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REGISTERED NUMBER: 04239345 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Tech Refrigeration Services Limited

Tech Refrigeration Services Limited (Registered number: 04239345)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Tech Refrigeration Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D Douse
N A Cobb
J Jack





REGISTERED OFFICE: Unit 1, Wrotham Water Farm
Wrotham Water Lane
Wrotham Heath
Sevenoaks
Kent
TN15 7SG





REGISTERED NUMBER: 04239345 (England and Wales)





ACCOUNTANTS: Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

Tech Refrigeration Services Limited (Registered number: 04239345)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 200,736 89,277

CURRENT ASSETS
Stocks 8,546 8,546
Debtors 5 321,883 194,481
Cash at bank and in hand 171,260 114,705
501,689 317,732
CREDITORS
Amounts falling due within one year 6 374,904 172,360
NET CURRENT ASSETS 126,785 145,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,521

234,649

CREDITORS
Amounts falling due after more than one
year

7

(223,249

)

(113,050

)

PROVISIONS FOR LIABILITIES (50,184 ) (25,915 )
NET ASSETS 54,088 95,684

CAPITAL & RESERVES
Called up share capital 100 100
Retained earnings 53,988 95,584
SHAREHOLDERS' FUNDS 54,088 95,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Tech Refrigeration Services Limited (Registered number: 04239345)

Balance Sheet - continued
30 June 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 27 August 2024 and were signed on its behalf by:




D Douse - Director



J Jack - Director


Tech Refrigeration Services Limited (Registered number: 04239345)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Tech Refrigeration Services 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 comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 33% on cost
Fixtures & fittings - 33% on cost
Motor vehicles - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2023 - 8 ) .

Tech Refrigeration Services Limited (Registered number: 04239345)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant & Fixtures Motor
machinery & fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023 58,138 13,473 100,035 171,646
Additions 14,653 - 181,090 195,743
At 30 June 2024 72,791 13,473 281,125 367,389
DEPRECIATION
At 1 July 2023 43,888 13,473 25,008 82,369
Charge for year 14,003 - 70,281 84,284
At 30 June 2024 57,891 13,473 95,289 166,653
NET BOOK VALUE
At 30 June 2024 14,900 - 185,836 200,736
At 30 June 2023 14,250 - 75,027 89,277

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 319,873 192,471
Other debtors 2,010 2,010
321,883 194,481

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans & overdrafts 5,190 5,190
Hire purchase contracts 46,691 19,581
Trade creditors 250,856 70,001
Tax 10,869 25,884
Social security & other taxes 47,935 44,293
Other creditors 8,761 3,823
Directors' current accounts 202 202
Accruals & deferred income 4,400 3,386
374,904 172,360

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,190 5,190
Bank loans - 2-5 years 15,570 15,570
Bank loans more 5 yr by instal 10,389 15,617
Hire purchase contracts 192,100 76,673
223,249 113,050

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,389 15,617

Tech Refrigeration Services Limited (Registered number: 04239345)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RELATED PARTY DISCLOSURES

The company is controlled by the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Tech Refrigeration Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tech Refrigeration Services Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tech Refrigeration Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tech Refrigeration Services Limited and state those matters that we have agreed to state to the Board of Directors of Tech Refrigeration Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tech Refrigeration Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tech Refrigeration Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tech Refrigeration Services Limited. You consider that Tech Refrigeration Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tech Refrigeration Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU


27 August 2024