REGISTERED NUMBER: 05948838 (England and Wales)

Total Cool Refrigeration & Air

Conditioning Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

M A Raphael

L Raphael

SECRETARY:

M A Raphael

REGISTERED OFFICE:

8a Wingbury Courtyard

Business Village

Leighton Road

Wingrave

Buckinghamshire

HP22 4LW

REGISTERED NUMBER:

05948838 (England and Wales)

ACCOUNTANTS:

Clarkson Cleaver & Bowes Limited

8a Wingbury Courtyard

Business Village

Wingrave

Buckinghamshire

HP22 4LW

FIXED ASSETS

Tangible assets

4

48,350

64,465

CURRENT ASSETS

Debtors

5

41,847

56,360

Cash at bank

70,372

73,957

112,219

130,317

CREDITORS

Amounts falling due within one year

6

(78,259

)

(84,604

)

NET CURRENT ASSETS

33,960

45,713

TOTAL ASSETS LESS CURRENT LIABILITIES

82,310

110,178

CREDITORS

Amounts falling due after more than one year

7

(27,017

)

(42,333

)

PROVISIONS FOR LIABILITIES

9

(12,088

)

(16,116

)

NET ASSETS

43,205

51,729

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

43,203

51,727

SHAREHOLDERS' FUNDS

43,205

51,729

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

M A Raphael - Director

L Raphael - Director

1.	STATUTORY INFORMATION

Total Cool Refrigeration & Air Conditioning 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 represents net invoiced sales of goods and services, excluding value added tax.

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

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

33.33% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

Pension costs and other post-retirement benefits

The pension costs charged in the financial statements represent the contributions payable by the company for the year.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.

Assets acquired under hire purchase are capitalised and any finance obtained is shown under creditors due inside / outside one year. Interest is charged to the profit and loss account on a straight line basis across the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

4,771

112,991

5,887

123,649

DEPRECIATION

At 1 January 2024

4,515

48,782

5,887

59,184

Charge for year

63

16,052

-

16,115

At 31 December 2024

4,578

64,834

5,887

75,299

NET BOOK VALUE

At 31 December 2024

193

48,157

-

48,350

At 31 December 2023

256

64,209

-

64,465

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

23,569

48,758

Other debtors

18,278

7,602

41,847

56,360

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Hire purchase contracts (see note 8)

15,316

15,316

Trade creditors

40,562

43,989

Taxation and social security

21,974

25,078

Other creditors

407

221

78,259

84,604

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Hire purchase contracts (see note 8)

27,017

42,333

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/12/24

31/12/23

£

£

Net obligations repayable:

Within one year

15,316

15,316

Between one and five years

27,017

42,333

42,333

57,649

9.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

12,088

16,116

Deferred

tax

£

Balance at 1 January 2024

16,116

Provided during year

(4,028

)

Balance at 31 December 2024

12,088