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Company Registration No. 06121935 (England and Wales)
Kryos Cooling Limited Accounts for the year ended 29 February 2024
Kryos Cooling Limited Accounts Contents
Page
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Kryos Cooling Limited Company Information for the year ended 29 February 2024
Director
Arfan Naseer
Company Number
06121935 (England and Wales)
Registered Office
Office G26, CT3 Building Wigan Investment Centre, Waterside Drive Wigan WN3 5BA
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
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Kryos Cooling Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,370 
4,291 
Current assets
Cash at bank and in hand
26,845 
39,783 
Creditors: amounts falling due within one year
(23,482)
(44,115)
Net current assets/(liabilities)
3,363 
(4,332)
Net assets/(liabilities)
6,733 
(41)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
6,732 
(42)
Shareholders' funds
6,733 
(41)
For the year ending 29 February 2024 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 director acknowledges his 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 and authorised for issue on 1 November 2024 and were signed on its behalf by
Arfan Naseer Director Company Registration No. 06121935
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Kryos Cooling Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Kryos Cooling Limited is a private company, limited by shares, registered in England and Wales, registration number 06121935. The registered office is Office G26, CT3 Building, Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA.
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.
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.
Tangible Fixed Assets & 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:
Plant & machinery
20% Reducing Balance Basis
Motor vehicles
20% Reducing Balance Basis
Going Concern
The accounts have been prepared on a "Going Concern" basis, which assumes that the company will continue to trade normally for the foreseeable future.
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Kryos Cooling Limited Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
1,150 
24,107 
25,257 
At 29 February 2024
1,150 
24,107 
25,257 
Depreciation
At 1 March 2023
1,071 
19,895 
20,966 
Charge for the year
79 
842 
921 
At 29 February 2024
1,150 
20,737 
21,887 
Net book value
At 29 February 2024
- 
3,370 
3,370 
At 28 February 2023
79 
4,212 
4,291 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,706 
4,616 
Trade creditors
17,895 
22,478 
Taxes and social security
788 
574 
Other creditors
2,093 
1,547 
Loans from directors
- 
14,900 
23,482 
44,115 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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