KEEP IT COOL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs N J Hicks

REGISTERED OFFICE:

6 Studley Close

East Morton

Keighley

BD20 5TW

REGISTERED NUMBER:

09048529 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Suite 1.07

International Dev. Centre

Valley Road

Ilkley

West Yorkshire

LS29 8AL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

889,795

916,306

889,795

916,306

CURRENT ASSETS

Debtors

6

441,170

397,477

Cash at bank and in hand

585,282

367,121

1,026,452

764,598

CREDITORS

Amounts falling due within one year

7

648,362

416,750

NET CURRENT ASSETS

378,090

347,848

TOTAL ASSETS LESS CURRENT LIABILITIES

1,267,885

1,264,154

CREDITORS

Amounts falling due after more than one year

8

(366,968

)

(473,094

)

PROVISIONS FOR LIABILITIES

10

(218,615

)

(166,537

)

NET ASSETS

682,302

624,523

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

682,202

624,423

SHAREHOLDERS' FUNDS

682,302

624,523

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 3 September 2025 and were signed by:

Mrs N J Hicks - Director

1.	STATUTORY INFORMATION

Keep It Cool 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.

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.

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

at varying rates on cost

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 30 (2024 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

60,000

AMORTISATION

At 1 July 2024

and 30 June 2025

60,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 July 2024

43,372

1,589,595

1,632,967

Additions

1,232

289,184

290,416

Disposals

-

(167,687

)

(167,687

)

At 30 June 2025

44,604

1,711,092

1,755,696

DEPRECIATION

At 1 July 2024

37,213

679,448

716,661

Charge for year

6,955

291,578

298,533

Eliminated on disposal

-

(149,293

)

(149,293

)

At 30 June 2025

44,168

821,733

865,901

NET BOOK VALUE

At 30 June 2025

436

889,359

889,795

At 30 June 2024

6,159

910,147

916,306

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

291,074

258,829

Other debtors

35,672

26,572

Directors' current accounts

92,186

88,647

Prepayments

22,238

23,429

441,170

397,477

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

10,510

10,247

Hire purchase contracts (see note 9)

284,716

280,255

Trade creditors

199,946

45,906

Tax

53,943

-

Social security and other taxes

20,637

15,067

VAT

31,482

27,095

Other creditors

20,290

25,930

Accrued expenses

26,838

12,250

648,362

416,750

The Directors Loan Account(s) are interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans - 1-2 years

-

10,509

Hire purchase contracts (see note 9)

366,968

462,585

366,968

473,094

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.6.25

30.6.24

£

£

Net obligations repayable:

Within one year

284,716

280,255

Between one and five years

366,968

462,585

651,684

742,840

10.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

218,615

166,537

Deferred

tax

£

Balance at 1 July 2024

166,537

Accelerated capital allowances

52,078

Losses carried forward

Balance at 30 June 2025

218,615

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary

1.00

100

100

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs N J Hicks.