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REGISTERED NUMBER: 14048338 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COOLWAYS-UK LTD

COOLWAYS-UK LTD (REGISTERED NUMBER: 14048338)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COOLWAYS-UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: S M Yardley
P Elliott
R Van Wingerden
M Mol





REGISTERED OFFICE: 29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA





BUSINESS ADDRESS: Waterways Office
Trent Lock
Long Eaton
Nottingham
Nottinghamshire
NG10 2FY





REGISTERED NUMBER: 14048338 (England and Wales)





ACCOUNTANTS: Lemans
Chartered Certified Accountants
29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA

COOLWAYS-UK LTD (REGISTERED NUMBER: 14048338)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,821 872

CURRENT ASSETS
Stocks 41,100 174,000
Debtors 5 200,759 354,777
Cash at bank 77,846 99,417
319,705 628,194
CREDITORS
Amounts falling due within one year 6 219,902 627,695
NET CURRENT ASSETS 99,803 499
TOTAL ASSETS LESS CURRENT
LIABILITIES

134,624

1,371

PROVISIONS FOR LIABILITIES 8,705 218
NET ASSETS 125,919 1,153

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 125,819 1,053
SHAREHOLDERS' FUNDS 125,919 1,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

COOLWAYS-UK LTD (REGISTERED NUMBER: 14048338)

BALANCE SHEET - continued
31 MARCH 2025


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 20 August 2025 and were signed on its behalf by:




S M Yardley - Director



R Van Wingerden - Director


COOLWAYS-UK LTD (REGISTERED NUMBER: 14048338)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Coolways-UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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.

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.

COOLWAYS-UK LTD (REGISTERED NUMBER: 14048338)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - NIL ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 - - 1,308 1,308
Additions 31,702 4,095 3,723 39,520
At 31 March 2025 31,702 4,095 5,031 40,828
DEPRECIATION
At 1 April 2024 - - 436 436
Charge for year 3,186 842 1,543 5,571
At 31 March 2025 3,186 842 1,979 6,007
NET BOOK VALUE
At 31 March 2025 28,516 3,253 3,052 34,821
At 31 March 2024 - - 872 872

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 195,811 354,777
Other debtors 1,625 -
Prepayments 3,323 -
200,759 354,777

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 86,468 538,209
Corporation tax 33,823 748
Social security and other taxes 79,364 19,070
Other creditors 1,443 -
Directors' current accounts 4,347 2,954
Accrued expenses 14,457 66,714
219,902 627,695

COOLWAYS-UK LTD (REGISTERED NUMBER: 14048338)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 114,024 -
Between one and five years 309,096 -
423,120 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
75 A Ordinary £1 75 75
25 B Ordinary £1 25 25
100 100

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Cool Investments Holding BV which owns 75% of the share capital in Coolways-UK Ltd.
Cool Investments Holding BV is incorporation in the Netherlands, having its registered office at Angstelpark 301, 3631NA The Netherlands.