REGISTERED NUMBER: 01648233 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CLIMATEC SYSTEMS LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

Mrs M L Williams

REGISTERED OFFICE:

Unit 6

Old Wharf Industrial Estate

Dymock Road

Ledbury

Herefordshire

HR8 2JQ

REGISTERED NUMBER:

01648233 (England and Wales)

ACCOUNTANTS:

Smith Heath Limited

3 - 4 Bath Mews

Bath Parade

Cheltenham

Gloucestershire

GL53 7HL

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Climatec Systems Limited for the year ended 30 June 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Climatec Systems Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Climatec Systems Limited and state those matters that we have agreed to state to the director of Climatec Systems Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Climatec Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Climatec Systems Limited. You consider that Climatec Systems Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Climatec Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Smith Heath Limited

3 - 4 Bath Mews

Bath Parade

Cheltenham

Gloucestershire

GL53 7HL

19 December 2025

FIXED ASSETS

Tangible assets

4

347,033

349,420

Investments

5

1

1

347,034

349,421

CURRENT ASSETS

Stocks

438,057

425,374

Debtors

6

1,499,274

1,339,883

Cash at bank and in hand

307,480

223,263

2,244,811

1,988,520

CREDITORS

Amounts falling due within one year

7

490,415

285,051

NET CURRENT ASSETS

1,754,396

1,703,469

TOTAL ASSETS LESS CURRENT LIABILITIES

2,101,430

2,052,890

PROVISIONS FOR LIABILITIES

29,140

36,605

NET ASSETS

2,072,290

2,016,285

CAPITAL AND RESERVES

Called up share capital

9

9

Capital redemption reserve

1

1

Retained earnings

2,072,280

2,016,275

2,072,290

2,016,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2025 and were signed by:

Mrs M L Williams - Director

1.	STATUTORY INFORMATION

Climatec Systems Limited 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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 14 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

214,929

133,203

364,075

712,207

Additions

-

741

56,794

57,535

Disposals

-

-

(66,674

)

(66,674

)

At 30 June 2025

214,929

133,944

354,195

703,068

DEPRECIATION

At 1 July 2024

28,601

111,337

222,849

362,787

Charge for year

1,100

5,460

39,085

45,645

Eliminated on disposal

-

-

(52,397

)

(52,397

)

At 30 June 2025

29,701

116,797

209,537

356,035

NET BOOK VALUE

At 30 June 2025

185,228

17,147

144,658

347,033

At 30 June 2024

186,328

21,866

141,226

349,420

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

1

NET BOOK VALUE

At 30 June 2025

1

At 30 June 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

530,359

307,925

Amounts owed by group undertakings

936,427

936,427

Other debtors

32,488

95,531

1,499,274

1,339,883

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,713

-

Trade creditors

308,625

155,505

Taxation and social security

158,343

116,815

Other creditors

5,734

12,731

490,415

285,051

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

Mrs M L Williams

Balance outstanding at start of year

1,176

19,073

Amounts advanced

14,584

24,093

Amounts repaid

(16,000

)

(41,990

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(240

)

1,176

9.	RELATED PARTY DISCLOSURES

As at the year ended 30 June 2025, the company was owed £936,427 (2024: £936,427) by it's wholly owned subsidiary. The loan is interest free with no fixed repayment terms, however, the company would not call in the loan if it affected the solvency of the subsidiary.