REGISTERED NUMBER: 02362839 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hall Refrigeration Wholesale Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Stuart

K Peters

REGISTERED OFFICE:

Sterling House

7 Ashford Road

Maidstone

Kent

ME14 5BJ

REGISTERED NUMBER:

02362839 (England and Wales)

ACCOUNTANTS:

Berry & Company

Chartered Accountants

Sterling House

7 Ashford Road

Maidstone

Kent

ME14 5BJ

FIXED ASSETS

Tangible assets

4

267,403

260,309

CURRENT ASSETS

Stocks

40,889

38,450

Debtors

5

315,199

217,763

Cash at bank and in hand

116,673

54,248

472,761

310,461

CREDITORS

Amounts falling due within one year

6

495,700

305,485

NET CURRENT (LIABILITIES)/ASSETS

(22,939

)

4,976

TOTAL ASSETS LESS CURRENT LIABILITIES

244,464

265,285

CREDITORS

Amounts falling due after more than one year

7

(117,948

)

(155,377

)

PROVISIONS FOR LIABILITIES

(14,605

)

(14,605

)

NET ASSETS

111,911

95,303

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

111,811

95,203

SHAREHOLDERS' FUNDS

111,911

95,303

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 12 December 2025 and were signed on its behalf by:

M Stuart - Director

1.	STATUTORY INFORMATION

Hall Refrigeration Wholesale 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Income

Turnover represents the fair value of consideration received or receivable derived from the provision of refrigeration and air conditioning goods to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 15% 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.

Financial instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

533,267

Additions

54,997

At 31 March 2025

588,264

DEPRECIATION

At 1 April 2024

279,558

Charge for year

41,303

At 31 March 2025

320,861

NET BOOK VALUE

At 31 March 2025

267,403

At 31 March 2024

253,709

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

269,398

DEPRECIATION

At 1 April 2024

and 31 March 2025

139,194

NET BOOK VALUE

At 31 March 2025

130,204

At 31 March 2024

130,204

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

256,133

198,879

Other debtors

59,066

18,884

315,199

217,763

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,442

19,000

Hire purchase contracts (see note 8)

(23,579

)

51,866

Trade creditors

256,719

101,629

Taxation and social security

19,216

48,911

Other creditors

223,902

84,079

495,700

305,485

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

43,530

43,530

Hire purchase contracts (see note 8)

103,421

111,847

Other creditors

(29,003

)

-

117,948

155,377

8.	LEASING AGREEMENTS

The future operating lease commitments total £57,807.

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

79,842

163,713

The hire purchase liabilities are secured against the motor vehicles of the company.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is M Stuart.