REGISTERED NUMBER: 04708224 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Chillwise Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J D Gowen

Mrs J G Gowen

SECRETARY:

Mrs J G Gowen

REGISTERED OFFICE:

Unit 1 Players Industrial Estate

Clydach

SWANSEA

SA6 5BQ

REGISTERED NUMBER:

04708224 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

151 Windsor Road

NEATH

SA11 1NU

FIXED ASSETS

Intangible assets

4

24,453

31,122

Tangible assets

5

89,828

74,838

114,281

105,960

CURRENT ASSETS

Stocks

6

10,785

10,895

Debtors

7

171,669

201,004

Cash at bank and in hand

179,997

242,221

362,451

454,120

CREDITORS

Amounts falling due within one year

8

341,044

396,033

NET CURRENT ASSETS

21,407

58,087

TOTAL ASSETS LESS CURRENT LIABILITIES

135,688

164,047

CREDITORS

Amounts falling due after more than one year

9

(10,291

)

(41,556

)

PROVISIONS FOR LIABILITIES

10

(16,630

)

(13,627

)

NET ASSETS

108,767

108,864

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

12

108,765

108,862

SHAREHOLDERS' FUNDS

108,767

108,864

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.

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 2 December 2025 and were signed on its behalf by:

Mrs J G Gowen - Director

1.	STATUTORY INFORMATION

Chillwise Services 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

66,690

AMORTISATION

At 1 April 2024

35,568

Amortisation for year

6,669

At 31 March 2025

42,237

NET BOOK VALUE

At 31 March 2025

24,453

At 31 March 2024

31,122

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

7,218

55,256

130,266

192,740

Additions

-

4,012

27,095

31,107

At 31 March 2025

7,218

59,268

157,361

223,847

DEPRECIATION

At 1 April 2024

6,250

44,419

67,233

117,902

Charge for year

194

2,865

13,058

16,117

At 31 March 2025

6,444

47,284

80,291

134,019

NET BOOK VALUE

At 31 March 2025

774

11,984

77,070

89,828

At 31 March 2024

968

10,837

63,033

74,838

6.

STOCKS

2025

2024

£

£

Stocks

10,785

10,895

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

106,670

159,841

Amounts recoverable on contracts

16,585

40,568

Other debtors

13,038

595

Directors' current accounts

35,376

-

171,669

201,004

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

56,574

117,559

Trade creditors

158,483

137,880

Tax

-

438

Social security and other taxes

17,551

12,327

VAT

37,097

35,688

Other creditors

61,589

82,012

Directors' current accounts

-

101

Accrued expenses

9,750

10,028

341,044

396,033

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Loans

10,291

41,556

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

16,630

13,627

Deferred

tax

£

Balance at 1 April 2024

13,627

Provided during year

3,003

Balance at 31 March 2025

16,630

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary shares

£1

2

2

12.

RESERVES

Retained

earnings

£

At 1 April 2024

108,862

Profit for the year

903

Dividends

(1,000

)

At 31 March 2025

108,765