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2025-02-28 11849229 dpl:GroupUndertakings 2024-03-01 2025-02-28 11849229 dpl:ParticipatingInterests 2024-03-01 2025-02-28 11849229 dpl:GroupUndertakings core:ListedExchangeTraded 2024-03-01 2025-02-28 11849229 core:ListedExchangeTraded 2024-03-01 2025-02-28 11849229 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 11849229 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 11849229 core:NetGoodwill 2026-02-28 11849229 core:IntangibleAssetsOtherThanGoodwill 2026-02-28 11849229 core:LandBuildings 2026-02-28 11849229 core:PlantMachinery 2026-02-28 11849229 core:Vehicles 2026-02-28 11849229 core:FurnitureFittings 2026-02-28 11849229 core:OfficeEquipment 2026-02-28 11849229 core:AfterOneYear 2026-02-28 11849229 core:WithinOneYear 2026-02-28 11849229 core:ListedExchangeTraded 2026-02-28 11849229 core:UnlistedNon-exchangeTraded 2026-02-28 11849229 core:ShareCapital 2026-02-28 11849229 core:SharePremium 2026-02-28 11849229 core:RevaluationReserve 2026-02-28 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core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-02-28 11849229 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-02-28 11849229 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-02-28 11849229 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-02-28 11849229 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-02-28 11849229 bus:Director1 2025-03-01 2026-02-28

CORE THERMAL LTD

Registered Number
11849229
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2026

CORE THERMAL LTD
Company Information
for the year from 1 March 2025 to 28 February 2026

Director | PHILLIPS, Charles

Registered Address | Waterloo House Ellacott Morris Ltd
| 2 Colchester Road
| St Osyth
| CO16 8HA

Registered Number | 11849229 (England and Wales)

CORE THERMAL LTD
Balance Sheet as at
28 February 2026

| Notes | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 12,691 |  |  |  | 1,871
|  |  |  | 12,691 |  |  |  | 1,871
Current assets |  |  |  |  |  |  |  |
Debtors | 4 | 70,552 |  |  |  | 29,587 |  |
Cash at bank and on hand |  | 142,687 |  |  |  | 83,712 |  |
|  | 213,239 |  |  |  | 113,299 |  |
Creditors amounts falling due within one year | 5 | (42,966) |  |  |  | (16,229) |  |
Net current assets (liabilities) |  |  |  | 170,273 |  |  |  | 97,070
Total assets less current liabilities |  |  |  | 182,964 |  |  |  | 98,941
Provisions for liabilities | 6 |  |  | (3,173) |  |  |  | (435)
Net assets |  |  |  | 179,791 |  |  |  | 98,506
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1 |  |  |  | 1
Profit and loss account |  |  |  | 179,790 |  |  |  | 98,505
Shareholders' funds |  |  |  | 179,791 |  |  |  | 98,506

- The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 25 March 2026, and are signed on its behalf by:
PHILLIPS, Charles Director Registered Company No. 11849229

CORE THERMAL LTD
Notes to the Financial Statements
for the year ended 28 February 2026

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Revenue from rendering of services
--- | ---
| Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Reducing balance (%)
| Vehicles | 25
| Office Equipment | 25

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2. | Average number of employees
--- | ---

|  | 2026 |  | 2025
| Average number of employees during the year | 2 |  | 2

3. | Tangible fixed assets
--- | ---

|  | Vehicles |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 March 25 | 4,263 |  | 274 |  | 4,537
| Additions | 14,160 |  | 891 |  | 15,051
| At 28 February 26 | 18,423 |  | 1,165 |  | 19,588
| Depreciation and impairment
| At 01 March 25 | 2,504 |  | 162 |  | 2,666
| Charge for year | 3,980 |  | 251 |  | 4,231
| At 28 February 26 | 6,484 |  | 413 |  | 6,897
| Net book value
| At 28 February 26 | 11,939 |  | 752 |  | 12,691
| At 28 February 25 | 1,759 |  | 112 |  | 1,871

4. | Debtors: amounts due within one year
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 43,732 |  | 24,507
| Other debtors | 26,076 |  | 4,619
| Prepayments and accrued income | 744 |  | 461
| Total | 70,552 |  | 29,587

5. | Creditors: amounts due within one year
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 11,712 |  | 3,197
| Taxation and social security | 30,035 |  | 13,032
| Other creditors | 1,219 |  | -
| Total | 42,966 |  | 16,229

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6. | Provisions for liabilities
--- | ---

|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 3,173 |  | 435
| Total | 3,173 |  | 435

7. | Directors advances, credits and guarantees
--- | ---
| Included within other creditors are amounts due to the director of £19 (2025 - £1 debtor).