,600
At 31 January 2024 60,745
DEPRECIATION
At 1 February 2023 19,127
Charge for year 8,704
At 31 January 2024 27,831
NET BOOK VALUE
At 31 January 2024 32,914
At 31 January 2023 28,018

37 DEGREES CLIMATE CONTROL LIMITED (REGISTERED NUMBER: 11783200)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 32,317 73,634
Other debtors 87,130 54,948
119,447 128,582

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 2,691 6,866
Hire purchase contracts 15,946 10,545
Trade creditors 51,200 44,695
Taxation and social security 46,767 24,412
Other creditors 3,066 12,183
119,670 98,701

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 15,166 17,860
Hire purchase contracts 19,691 21,034
34,857 38,894

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,891 7,140

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Mr A Craven
Balance outstanding at start of year - 130
Amounts advanced 9,440 -
Amounts repaid - (130 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,440 -

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Craven.