REGISTERED NUMBER: 04805418 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Glenfield Air Conditioning Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D W Webb

SECRETARY:

Mrs S Webb

REGISTERED OFFICE:

19 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

04805418 (England and Wales)

ACCOUNTANTS:

Carter & Co

19 Warren Park Way

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Tangible assets

4

96,848

62,669

CURRENT ASSETS

Stocks

15,500

15,500

Debtors

5

171,765

287,832

Cash at bank

1,389

34,067

188,654

337,399

CREDITORS

Amounts falling due within one year

6

165,777

258,111

NET CURRENT ASSETS

22,877

79,288

TOTAL ASSETS LESS CURRENT LIABILITIES

119,725

141,957

CREDITORS

Amounts falling due after more than one year

7

(21,760

)

(39,856

)

PROVISIONS FOR LIABILITIES

(21,568

)

(15,667

)

NET ASSETS

76,397

86,434

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

76,297

86,334

SHAREHOLDERS' FUNDS

76,397

86,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 19 November 2025 and were signed by:

D W Webb - Director

1.	STATUTORY INFORMATION

Glenfield 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 etc

-

33% on cost, 25% on reducing balance and 20% on reducing balance

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.

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

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

98,497

Additions

93,816

Disposals

(49,050

)

At 30 June 2025

143,263

DEPRECIATION

At 1 July 2024

35,828

Charge for year

31,680

Eliminated on disposal

(21,093

)

At 30 June 2025

46,415

NET BOOK VALUE

At 30 June 2025

96,848

At 30 June 2024

62,669

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

Plant and

machinery

etc

£

COST

At 1 July 2024

28,500

Additions

42,064

At 30 June 2025

70,564

DEPRECIATION

At 1 July 2024

3,451

Charge for year

16,778

At 30 June 2025

20,229

NET BOOK VALUE

At 30 June 2025

50,335

At 30 June 2024

25,049

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

164,045

286,077

Other debtors

2,450

1,755

VAT

5,270

-

171,765

287,832

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

9,215

12,866

Hire purchase contracts

10,841

5,700

Trade creditors

106,329

129,927

Tax

12,029

68,656

Social security and other taxes

4,746

3,229

VAT

-

21,118

Other creditors

3,833

3,340

Credit card account

16,957

9,007

Directors' current accounts

477

2,968

Accrued expenses

1,350

1,300

165,777

258,111

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans - 1-4 years

218

24,181

Hire purchase contracts

21,542

15,675

21,760

39,856

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary

£1.00

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £43,750 (2024 - £53,250) were paid to the director .