IRIS Accounts Production v25.1.4.42 07086336 director 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07086336 2024-02-29 07086336 2025-02-28 07086336 2024-03-01 2025-02-28 07086336 2023-02-28 07086336 2023-03-01 2024-02-29 07086336 2024-02-29 07086336 ns15:EnglandWales 2024-03-01 2025-02-28 07086336 ns14:PoundSterling 2024-03-01 2025-02-28 07086336 ns10:Director1 2024-03-01 2025-02-28 07086336 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07086336 ns10:SmallEntities 2024-03-01 2025-02-28 07086336 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07086336 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 07086336 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07086336 ns10:FullAccounts 2024-03-01 2025-02-28 07086336 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 07086336 ns10:RegisteredOffice 2024-03-01 2025-02-28 07086336 ns5:CurrentFinancialInstruments 2025-02-28 07086336 ns5:CurrentFinancialInstruments 2024-02-29 07086336 ns5:Non-currentFinancialInstruments 2025-02-28 07086336 ns5:Non-currentFinancialInstruments 2024-02-29 07086336 ns5:ShareCapital 2025-02-28 07086336 ns5:ShareCapital 2024-02-29 07086336 ns5:CapitalRedemptionReserve 2025-02-28 07086336 ns5:CapitalRedemptionReserve 2024-02-29 07086336 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 07086336 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 07086336 ns5:PlantMachinery 2024-03-01 2025-02-28 07086336 ns5:FurnitureFittings 2024-03-01 2025-02-28 07086336 ns5:MotorVehicles 2024-03-01 2025-02-28 07086336 ns5:ComputerEquipment 2024-03-01 2025-02-28 07086336 ns5:PlantMachinery 2024-02-29 07086336 ns5:FurnitureFittings 2024-02-29 07086336 ns5:MotorVehicles 2024-02-29 07086336 ns5:ComputerEquipment 2024-02-29 07086336 ns5:PlantMachinery 2025-02-28 07086336 ns5:FurnitureFittings 2025-02-28 07086336 ns5:MotorVehicles 2025-02-28 07086336 ns5:ComputerEquipment 2025-02-28 07086336 ns5:PlantMachinery 2024-02-29 07086336 ns5:FurnitureFittings 2024-02-29 07086336 ns5:MotorVehicles 2024-02-29 07086336 ns5:ComputerEquipment 2024-02-29 07086336 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-02-29 07086336 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 07086336 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2025-02-28 07086336 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-02-29 07086336 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 07086336 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-29 07086336 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-02-28 07086336 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-02-29 07086336 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2025-02-28 07086336 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2024-02-29 07086336 ns5:HirePurchaseContracts 2025-02-28 07086336 ns5:HirePurchaseContracts 2024-02-29 07086336 ns5:WithinOneYear 2025-02-28 07086336 ns5:WithinOneYear 2024-02-29 07086336 ns5:BetweenOneFiveYears 2025-02-28 07086336 ns5:BetweenOneFiveYears 2024-02-29 07086336 ns5:AllPeriods 2025-02-28 07086336 ns5:AllPeriods 2024-02-29 07086336 ns10:OrdinaryShareClass1 2025-02-28 07086336 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 07086336 ns5:CapitalRedemptionReserve 2024-02-29 07086336 ns5:RetainedEarningsAccumulatedLosses 2024-03-01 2025-02-28

REGISTERED NUMBER: 07086336 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 28 February 2025 |

| for |

| Just Air Conditioning Limited |

Just Air Conditioning Limited (Registered number: 07086336)

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Just Air Conditioning Limited

Company Information

for the Year Ended 28 February 2025

| DIRECTOR: | Mr W Raven

| REGISTERED OFFICE: | Unit 5, Badminton Road Trading Estate

| Yate

| Bristol

| South Glos

| BS37 5NS

| REGISTERED NUMBER: | 07086336 (England and Wales)

| ACCOUNTANTS: | Dunkley's

| Woodlands Grange

| Woodlands Lane

| Bradley Stoke

| Bristol

| United Kingdom

| BS32 4JY

Just Air Conditioning Limited (Registered number: 07086336)

Balance Sheet

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 10,702 |  | 16,193 |  |

CURRENT ASSETS

Debtors | 5 | 83,917 |  | 195,834 |  |

Cash at bank | 118,791 |  | 170,074 |  |

202,708 |  | 365,908 |  |

CREDITORS

Amounts falling due within one year | 6 | 79,069 |  | 184,440 |  |

NET CURRENT ASSETS | 123,639 |  | 181,468 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 134,341 |  | 197,661 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 2,467 |  | 5,865 |  |

NET ASSETS | 131,874 |  | 191,796 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1 |  | 1 |  |

Capital redemption reserve | 11 | 2 |  | 2 |  |

Retained earnings | 11 | 131,871 |  | 191,793 |  |

SHAREHOLDERS' FUNDS | 131,874 |  | 191,796 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17 July 2025 and were signed by:

Mr W Raven - Director

Just Air Conditioning Limited (Registered number: 07086336)

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Just Air Conditioning 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. | 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 25% on cost

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33.33% on cost

| 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.

| 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.

| 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 9 (2024 - 10 ) .

Just Air Conditioning Limited (Registered number: 07086336)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 March 2024 | 17,669 |  | 199 |  | 15,495 |  | 3,529 |  | 36,892 |  |

| Additions | - |  | - |  | - |  | 583 |  | 583 |  |

| Disposals | (8,558 | ) | - |  | - |  | - |  | (8,558 | ) |

| At 28 February 2025 | 9,111 |  | 199 |  | 15,495 |  | 4,112 |  | 28,917 |  |

| DEPRECIATION

| At 1 March 2024 | 16,072 |  | 81 |  | 3,228 |  | 1,318 |  | 20,699 |  |

| Charge for year | 839 |  | 39 |  | 3,874 |  | 1,322 |  | 6,074 |  |

| Eliminated on disposal | (8,558 | ) | - |  | - |  | - |  | (8,558 | ) |

| At 28 February 2025 | 8,353 |  | 120 |  | 7,102 |  | 2,640 |  | 18,215 |  |

| NET BOOK VALUE

| At 28 February 2025 | 758 |  | 79 |  | 8,393 |  | 1,472 |  | 10,702 |  |

| At 29 February 2024 | 1,597 |  | 118 |  | 12,267 |  | 2,211 |  | 16,193 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 15,495 |  |

| DEPRECIATION

| At 1 March 2024 | 3,228 |  |

| Charge for year | 3,874 |  |

| At 28 February 2025 | 7,102 |  |

| NET BOOK VALUE

| At 28 February 2025 | 8,393 |  |

| At 29 February 2024 | 12,267 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade debtors | 57,819 |  | 173,193 |  |

| Other debtors | 3,581 |  | 843 |  |

| Tax | 5,021 |  | - |  |

| VAT | 7,735 |  | - |  |

| Deferred tax asset | - |  | 54 |  |

| Prepayments | 9,761 |  | 21,744 |  |

83,917 |  | 195,834 |  |

Just Air Conditioning Limited (Registered number: 07086336)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans and overdrafts | - |  | 6,015 |  |

| Hire purchase contracts (see note 8) | 3,398 |  | 3,062 |  |

| Trade creditors | 64,641 |  | 125,765 |  |

| Tax | - |  | 5,021 |  |

| Social security and other taxes | 7,369 |  | 19,389 |  |

| VAT | - |  | 17,581 |  |

| Directors' current accounts | 1,560 |  | 1,477 |  |

| Accrued expenses | 2,101 |  | 6,130 |  |

79,069 |  | 184,440 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Hire purchase contracts (see note 8) | 2,467 |  | 5,865 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase contracts |

| 28.2.25 |  | 29.2.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 3,398 |  | 3,062 |  |

| Between one and five years | 2,467 |  | 5,865 |  |

5,865 |  | 8,927 |  |

| Non-cancellable operating | leases |

| 28.2.25 |  | 29.2.24

£ | £ |

| Within one year | 8,962 |  | 12,244 |  |

| Between one and five years | 1,192 |  | 10,155 |  |

10,154 |  | 22,399 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.25 |  | 29.2.24

£ | £ |

| Hire purchase | 5,865 |  | 8,928 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 28.2.25 |  | 29.2.24

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

Just Air Conditioning Limited (Registered number: 07086336)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

11. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 March 2024 | 191,793 |  | 2 |  | 191,795 |  |

| Deficit for the year | (59,422 | ) | (59,422 | ) |

| Dividends | (500 | ) | (500 | ) |

| At 28 February 2025 | 131,871 |  | 2 |  | 131,873 |  |

12. | DIRECTORS COMMENTS

| Turnover for the year ended 28 February 2025 represents a decrease of 24% compared to the previous year. This reduction was primarily due to a prominent customer of the company deciding to do their own works in-house.