| Advance Air Conditioning Ltd |
|
| Report to the directors on the preparation of the unaudited statutory accounts of Advance Air Conditioning Ltd for the year ended 31 October 2025 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Advance Air Conditioning Ltd for the year ended 31 October 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Coalesco Accountants Limited |
| Chartered Certified Accountants |
| 156 Russell Drive |
| Wollaton |
| Nottingham |
| Nottinghamshire |
| NG8 2BE |
|
| 20 April 2026 |
|
| Advance Air Conditioning Ltd |
| Registered number: |
09847435 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
51,875 |
|
|
65,762 |
|
| Current assets |
| Debtors |
5 |
|
265,631 |
|
|
112,885 |
| Investments held as current assets |
6 |
|
1 |
|
|
- |
| Cash at bank and in hand |
|
|
38,377 |
|
|
83,774 |
|
|
|
304,009 |
|
|
196,659 |
|
| Creditors: amounts falling due within one year |
7 |
|
(233,691) |
|
|
(230,397) |
|
| Net current assets/(liabilities) |
|
|
|
70,318 |
|
|
(33,738) |
|
| Net assets |
|
|
|
122,194 |
|
|
32,024 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
13 |
|
|
13 |
| Profit and loss account |
|
|
|
122,181 |
|
|
32,011 |
|
| Shareholders' funds |
|
|
|
122,194 |
|
|
32,024 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D E Lee |
| Director |
| Approved by the board on 20 April 2026 |
|
| Advance Air Conditioning Ltd |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
8 |
|
8 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2024 |
18,523 |
|
96,225 |
|
114,748 |
|
Additions |
2,549 |
|
|
|
2,549 |
|
At 31 October 2025 |
21,072 |
|
96,225 |
|
117,297 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
11,131 |
|
37,855 |
|
48,986 |
|
Charge for the year |
1,844 |
|
14,592 |
|
16,436 |
|
At 31 October 2025 |
12,975 |
|
52,447 |
|
65,422 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
8,097 |
|
43,778 |
|
51,875 |
|
At 31 October 2024 |
7,392 |
|
58,370 |
|
65,762 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
Total |
| £ |
£ |
|
Cost |
|
Additions |
1 |
|
|
|
1 |
|
|
At 31 October 2025 |
1 |
|
|
|
1 |
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
222,354 |
|
95,910 |
|
Other debtors |
43,277 |
|
16,975 |
|
|
|
|
|
|
265,631 |
|
112,885 |
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
55,725 |
|
21,479 |
|
Obligations under finance lease and hire purchase contracts |
32,814 |
|
43,940 |
|
Trade creditors |
98,577 |
|
30,741 |
|
Corporation tax |
34,681 |
|
32,129 |
|
Other taxes and social security costs |
1,320 |
|
- |
|
Other creditors |
10,574 |
|
102,108 |
|
|
|
|
|
|
233,691 |
|
230,397 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Advance Air Conditioning Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
156 Russell Drive |
|
Wollaton |
|
Nottingham |
|
NG8 2BE |