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Company Registration No. 06453185 (England and Wales)
REF Refrigeration Air Conditioning Limited Unaudited accounts for the year ended 31 October 2025
REF Refrigeration Air Conditioning Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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REF Refrigeration Air Conditioning Limited Company Information for the year ended 31 October 2025
Director
R E Fallows
Secretary
C Pierpoint
Company Number
06453185 (England and Wales)
Registered Office
Unit 39 Shelton Enterprise Centre Bedford Street Stoke on Trent Staffordshire ST1 4PZ
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REF Refrigeration Air Conditioning Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
5,225
6,381
Current assets
Inventories
5,470
5,090
Debtors
6
9,384
6,476
Cash at bank and in hand
121,979
148,201
136,833
159,767
Creditors: amounts falling due within one year
7
(107,506)
(123,756)
Net current assets
29,327
36,011
Total assets less current liabilities
34,552
42,392
Provisions for liabilities
Deferred tax
(992)
(1,212)
Net assets
33,560
41,180
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
33,460
41,080
Shareholders' funds
33,560
41,180
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2025 and were signed on its behalf by
R E Fallows Director Company Registration No. 06453185
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REF Refrigeration Air Conditioning Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
REF Refrigeration Air Conditioning Limited is a private company, limited by shares, registered in England and Wales, registration number 06453185. The registered office is Unit 39 Shelton Enterprise Centre, Bedford Street, Stoke on Trent, Staffordshire, ST1 4PZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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REF Refrigeration Air Conditioning Limited Notes to the Accounts for the year ended 31 October 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2024
41,500
At 31 October 2025
41,500
Amortisation
At 1 November 2024
41,500
At 31 October 2025
41,500
Net book value
At 31 October 2025
-
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
4,498
26,518
13,256
44,272
At 31 October 2025
4,498
26,518
13,256
44,272
Depreciation
At 1 November 2024
4,121
24,527
9,243
37,891
Charge for the year
56
498
602
1,156
At 31 October 2025
4,177
25,025
9,845
39,047
Net book value
At 31 October 2025
321
1,493
3,411
5,225
At 31 October 2024
377
1,991
4,013
6,381
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
6,192
5,475
Other debtors
3,192
1,001
9,384
6,476
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
8,794
9,585
Taxes and social security
730
2,583
Other creditors
97,982
111,588
107,506
123,756
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REF Refrigeration Air Conditioning Limited Notes to the Accounts for the year ended 31 October 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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