REGISTERED NUMBER: 13070906 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

TEMPORARY CLIMATE SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Tarrant Beaumont

REGISTERED OFFICE:

73 Park Lane

Croydon

CR0 1JG

REGISTERED NUMBER:

13070906 (England and Wales)

AUDITORS:

Owadally & King

Chartered Certified Accountants

& Statutory Auditors

73 Park Lane

Croydon

Surrey

CR0 1JG

FIXED ASSETS

Tangible assets

4

969,375

657,130

CURRENT ASSETS

Stocks

50,000

20,000

Debtors

5

64,177

220,249

Cash at bank

21,041

50,445

135,218

290,694

CREDITORS

Amounts falling due within one year

6

509,270

486,430

NET CURRENT LIABILITIES

(374,052

)

(195,736

)

TOTAL ASSETS LESS CURRENT LIABILITIES

595,323

461,394

CREDITORS

Amounts falling due after more than one year

7

(468,749

)

(268,410

)

PROVISIONS FOR LIABILITIES

(92,940

)

(68,422

)

NET ASSETS

33,634

124,562

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

33,633

124,561

33,634

124,562

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

Tarrant Beaumont - Director

1.	STATUTORY INFORMATION

Temporary Climate Solutions 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made is in the depreciation rate of tangible assets and stock.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the amounts receivable for hiring plant and machinery services net of VAT and trade discounts.

Turnover is recognised as and when the company satisfies a performance obligation and the significant risks and rewards have been transferred to the customer. Where payments are received from customer in advance of services provided, the amounts are recorded as deferred income and included as part of the debtors due within one year.

Tangible fixed assets

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

Plant and machinery etc - 10% to 33% on cost

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 Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

683,974

4,225

28,310

716,509

Additions

415,289

-

-

415,289

Disposals

-

-

(28,310

)

(28,310

)

At 31 December 2024

1,099,263

4,225

-

1,103,488

DEPRECIATION

At 1 January 2024

31,111

1,883

26,385

59,379

Charge for year

99,669

1,450

-

101,119

Eliminated on disposal

-

-

(26,385

)

(26,385

)

At 31 December 2024

130,780

3,333

-

134,113

NET BOOK VALUE

At 31 December 2024

968,483

892

-

969,375

At 31 December 2023

652,863

2,342

1,925

657,130

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

59,608

169,404

Other debtors

4,569

50,845

64,177

220,249

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 8)

234,749

99,291

Trade creditors

80,431

207,323

Amounts owed to group undertakings

95,000

-

Taxation and social security

11,634

-

Other creditors

87,456

179,816

509,270

486,430

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 8)

468,749

268,410

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024

2023

£

£

Net obligations repayable:

Within one year

234,749

99,291

Between one and five years

468,749

268,410

703,498

367,701

Hire purchase contracts have been secured over specific plant and machinery items of the company.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Mohammed Yousouf Farook Owadally (Senior Statutory Auditor)

for and on behalf of Owadally & King

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Beaumont Holdings (Sussex) Limited incorporated in England and Wales..