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REGISTERED NUMBER: 02812746 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Air Cool Engineering Service &

Maintenance Ltd

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Air Cool Engineering Service &

Maintenance Ltd

Company Information

for the Year Ended 31 May 2025

| DIRECTORS: | S P Dennis

| K McLeod

| P Smith

| SECRETARY: | C S Young

| REGISTERED OFFICE: | Aneurine House

| Astonbury Farm

| Aston

| Hertfordshire

| SG2 7EG

| REGISTERED NUMBER: | 02812746 (England and Wales)

| ACCOUNTANTS: | Braceys Accountants Limited

| Unit 1 The Cam Centre

| Wilbury Way

| Hitchin

| Hertfordshire

| SG4 0TW

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Balance Sheet

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 754 |  | - |  |

Tangible assets | 5 | 166,620 |  | 172,147 |  |

167,374 |  | 172,147 |  |

CURRENT ASSETS

Debtors | 6 | 1,312,534 |  | 1,177,085 |  |

Cash at bank and in hand | 358,652 |  | 515,547 |  |

1,671,186 |  | 1,692,632 |  |

CREDITORS

Amounts falling due within one year | 7 | 677,493 |  | 560,763 |  |

NET CURRENT ASSETS | 993,693 |  | 1,131,869 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,161,067 |  | 1,304,016 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (165,001 | ) | (184,325 | ) |

PROVISIONS FOR LIABILITIES | (37,032 | ) | (29,616 | ) |

NET ASSETS | 959,034 |  | 1,090,075 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 958,934 |  | 1,089,975 |  |

959,034 |  | 1,090,075 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Balance Sheet - continued

31 May 2025

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 18 December 2025 and were signed on its behalf by:

K McLeod - Director

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| Air Cool Engineering Service & Maintenance 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.

| 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.

| Computer software is being amortised evenly over its estimated useful life of nil years.

| Tangible fixed assets

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

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 25% on cost

| 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.

| 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.

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits.

| Trade debtors

| Trade debtors are amounts due from customers for services performed in the ordinary course of

| business.

| Trade debtors are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

| The cost of finished goods and work in progress comprises direct materials and, where applicable,

| direct labour costs and those overheads that have been incurred in bringing the inventories to their

| present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

| Trade creditors

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised at the transaction price.

| Share capital

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

| Dividends

| Dividend distribution to the company’s shareholders is recognised as a liability in the financial

| statements in the reporting period in which the dividends are declared.

| Related Party Transactions

| At the balance sheet date the company owed Mr K McLeod £nil (2024; £118,100). There are no terms of repayment or interest charged,

| At the balance sheet date the company owed Mr P Smith £2 (2024: £9). there are no terms of repayment or interest charged.

| At the balance sheet date the company was owed £5,000 (2024: £0) by Mr S Dennis, the amount was repaid in full within 9 months of the year end and no interest was charged.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 28 (2024 - 27 ) .

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

4. | INTANGIBLE FIXED ASSETS

| Computer

| software

£ |

| COST

| Additions | 850 |  |

| At 31 May 2025 | 850 |  |

| AMORTISATION

| Amortisation for year | 96 |  |

| At 31 May 2025 | 96 |  |

| NET BOOK VALUE

| At 31 May 2025 | 754 |  |

5. | TANGIBLE FIXED ASSETS

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 June 2024 | 335,450 |  | 70,406 |  | 405,856 |  |

| Additions | 38,084 |  | 2,071 |  | 40,155 |  |

| Disposals | (40,407 | ) | - |  | (40,407 | ) |

| At 31 May 2025 | 333,127 |  | 72,477 |  | 405,604 |  |

| DEPRECIATION

| At 1 June 2024 | 169,744 |  | 63,968 |  | 233,712 |  |

| Charge for year | 33,567 |  | 3,864 |  | 37,431 |  |

| Eliminated on disposal | (32,159 | ) | - |  | (32,159 | ) |

| At 31 May 2025 | 171,152 |  | 67,832 |  | 238,984 |  |

| NET BOOK VALUE

| At 31 May 2025 | 161,975 |  | 4,645 |  | 166,620 |  |

| At 31 May 2024 | 165,706 |  | 6,438 |  | 172,144 |  |

6. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 1,225,289 |  | 734,550 |  |

| Amounts owed by group undertakings | 18,236 |  | - |  |

| Other debtors | 71,339 |  | 444,865 |  |

1,314,864 |  | 1,179,415 |  |

| Amounts falling due after more than one year:

| Other debtors | (2,330 | ) | (2,330 | ) |

| Aggregate amounts | 1,312,534 |  | 1,177,085 |  |

Air Cool Engineering Service &

Maintenance Ltd (Registered number: 02812746)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 20,860 |  | 20,676 |  |

| Trade creditors | 581,048 |  | 238,141 |  |

| Amounts owed to group undertakings | - |  | 264 |  |

| Taxation and social security | 65,983 |  | 117,073 |  |

| Other creditors | 9,602 |  | 184,609 |  |

677,493 |  | 560,763 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 36,696 |  | 27,571 |  |

| Taxation and social security | 128,305 |  | 156,754 |  |

165,001 |  | 184,325 |  |