Company Registration No. 08080179 (England and Wales)
2HOT2COLD LTD
Unaudited accounts
for the year ended 31 May 2024
2HOT2COLD LTD
Unaudited accounts
Contents
2HOT2COLD LTD
Company Information
for the year ended 31 May 2024
Directors
Oleg Kolodii
Diana Kolodii
Company Number
08080179 (England and Wales)
Registered Office
7 Hamilton Avenue
Cobham
Surrey
KT11 1AU
United Kingdom
2HOT2COLD LTD
Statement of financial position
as at 31 May 2024
Tangible assets
151,804
126,600
Cash at bank and in hand
17,321
13,689
Creditors: amounts falling due within one year
(225,423)
(222,222)
Net current liabilities
(81,469)
(45,828)
Called up share capital
100
100
Profit and loss account
70,235
80,672
Shareholders' funds
70,335
80,772
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
Oleg Kolodii
Director
Company Registration No. 08080179
2HOT2COLD LTD
Notes to the Accounts
for the year ended 31 May 2024
2HOT2COLD LTD is a private company, limited by shares, registered in England and Wales, registration number 08080179. The registered office is 7 Hamilton Avenue, Cobham, Surrey, KT11 1AU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and 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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
146,636
2,196
148,832
Additions
54,102
4,415
58,517
Disposals
-
(2,196)
(2,196)
At 31 May 2024
200,738
4,415
205,153
At 1 June 2023
20,036
2,196
22,232
Charge for the year
33,037
276
33,313
On disposals
-
(2,196)
(2,196)
At 31 May 2024
53,073
276
53,349
At 31 May 2024
147,665
4,139
151,804
At 31 May 2023
126,600
-
126,600
2HOT2COLD LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
112,956
147,028
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
31,458
36,566
Trade creditors
72,302
46,252
Taxes and social security
8,130
12,809
Loans from directors
87,615
79,128
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Average number of employees
During the year the average number of employees was 3 (2023: 3).