Registration number: 02866087

Condition Environment Services Limited

Contents
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Company Information	1
Directors' Report	2
Accountants' Report	3
Profit and Loss Account	4
Statement of Comprehensive Income	5
Balance Sheet	6
Statement of Changes in Equity	7
Notes to the Unaudited Financial Statements	8 to 12

Condition Environment Services Limited

Company Information
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Directors

L Pearce A Coulson

Registered office

245 Acton Lane Park Royal London NW10 7NR

Accountants

Brooks Green Chartered AccountantsAbbey House 342 Regents Park Road London N3 2LJ

Condition Environment Services Limited

Directors' Report for the Year Ended 31 March 2025
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The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

L Pearce

A Coulson

Principal activity

The principal activity of the company is air conditioning maintenance and support

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 16 September 2025 and signed on its behalf by:

L Pearce
Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Statutory Accounts of
Condition Environment Services Limited
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Condition Environment Services Limited for the year ended 31 March 2025 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Condition Environment Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Condition Environment Services Limited and state those matters that we have agreed to state to the Board of Directors of Condition Environment Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Condition Environment Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Condition Environment Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Condition Environment Services Limited. You consider that Condition Environment Services Limited 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 accounts of Condition Environment Services Limited. 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 accounts.

Brooks Green Chartered Accountants
Abbey House
342 Regents Park Road
London
N3 2LJ

16 September 2025

Condition Environment Services Limited

Profit and Loss Account for the Year Ended 31 March 2025
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	Note	2025 £	2024 £
Turnover		12,900,877	9,415,742
Cost of sales		(10,820,260)	(8,684,513)
Gross profit		2,080,617	731,229
Administrative expenses		(1,734,064)	(1,323,800)
Operating profit/(loss)		346,553	(592,571)
Other interest receivable and similar income		7,984	1,535
Interest payable and similar charges		(66,416)	(17,442)
Profit/(loss) before tax	3	288,121	(608,478)
Taxation		(25,407)	106,426
Profit/(loss) for the financial year		262,714	(502,052)
Retained earnings brought forward		280,104	782,156
Retained earnings carried forward		542,818	280,104

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Condition Environment Services Limited

Statement of Comprehensive Income for the Year Ended 31 March 2025
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	2025 £	2024 £
Profit/(loss) for the year	262,714	(502,052)
Total comprehensive income for the year	262,714	(502,052)

Condition Environment Services Limited

(Registration number: 02866087)
Balance Sheet as at 31 March 2025
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	Note	2025 £		2024 £
Fixed assets
Tangible assets	4		151,494		188,411
Current assets
Debtors	6	3,680,140		3,227,038
Cash at bank and in hand		536,273		567,273
		4,216,413		3,794,311
Creditors: Amounts falling due within one year	7	(3,334,870)		(3,549,671)
Net current assets			881,543		244,640
Total assets less current liabilities			1,033,037		433,051
Creditors: Amounts falling due after more than one year	7		(489,917)		(152,645)
Net assets			543,120		280,406
Capital and reserves
Called up share capital	8	302		302
Retained earnings		542,818		280,104
Shareholders' funds			543,120		280,406

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 16 September 2025 and signed on its behalf by:

L Pearce Director

Condition Environment Services Limited

Statement of Changes in Equity for the Year Ended 31 March 2025
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	Share capital £	Retained earnings £	Total £
At 1 April 2024	302	280,104	280,406
Profit for the year	-	262,714	262,714
At 31 March 2025	302	542,818	543,120

Condition Environment Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Condition Environment Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicles	20% on Cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Condition Environment Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 36 (2024 - 41).

3	Profit/loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	42,114	30,704

Condition Environment Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	5,497	200,837	206,334
Additions	17,978	-	17,978
At 31 March 2025	23,475	200,837	224,312
Depreciation
At 1 April 2024	234	30,470	30,704
Charge for the year	1,946	40,168	42,114
At 31 March 2025	2,180	70,638	72,818
Carrying amount
At 31 March 2025	21,295	130,199	151,494
At 31 March 2024	5,263	183,148	188,411

5

Stocks

2025 £

2024 £

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		2,896,232	2,080,058
Amounts owed by related parties		87,701	12,255
Prepayments		227,935	128,910
Other debtors		468,272	1,005,815
		3,680,140	3,227,038

Condition Environment Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		140,515	35,838
Trade creditors		1,970,530	1,965,704
Amounts owed to related parties		-	20,000
Taxation and social security		167,601	109,742
Accruals and deferred income		514,138	561,029
Other creditors		542,086	857,358
		3,334,870	3,549,671

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		489,917	152,645

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	224	224	224	224