REGISTERED NUMBER: SC225243 (Scotland)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Air Conditioning Sales UK Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

C Byrne

D Byrne

SECRETARY:

Mrs S Byrne

REGISTERED OFFICE:

191 Station Road

Shotts

North Lanarkshire

ML7 4BA

REGISTERED NUMBER:

SC225243 (Scotland)

ACCOUNTANTS:

EAC Accountancy Limited

191 Station Road

Shotts

North Lanarkshire

ML7 4BA

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Air Conditioning unit sales and services.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

C Byrne

D Byrne

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs S Byrne - Secretary

30 October 2025

TURNOVER

1,013,071

937,183

Cost of sales

443,254

355,945

GROSS PROFIT

569,817

581,238

Administrative expenses

529,048

543,737

40,769

37,501

Other operating income

-

8,000

OPERATING PROFIT

4

40,769

45,501

Interest payable and similar expenses

6,559

7,200

PROFIT BEFORE TAXATION

34,210

38,301

Tax on profit

6,500

7,278

PROFIT FOR THE FINANCIAL YEAR

27,710

31,023

FIXED ASSETS

Tangible assets

5

12,152

16,204

CURRENT ASSETS

Stocks

242,225

252,013

Debtors

6

238,817

202,243

Cash at bank

34,721

28,667

515,763

482,923

CREDITORS

Amounts falling due within one year

7

128,760

128,511

NET CURRENT ASSETS

387,003

354,412

TOTAL ASSETS LESS CURRENT LIABILITIES

399,155

370,616

CREDITORS

Amounts falling due after more than one year

8

(210,732

)

(207,633

)

PROVISIONS FOR LIABILITIES

(2,309

)

(3,079

)

NET ASSETS

186,114

159,904

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

183,114

156,904

186,114

159,904

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

C Byrne - Director

1.	STATUTORY INFORMATION

Air Conditioning Sales UK Limited 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 25% in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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 6 (2024 - 5 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

4,052

5,402

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

70,449

DEPRECIATION

At 1 April 2024

54,245

Charge for year

4,052

At 31 March 2025

58,297

NET BOOK VALUE

At 31 March 2025

12,152

At 31 March 2024

16,204

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

238,817

200,030

Other debtors

-

2,213

238,817

202,243

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

99,343

111,296

Taxation and social security

24,221

11,928

Other creditors

5,196

5,287

128,760

128,511

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

39,375

22,500

Other creditors

171,357

185,133

210,732

207,633