CONDENSATION SOLUTIONS LTD

Company Registration Number:
NI639063 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 March 2025

Period of accounts

Start date: 01 April 2024

End date: 30 March 2025

CONDENSATION SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 30 March 2025

Balance sheet
Notes

CONDENSATION SOLUTIONS LTD

Balance sheet

As at 30 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 137,304 86,653
Total fixed assets: 137,304 86,653
Current assets
Stocks: 214,292 183,986
Debtors:   299,827 162,001
Cash at bank and in hand: 116,709 169,173
Total current assets: 630,828 515,160
Creditors: amounts falling due within one year:   (295,028) (289,445)
Net current assets (liabilities): 335,800 225,715
Total assets less current liabilities: 473,104 312,368
Creditors: amounts falling due after more than one year:   (57,142) (33,162)
Provision for liabilities: (35,212)
Total net assets (liabilities): 380,750 279,206
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 380,550 279,006
Shareholders funds: 380,750 279,206

The notes form part of these financial statements

CONDENSATION SOLUTIONS LTD

Balance sheet statements

For the year ending 30 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2025
and signed on behalf of the board by:

Name: Hugh McCulloc
Status: Director

The notes form part of these financial statements

CONDENSATION SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its useful life. Plant and machinery 25 per cent on reducing balance

Intangible fixed assets and amortisation policy

Intangible fixed assets - goodwill Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years.

Other accounting policies

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

CONDENSATION SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

2. Employees

2025 2024
Average number of employees during the period 15 11

CONDENSATION SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 179,041
Additions 99,094
At 30 March 2025 278,135
Depreciation
At 01 April 2024 92,388
Charge for year 48,443
At 30 March 2025 140,831
Net book value
At 30 March 2025 137,304
At 31 March 2024 86,653

CONDENSATION SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

4. Financial commitments

The company had financial commitments of £74,975 (2024: £38,828) at the period end.