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REGISTERED NUMBER: 08473131 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Air Cooled Environments Limited

Air Cooled Environments Limited (Registered number: 08473131)






Contents of the Financial Statements
for the year ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Air Cooled Environments Limited

Company Information
for the year ended 30th April 2024







DIRECTORS: Mr A Neill-Gourlay
Miss K Barton





REGISTERED OFFICE: 81 London Road
Brandon
Suffolk
IP27 0EL





REGISTERED NUMBER: 08473131 (England and Wales)





ACCOUNTANTS: TWR Accountants
The Old Registrars
57a High Street
Brandon
Suffolk
IP27 0AU

Air Cooled Environments Limited (Registered number: 08473131)

Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,084 8,112

CURRENT ASSETS
Debtors 5 127,450 85,112
Cash at bank 6,490 54,993
133,940 140,105
CREDITORS
Amounts falling due within one year 6 105,035 112,456
NET CURRENT ASSETS 28,905 27,649
TOTAL ASSETS LESS CURRENT LIABILITIES 34,989 35,761

PROVISIONS FOR LIABILITIES 1,156 1,541
NET ASSETS 33,833 34,220

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 33,733 34,120
SHAREHOLDERS' FUNDS 33,833 34,220

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 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.

Air Cooled Environments Limited (Registered number: 08473131)

Balance Sheet - continued
30th April 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 31st January 2025 and were signed on its behalf by:





Miss K Barton - Director


Air Cooled Environments Limited (Registered number: 08473131)

Notes to the Financial Statements
for the year ended 30th April 2024

1. STATUTORY INFORMATION

Air Cooled Environments 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Air Cooled Environments Limited (Registered number: 08473131)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1st May 2023
and 30th April 2024 20,940
DEPRECIATION
At 1st May 2023 12,828
Charge for year 2,028
At 30th April 2024 14,856
NET BOOK VALUE
At 30th April 2024 6,084
At 30th April 2023 8,112

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 127,275 84,942
Prepayments 175 170
127,450 85,112

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,978 31,580
Trade creditors 7,596 8,578
Tax 22,037 12,264
Social security and other taxes 10,516 8,081
VAT 5,333 1,951
Directors' current accounts 39,575 50,002
105,035 112,456

7. RESERVES
Retained
earnings
£   

At 1st May 2023 34,120
Profit for the year 39,613
Dividends (40,000 )
At 30th April 2024 33,733

Air Cooled Environments Limited (Registered number: 08473131)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

8. ULTIMATE CONTROLLING PARTY

The company was controlled by the directors collectively throughout the current and previous year.