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REGISTERED NUMBER: 04213194 (England and Wales)
















Financial Statements

for the Year Ended 30 June 2024

for

Chiller Technical Solutions Limited

Chiller Technical Solutions Limited (Registered number: 04213194)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Chiller Technical Solutions Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M K Shail





SECRETARY: Mrs M Garland





REGISTERED OFFICE: 24 Westcourt Drive
Oldland Common
Bristol
BS30 9RU





REGISTERED NUMBER: 04213194 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Chiller Technical Solutions Limited

Report of the Accountants to the Director of
Chiller Technical Solutions Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Xeinadin South Wales & West Limited


27 February 2025

Chiller Technical Solutions Limited (Registered number: 04213194)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 100,300 129,839

CURRENT ASSETS
Stocks 3,816 13,629
Debtors 5 189,996 257,425
Cash at bank and in hand 121,745 98,167
315,557 369,221
CREDITORS
Amounts falling due within one year 6 251,090 302,503
NET CURRENT ASSETS 64,467 66,718
TOTAL ASSETS LESS CURRENT LIABILITIES 164,767 196,557

CREDITORS
Amounts falling due after more than one year 7 (9,646 ) (22,690 )

PROVISIONS FOR LIABILITIES (11,254 ) (16,368 )
NET ASSETS 143,867 157,499

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 1,030 1,030
Retained earnings 142,337 155,969
143,867 157,499

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

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

Chiller Technical Solutions Limited (Registered number: 04213194)

Balance Sheet - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 February 2025 and were signed by:





M K Shail - Director


Chiller Technical Solutions Limited (Registered number: 04213194)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Chiller Technical 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Chiller Technical Solutions Limited (Registered number: 04213194)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 253,354
Additions 2,470
Disposals (21,409 )
At 30 June 2024 234,415
DEPRECIATION
At 1 July 2023 123,515
Charge for year 24,998
Eliminated on disposal (14,398 )
At 30 June 2024 134,115
NET BOOK VALUE
At 30 June 2024 100,300
At 30 June 2023 129,839

Chiller Technical Solutions Limited (Registered number: 04213194)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 30,000
DEPRECIATION
At 1 July 2023 10,800
Charge for year 3,840
At 30 June 2024 14,640
NET BOOK VALUE
At 30 June 2024 15,360
At 30 June 2023 19,200

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 175,724 237,488
Other debtors 14,272 19,937
189,996 257,425

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,268 10,015
Hire purchase contracts 2,778 6,667
Trade creditors 92,253 92,716
Taxation and social security 44,174 61,284
Other creditors 101,617 131,821
251,090 302,503

Chiller Technical Solutions Limited (Registered number: 04213194)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,646 19,912
Hire purchase contracts - 2,778
9,646 22,690

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
M K Shail
Balance outstanding at start of year 11,863 14,936
Amounts advanced 10,403 11,927
Amounts repaid (12,000 ) (15,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,266 11,863

The outstanding director's loan account balance will be repaid to the company within nine months after the year end.