Company Registration No. 14419257 (England and Wales)
Residential Climate Solutions Ltd
Unaudited accounts
for the year ended 31 October 2024
Residential Climate Solutions Ltd
Unaudited accounts
Contents
Residential Climate Solutions Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
13,660
2,250
Cash at bank and in hand
10,031
14,657
Creditors: amounts falling due within one year
(19,256)
(9,411)
Net current assets
1,974
11,795
Total assets less current liabilities
15,634
14,045
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
15,534
13,439
Shareholders' funds
15,634
13,539
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 6 March 2025 and were signed on its behalf by
Mr B J Compton
Director
Company Registration No. 14419257
Residential Climate Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
Residential Climate Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14419257.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
2,142
-
670
2,812
Additions
241
14,000
-
14,241
At 31 October 2024
2,383
14,000
670
17,053
At 1 November 2023
428
-
134
562
Charge for the year
391
2,333
107
2,831
At 31 October 2024
819
2,333
241
3,393
At 31 October 2024
1,564
11,667
429
13,660
At 31 October 2023
1,714
-
536
2,250
Residential Climate Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Accrued income and prepayments
785
604
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,258
6,635
Loans from directors
9,029
-
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).