Registered Number:08906323 |
For the period ended 31 March 2024
England and Wales
Unaudited Financial Statements
Cooling Solutions Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
10,459
12,430
3
10,459
12,430
Trade and other receivables |
66,494
23,665
4
23,665
66,494
Trade and other payables: amounts falling due within one |
year |
(44,239)
(30,064)
5
22,255
(6,399)
Net current liabilities
Total assets less current liabilities |
4,060
34,685
Trade and other payables: amounts falling due after more |
than one year |
(12,127)
(2,567)
6
1,493
Net assets
22,558
1,000
1,000
493
21,558
1,493
22,558
Shareholders' funds
For the period ended 31 March 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 of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 15 January 2024 and were signed by: |
The notes form part of these financial statements |
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For the period ended 31 March 2024
Cooling Solutions Ltd
Notes to the Financial Statements
Statutory Information
Cooling Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08906323. |
44 Lawn Lane
Chelmsford
Essex
CM1 6NR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Office equipment
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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For the period ended 31 March 2024
Cooling Solutions Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
20,000
20,000
20,000
20,000
-
-
3. Property, plant and equipment |
Motor vehicles
78,354
6,020
69,333
3,001
629
629
-
-
3,001
69,333
6,649
78,983
Provision for depreciation and impairment |
65,924
4,433
59,353
2,138
Charge for period
2,600
238
2,233
129
68,524
4,671
61,586
2,267
734
7,747
1,978
10,459
863
9,980
1,587
12,430
4. Trade and other receivables |
2023
2024
250
53,810
Amounts owed by directors |
23,415
12,684
66,494
23,665
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For the period ended 31 March 2024
Cooling Solutions Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
1,189
3,631
11,522
10,184
Taxation and social security |
15,603
26,044
Accruals and deferred income |
1,750
4,380
30,064
44,239
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
2,567
12,127
7. Related party transactions |
The company is controlled by the Director Richard Court whom with his immediate associates has control over |
1000% of the voting rights of the company. |
During the period the Director Richard Court received interim Ordinary Dividends in the sum of £30.800 (2023: |
£30,800). |
8. Directors advances and guarantees |
Loaned
Repaid
Richard Court
Directror Loan Advance
23,415
12,684
23,415
12,684
23,415
12,684
23,415
12,684
9. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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