REGISTERED NUMBER: 08950529 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Elite Cooling Installations Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs T Barnard

D T Barnard

REGISTERED OFFICE:

Davies Archytas Accountants Ltd

14, The Oaks

Clews Road

Redditch

B98 7ST

REGISTERED NUMBER:

08950529 (England and Wales)

ACCOUNTANTS:

Davies Archytas Accountants Ltd

14 The Oaks

Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

4

83,204

57,633

CURRENT ASSETS

Debtors

79,570

70,901

Cash at bank

151,753

37,071

231,323

107,972

CREDITORS

Amounts falling due within one year

135,881

50,990

NET CURRENT ASSETS

95,442

56,982

TOTAL ASSETS LESS CURRENT LIABILITIES

178,646

114,615

CREDITORS

Amounts falling due after more than one year

(10,825

)

(21,743

)

PROVISIONS FOR LIABILITIES

(20,801

)

(13,256

)

NET ASSETS

147,020

79,616

CAPITAL AND RESERVES

Called up share capital

7

4

4

Retained earnings

147,016

79,612

SHAREHOLDERS' FUNDS

147,020

79,616

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 June 2025 and were signed on its behalf by:

D T Barnard - Director

1.	STATUTORY INFORMATION

Elite Cooling Installations Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 7 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

111,697

Additions

53,307

At 31 March 2025

165,004

DEPRECIATION

At 1 April 2024

54,064

Charge for year

27,736

At 31 March 2025

81,800

NET BOOK VALUE

At 31 March 2025

83,204

At 31 March 2024

57,633

5.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans

4,000

4,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

667

4,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

667

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

17,076

23,994

Hire purchase liabilities are secured upon the assets to which they relate.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

4

Ordinary

£1

4

4

8.	CONTROLLING PARTY

The controlling parties are the directors by virtue of their combined holding of the 100% of the issued share capital in the company.