Registration number: 03732987

Kingston Refrigeration Services Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Kingston Refrigeration Services Limited

Company Information

Directors

Mr C A MacIver Mr N C Moy Mr G D Mears

Registered office

Charrington Park West Carr Lane Sutton Fields Industrial Estate KINGSTON UPON HULL East Yorkshire HU7 0BW

Kingston Refrigeration Services Limited

(Registration number: 03732987)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	46,009	6,471
		46,009	6,471
Current assets
Stocks	6	11,939	17,409
Debtors	7	650,989	785,472
Cash at bank and in hand		308,572	218,482
		971,500	1,021,363
Creditors: Amounts falling due within one year	8	(137,504)	(184,734)
Net current assets		833,996	836,629
Total assets less current liabilities		880,005	843,100
Provisions for liabilities		(8,695)	-
Net assets		871,310	843,100
Capital and reserves
Called up share capital		50	50
Capital redemption reserve		50	50
Retained earnings		871,210	843,000
Shareholders' funds		871,310	843,100

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Kingston Refrigeration Services Limited

(Registration number: 03732987)
Balance Sheet as at 31 March 2025

Approved and authorised for issue by the Board on 17 December 2025 and signed on its behalf by:
 

.........................................

Mr C A MacIver

Director

Kingston Refrigeration Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Charrington Park
West Carr Lane
Sutton Fields Industrial Estate
KINGSTON UPON HULL
East Yorkshire
HU7 0BW

These financial statements were authorised for issue by the Board on 17 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Kingston Refrigeration Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% and 33% on reducing balance
Motor vehicles	25% on reducing balance
Plant and machinery	15% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Kingston Refrigeration Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 7).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	7,194	1,834

Kingston Refrigeration Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	14,544	38,766	2,218	55,528
Additions	-	45,400	1,615	47,015
Disposals	(3,950)	-	-	(3,950)
At 31 March 2025	10,594	84,166	3,833	98,593
Depreciation
At 1 April 2024	12,671	35,402	984	49,057
Charge for the year	446	6,516	232	7,194
Eliminated on disposal	(3,667)	-	-	(3,667)
At 31 March 2025	9,450	41,918	1,216	52,584
Carrying amount
At 31 March 2025	1,144	42,248	2,617	46,009
At 31 March 2024	1,873	3,364	1,234	6,471

6

Stocks

	2025 £	2024 £
Work in progress	4,888	7,358
Other inventories	7,051	10,051
	11,939	17,409

7

Debtors

Current	Note	2025 £	2024 £
Trade debtors		68,129	129,970
Amounts owed by related parties		577,141	649,582
Prepayments		5,719	4,550
Other debtors		-	1,370
		650,989	785,472

Kingston Refrigeration Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	33,570	97,464
Taxation and social security	94,875	77,490
Accruals and deferred income	6,668	7,993
Other creditors	2,391	1,787
	137,504	184,734

9	Parent and ultimate parent undertaking

The ultimate parent is M3UK Limited, incorporated in England and Wales.