IRIS Accounts Production v25.1.4.42 03061621 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030616212023-10-31030616212024-10-31030616212023-11-012024-10-31030616212022-10-31030616212022-11-012023-10-31030616212023-10-3103061621ns15:EnglandWales2023-11-012024-10-3103061621ns14:PoundSterling2023-11-012024-10-3103061621ns10:Director12023-11-012024-10-3103061621ns10:Director22023-11-012024-10-3103061621ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3103061621ns10:SmallEntities2023-11-012024-10-3103061621ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3103061621ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3103061621ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3103061621ns10:FullAccounts2023-11-012024-10-3103061621ns10:CompanySecretary12023-11-012024-10-3103061621ns10:RegisteredOffice2023-11-012024-10-3103061621ns5:CurrentFinancialInstruments2024-10-3103061621ns5:CurrentFinancialInstruments2023-10-3103061621ns5:Non-currentFinancialInstruments2024-10-3103061621ns5:Non-currentFinancialInstruments2023-10-3103061621ns5:ShareCapital2024-10-3103061621ns5:ShareCapital2023-10-3103061621ns5:RetainedEarningsAccumulatedLosses2024-10-3103061621ns5:RetainedEarningsAccumulatedLosses2023-10-3103061621ns5:PlantMachinery2023-11-012024-10-3103061621ns5:FurnitureFittings2023-11-012024-10-3103061621ns5:PlantMachinery2023-10-3103061621ns5:FurnitureFittings2023-10-3103061621ns5:PlantMachinery2024-10-3103061621ns5:FurnitureFittings2024-10-3103061621ns5:PlantMachinery2023-10-3103061621ns5:FurnitureFittings2023-10-3103061621ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-3103061621ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-10-3103061621ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-11-012024-10-3103061621ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-3103061621ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3103061621ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 03061621 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Maximum Climate Control Ltd

Maximum Climate Control Ltd (Registered number: 03061621)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maximum Climate Control Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: D J Tilbury
Mrs E L Tilbury





SECRETARY: Mrs E L Tilbury





REGISTERED OFFICE: Unit 1 Falcon Court
Parklands Business Park
Forest Road
Denmead
Hampshire
PO7 6BZ





REGISTERED NUMBER: 03061621 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

Maximum Climate Control Ltd (Registered number: 03061621)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97,735 124,851

CURRENT ASSETS
Stocks 5 24,000 24,750
Debtors 6 315,490 591,682
Investments 7 1,072 1,072
Cash at bank 99,573 103,208
440,135 720,712
CREDITORS
Amounts falling due within one year 8 437,896 758,313
NET CURRENT ASSETS/(LIABILITIES) 2,239 (37,601 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,974

87,250

CREDITORS
Amounts falling due after more than one
year

9

(21,149

)

(31,927

)

PROVISIONS FOR LIABILITIES (24,434 ) (31,213 )
NET ASSETS 54,391 24,110

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 54,389 24,108
SHAREHOLDERS' FUNDS 54,391 24,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Maximum Climate Control Ltd (Registered number: 03061621)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:




D J Tilbury - Director



Mrs E L Tilbury - Director


Maximum Climate Control Ltd (Registered number: 03061621)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Maximum Climate Control Ltd 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 - 25% on reducing balance

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.

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.

Maximum Climate Control Ltd (Registered number: 03061621)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

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 18 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 November 2023 226,010 40,900 266,910
Additions - 5,456 5,456
At 31 October 2024 226,010 46,356 272,366
DEPRECIATION
At 1 November 2023 106,324 35,735 142,059
Charge for year 29,916 2,656 32,572
At 31 October 2024 136,240 38,391 174,631
NET BOOK VALUE
At 31 October 2024 89,770 7,965 97,735
At 31 October 2023 119,686 5,165 124,851

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 November 2023 226,010
Transfer to ownership (127,270 )
At 31 October 2024 98,740
DEPRECIATION
At 1 November 2023 106,324
Charge for year 17,496
Transfer to ownership (77,552 )
At 31 October 2024 46,268
NET BOOK VALUE
At 31 October 2024 52,472
At 31 October 2023 119,686

Maximum Climate Control Ltd (Registered number: 03061621)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. STOCKS
2024 2023
£    £   
Stocks 24,000 24,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 277,042 531,212
Other debtors 342 -
VAT 7,937 12,373
Prepayments 30,169 48,097
315,490 591,682

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 1,072 1,072

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,778 45,922
Trade creditors 254,136 311,001
Amounts owed to group undertakings - 40,000
Tax 52,423 51,722
Social security and other taxes 34,648 29,154
Pension creditor 3,272 6,381
Other creditors 6,299 -
Directors' current accounts 20,000 14,624
Deferred income 46,269 250,000
Accrued expenses 10,071 9,509
437,896 758,313

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 21,149 31,927