IRIS Accounts Production v24.3.0.553 03284618 director 1.5.23 30.4.24 30.4.24 true false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032846182023-04-30032846182024-04-30032846182023-05-012024-04-30032846182022-04-30032846182022-05-012023-04-30032846182023-04-3003284618ns15:EnglandWales2023-05-012024-04-3003284618ns14:PoundSterling2023-05-012024-04-3003284618ns10:Director12023-05-012024-04-3003284618ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003284618ns10:SmallEntities2023-05-012024-04-3003284618ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003284618ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003284618ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003284618ns10:FullAccounts2023-05-012024-04-3003284618ns10:OrdinaryShareClass12023-05-012024-04-3003284618ns10:OrdinaryShareClass22023-05-012024-04-3003284618ns10:OrdinaryShareClass32023-05-012024-04-3003284618ns10:CompanySecretary12023-05-012024-04-3003284618ns10:RegisteredOffice2023-05-012024-04-3003284618ns5:CurrentFinancialInstruments2024-04-3003284618ns5:CurrentFinancialInstruments2023-04-3003284618ns5:ShareCapital2024-04-3003284618ns5:ShareCapital2023-04-3003284618ns5:CapitalRedemptionReserve2024-04-3003284618ns5:CapitalRedemptionReserve2023-04-3003284618ns5:RetainedEarningsAccumulatedLosses2024-04-3003284618ns5:RetainedEarningsAccumulatedLosses2023-04-3003284618ns5:PlantMachinery2023-05-012024-04-3003284618ns5:MotorVehicles2023-05-012024-04-3003284618ns5:PlantMachinery2023-04-3003284618ns5:FurnitureFittings2023-04-3003284618ns5:MotorVehicles2023-04-3003284618ns5:FurnitureFittings2023-05-012024-04-3003284618ns5:PlantMachinery2024-04-3003284618ns5:FurnitureFittings2024-04-3003284618ns5:MotorVehicles2024-04-3003284618ns5:PlantMachinery2023-04-3003284618ns5:FurnitureFittings2023-04-3003284618ns5:MotorVehicles2023-04-3003284618ns5:CostValuation2023-04-3003284618ns5:Subsidiary12023-05-012024-04-30032846181ns5:Subsidiary12023-05-012024-04-3003284618ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003284618ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003284618ns10:OrdinaryShareClass12024-04-3003284618ns10:OrdinaryShareClass22024-04-3003284618ns10:OrdinaryShareClass32024-04-30
REGISTERED NUMBER: 03284618 (England and Wales)




































COOLING AND HEATING SOLUTIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024






COOLING AND HEATING SOLUTIONS LIMITED (REGISTERED NUMBER: 03284618)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COOLING AND HEATING SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: G M Jordan



SECRETARY: Mrs A J Jordan



REGISTERED OFFICE: Marlwood House
Silver Street
Sway
Lymington
Hampshire
SO41 6DG



REGISTERED NUMBER: 03284618 (England and Wales)



ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR



BANKERS: Lloyds TSB
64 Fore Street
Trowbridge
BA14 8EU

COOLING AND HEATING SOLUTIONS LIMITED (REGISTERED NUMBER: 03284618)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 400,066 227,563
Investments 5 1 1
400,067 227,564

CURRENT ASSETS
Stocks 207,545 231,969
Debtors 6 728,723 680,431
Cash at bank and in hand 647,892 862,491
1,584,160 1,774,891
CREDITORS
Amounts falling due within one year 7 138,034 186,469
NET CURRENT ASSETS 1,446,126 1,588,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,846,193

1,815,986

PROVISIONS FOR LIABILITIES 76,013 43,237
NET ASSETS 1,770,180 1,772,749

CAPITAL AND RESERVES
Called up share capital 9 3 3
Capital redemption reserve 1 1
Retained earnings 1,770,176 1,772,745
SHAREHOLDERS' FUNDS 1,770,180 1,772,749

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th January 2025 and were signed by:



G M Jordan - Director


COOLING AND HEATING SOLUTIONS LIMITED (REGISTERED NUMBER: 03284618)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Cooling and Heating Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on reducing balance, 33% on reducing balance, 20% on reducing balance and 15% on reducing balance
Motor vehicles - 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 Statement of Income and Retained Earnings, 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.

COOLING AND HEATING SOLUTIONS LIMITED (REGISTERED NUMBER: 03284618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 the profit and loss account in the period to which they relate.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 (Section 1a) to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention
to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st May 2023 2,166,099 31,211 188,110 2,385,420
Additions 159,580 - 81,100 240,680
Disposals (11,331 ) - - (11,331 )
At 30th April 2024 2,314,348 31,211 269,210 2,614,769
DEPRECIATION
At 1st May 2023 1,970,861 31,211 155,785 2,157,857
Charge for year 57,402 - 10,775 68,177
Eliminated on disposal (11,331 ) - - (11,331 )
At 30th April 2024 2,016,932 31,211 166,560 2,214,703
NET BOOK VALUE
At 30th April 2024 297,416 - 102,650 400,066
At 30th April 2023 195,238 - 32,325 227,563

COOLING AND HEATING SOLUTIONS LIMITED (REGISTERED NUMBER: 03284618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st May 2023
and 30th April 2024 1
NET BOOK VALUE
At 30th April 2024 1
At 30th April 2023 1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Candy House Solutions Limited
Registered office:
Nature of business:
%
Class of shares: holding
Ordinary 100.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 154,392 127,177
Other debtors 574,331 553,254
728,723 680,431

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 46,445 73,980
Taxation and social security 9,340 34,325
Other creditors 82,249 78,164
138,034 186,469

8. SECURED DEBTS

Barclays Bank plc hold a fixed and floating charge over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary £1 1 1
1 Ordinary A £1 1 1
1 Ordinary C £1 1 1
3 3