ECO COOLING SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W P Rae

Mrs R J Rae

REGISTERED OFFICE:

5 New Holland Drive

Wilsden

Bradford

West Yorkshire

BD15 0FH

REGISTERED NUMBER:

14496696 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Tangible assets

5

18,267

59,561

CURRENT ASSETS

Debtors

6

71,676

27,129

Cash at bank

44,926

38,828

116,602

65,957

CREDITORS

Amounts falling due within one year

7

57,457

44,222

NET CURRENT ASSETS

59,145

21,735

TOTAL ASSETS LESS CURRENT LIABILITIES

77,412

81,296

CREDITORS

Amounts falling due after more than one year

8

(11,160

)

(25,663

)

PROVISIONS FOR LIABILITIES

9

(4,415

)

(13,139

)

NET ASSETS

61,837

42,494

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

61,737

42,394

SHAREHOLDERS' FUNDS

61,837

42,494

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

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

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 26 September 2025 and were signed on its behalf by:

W P Rae - Director

1.	STATUTORY INFORMATION

ECO Cooling 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

154

64,932

1,730

66,816

Additions

412

-

781

1,193

Disposals

-

(37,732

)

-

(37,732

)

At 31 December 2024

566

27,200

2,511

30,277

DEPRECIATION

At 1 January 2024

39

6,639

577

7,255

Charge for year

132

9,859

837

10,828

Eliminated on disposal

-

(6,073

)

-

(6,073

)

At 31 December 2024

171

10,425

1,414

12,010

NET BOOK VALUE

At 31 December 2024

395

16,775

1,097

18,267

At 31 December 2023

115

58,293

1,153

59,561

The net book value of tangible fixed assets includes £ 16,775 (2023 - £ 49,856 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

30,495

27,129

Directors' current accounts

23,960

-

VAT

16,528

-

Prepayments

693

-

71,676

27,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

3,720

7,417

Trade creditors

7,338

529

Tax

44,159

28,748

Social security and other taxes

155

65

VAT

-

57

Directors' current accounts

-

5,406

Accrued expenses

2,085

2,000

57,457

44,222

Loans from the director are interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

11,160

25,663

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

4,415

13,139

Deferred

tax

£

Balance at 1 January 2024

13,139

Accelerated capital allowances

(8,724

)

Balance at 31 December 2024

4,415

The entire provision for deferred tax relates to accelerated capital allowances.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

31.12.24

31.12.23

£

£

W P Rae and Mrs R J Rae

Balance outstanding at start of year

(5,303

)

-

Amounts advanced

82,679

65,209

Amounts repaid

(53,415

)

(70,512

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

23,961

(5,303

)

The loan due from the directors' to the company is interest free and repayable on demand.

The overdrawn loan account was repaid through a dividend payment on 30 April 2025.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is W P Rae.