REGISTERED NUMBER: SC477761 (Scotland)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

ChillFlo Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M P Allan

K J Taggart

A J McMillan

SECRETARY:

REGISTERED OFFICE:

12 Inchmuir Road

Whitehill Industrial Estate

Bathgate

WEST LOTHIAN

EH48 2EP

REGISTERED NUMBER:

SC477761 (Scotland)

ACCOUNTANTS:

Accountants Plus

Chartered Certified Accountants

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

FIXED ASSETS

Tangible assets

4

105,279

133,091

CURRENT ASSETS

Stocks

84,880

42,589

Debtors

5

117,421

174,789

Cash at bank

13,501

10,636

215,802

228,014

CREDITORS

Amounts falling due within one year

6

124,926

117,802

NET CURRENT ASSETS

90,876

110,212

TOTAL ASSETS LESS CURRENT LIABILITIES

196,155

243,303

CREDITORS

Amounts falling due after more than one year

7

-

10,000

NET ASSETS

196,155

233,303

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

196,153

233,301

196,155

233,303

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

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

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 24 September 2025 and were signed on its behalf by:

A J McMillan - Director

1.	STATUTORY INFORMATION

ChillFlo Ltd is a private company, limited by shares , registered in Scotland. 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances

Cash and bank balances are measured at the transaction price.

Taxation

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

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

429,936

Additions

187

At 31 May 2025

430,123

DEPRECIATION

At 1 June 2024

296,845

Charge for year

27,999

At 31 May 2025

324,844

NET BOOK VALUE

At 31 May 2025

105,279

At 31 May 2024

133,091

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

-

73,137

Amounts owed by group undertakings

117,421

101,652

117,421

174,789

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

47,187

40,142

Trade creditors

36,392

32,302

Amounts owed to group undertakings

1,414

1,282

Tax

-

3,042

Social security and other taxes

3,538

3,144

VAT

31,340

31,516

Directors' current accounts

340

340

Accrued expenses

4,715

6,034

124,926

117,802

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans - 1-2 years

-

10,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest free loan to/(from) director, no particular terms of repayment.