IAC Cooling Ltd 09431226 Repair of other equipment false 1 March 2023 09431226 2023-03-01 2024-02-28 09431226 2023-02-28 09431226 2024-02-28 09431226 2022-03-01 2023-02-28 09431226 2022-02-28 09431226 2023-02-28 09431226 frs102-bus:FRS102 2023-03-01 2024-02-28 09431226 frs102-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 09431226 frs102-bus:FullAccounts 2023-03-01 2024-02-28 09431226 frs102-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 09431226 frs102-core:CurrentFinancialInstruments 2024-02-28 09431226 frs102-core:CurrentFinancialInstruments 2023-02-28 09431226 frs102-core:Non-currentFinancialInstruments 2024-02-28 09431226 frs102-core:Non-currentFinancialInstruments 2023-02-28 09431226 frs102-core:ShareCapital 2024-02-28 09431226 frs102-core:ShareCapital 2023-02-28 09431226 frs102-core:RetainedEarningsAccumulatedLosses 2024-02-28 09431226 frs102-core:RetainedEarningsAccumulatedLosses 2023-02-28 09431226 frs102-bus:Director1 2023-03-01 2024-02-28 09431226 frs102-core:Vehicles 2023-03-01 2024-02-28 09431226 frs102-core:ToolsEquipment 2023-03-01 2024-02-28 09431226 frs102-core:Vehicles 2023-02-28 09431226 frs102-core:ToolsEquipment 2023-02-28 09431226 frs102-core:Vehicles 2024-02-28 09431226 frs102-core:ToolsEquipment 2024-02-28 09431226 frs102-core:Vehicles 2023-02-28 09431226 frs102-core:ToolsEquipment 2023-02-28 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09431226
IAC Cooling Ltd
Unaudited Accounts
for the period
1 March 2023 to 28 February 2024
IAC Cooling Ltd
Balance Sheet
as at 28 February 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 29,280 3,382
29,280 3,382
Current assets
Stocks 47,500 26,500
Debtors 1,190 0
Cash at bank and in hand 87,967 86,864
136,657 113,364
Creditors: amounts falling due within one year (106,380) (61,541)
Net current assets / (liabilities) 30,277 51,823
Total assets less current liabilities 59,557 55,205
Creditors: amounts falling due after more than one year (0) (3,419)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 59,557 51,786
Capital and reserves
Called up share capital 1 1
Profit and loss account 59,556 51,785
Shareholders' funds 59,557 51,786

IAC Cooling Ltd
Balance Sheet
as at 28 February 2024



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

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 28 February 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr S Al-issa

Director


Approved by the board on 26 November 2024

Company Number: 09431226 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

47 Hill Crescent
Worcester Park
Surrey
KT4 8NB
England

IAC Cooling Ltd
Notes to the Accounts
for the period 1 March 2023 to 28 February 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Vehicles 20% Reducing Balance
Tools & equipment 15% Reducing Balance
2. Employees
2024 2023
Average number of employees during the period 3 4

3. Tangible fixed assets
Vehicles Tools & equipment Total
Cost or valuation £ £ £
At 1 March 2023 17,000 1,804 18,804
Additions 32,500 0 32,500
Disposals (17,000) (0) (17,000)
At 28 February 2024 32,500 1,804 34,304
Depreciation
At 1 March 2023 14,148 1,274 15,422
Charge for the period 3,670 80 3,750
On disposals (14,148) (0) (14,148)
At 28 February 2024 3,670 1,354 5,024
Net book value
At 28 February 2024 28,830 450 29,280
At 28 February 2023 2,852 530 3,382