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Registered number: 02550483
Rainham Refrigeration & Air Conditioning Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Rainham Refrigeration & Air Conditioning Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Rainham Refrigeration & Air Conditioning Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 02550483

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 6,222 |  | 7,886
|  |  | 6,222 |  | 7,886
CURRENT ASSETS
Stocks | 6 | 380,942 |  | 524,979 |
Debtors | 7 | 288,822 |  | 500,833 |
Cash at bank and in hand |  | 17,396 |  | 667 |
|  | 687,160 |  | 1,026,479 |
Creditors: Amounts Falling Due Within One Year | 8 | (780,847 ) |  | (793,444 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (93,687 ) |  | 233,035
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (87,465 ) |  | 240,921
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (60,886 ) |  | (91,126 )
NET (LIABILITIES)/ASSETS |  |  | (148,351 ) |  | 149,795
CAPITAL AND RESERVES
Called up share capital | 10 |  | 361,000 |  | 361,000
Profit and Loss Account |  |  | (509,351 ) |  | (211,205 )
SHAREHOLDERS' FUNDS |  |  | (148,351) |  | 149,795

Page 1
Page 2
Rainham Refrigeration & Air Conditioning Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr P N South Director
19th February 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Rainham Refrigeration & Air Conditioning Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Rainham Refrigeration & Air Conditioning Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02550483 . The registered office is 139-141 Watling Street, Gillingham, Kent, ME7 2YY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The accounts have been prepared on the basis of going concern. This basis may not be appropriate because the company had , at 31st March 2025, net liabilities of £148,351. The validity of the going concern basis is dependent upon the continued support of the company's directors.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of three years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.

Motor Vehicles | 20% on cost
Fixtures & Fittings | 20% on cost
Computer Equipment | 20% on cost

2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
Page 3
Page 4
Rainham Refrigeration & Air Conditioning Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Debtors
Short term debtors are mesured at transaction price, less any impairments for bad or doubtful debts.
2.10. Creditors
Short term creditors are measured at the transaction price.
2.11. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.
2.12 Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.
The cost of any significant unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2024: 39)
25 39
Page 4
Page 5
Rainham Refrigeration & Air Conditioning Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 16,925
As at 31 March 2025 | 16,925
Amortisation
As at 1 April 2024 | 16,925
As at 31 March 2025 | 16,925
Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | -

5. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 April 2024 | 42,286 | 8,545 | 39,148 | 89,979
Additions | - | - | 2,017 | 2,017
As at 31 March 2025 | 42,286 | 8,545 | 41,165 | 91,996
Depreciation
As at 1 April 2024 | 42,286 | 8,545 | 31,262 | 82,093
Provided during the period | - | - | 3,681 | 3,681
As at 31 March 2025 | 42,286 | 8,545 | 34,943 | 85,774
Net Book Value
As at 31 March 2025 | - | - | 6,222 | 6,222
As at 1 April 2024 | - | - | 7,886 | 7,886

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 208,599 |  | 309,779
Work in progress | 172,343 |  | 215,200
| 380,942 |  | 524,979

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 250,137 |  | 412,991
Other debtors | 38,685 |  | 87,842
| 288,822 |  | 500,833

Page 5
Page 6
Rainham Refrigeration & Air Conditioning Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 235,820 |  | 244,864
Bank loans and overdrafts | 130,623 |  | 146,514
Other creditors | 314,537 |  | 297,970
Taxation and social security | 99,867 |  | 104,096
| 780,847 |  | 793,444

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 60,886 |  | 91,126

The bank have a debenture, dated 18th September 1996, over all assets of the company.
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 361,000 |  | 361,000

Page 6