ASSOCIATED COOLING SERVICES LIMITED


Directors	BURTON, Shorne Barry
	CARTMELL, Brian Anthony
	COLLINS, David Gerard
	COLLINS, John Joseph
	COLLINS, Megan Annalise
	POWELL, Mark Christopher
	POWELL, Elizabeth


Company Secretary	COLLINS, John Joseph


Registered Address	20 Metro Centre
	Kangley Bridge Road
	London
	SE26 5BW


Registered Number	02669946 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		325,828		356,484
			325,828		356,484
Current assets
Debtors	4	1,017,692		1,282,907
Cash at bank and on hand		837,567		1,567,700
		1,855,259		2,850,607
Creditors amounts falling due within one year	5	(568,692)		(1,182,375)
Net current assets (liabilities)			1,286,567		1,668,232
Total assets less current liabilities			1,612,395		2,024,716
Creditors amounts falling due after one year	6		(139,299)		(204,069)
Provisions for liabilities	8		(73,261)		(86,375)
Net assets			1,399,835		1,734,272
Capital and reserves
Called up share capital			27,485		20,000
Share premium			19,985		-
Profit and loss account			1,352,365		1,714,272
Shareholders' funds			1,399,835		1,734,272

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 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 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 Board of Directors on 6 May 2026, and are signed on its behalf by:

CARTMELL, Brian Anthony
Director
Registered Company No. 02669946

ASSOCIATED COOLING SERVICES LIMITED

Notes to the Financial Statements
for the year ended 31 March 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	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.

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
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Vehicles	5
	Office Equipment	5

	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. The company applies the lease recognition and measurement principles of FRS 102. At the inception of a contract, the company assesses whether the contract is, or contains, a lease. A lease is recognised as a right-of-use asset and a corresponding lease liability at the commencement date. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, where this cannot be readily determined, the company’s incremental borrowing rate. Lease payments included in the measurement of the lease liability comprise: Fixed lease payments (including in-substance fixed payments), less any lease incentives receivable Variable lease payments that depend on an index or rate Amounts expected to be payable under residual value guarantees The exercise price of purchase options, if reasonably certain to be exercised The right-of-use asset is initially measured at cost, comprising: The amount of the initial measurement of the lease liability Any lease payments made at or before the commencement date Any initial direct costs Subsequently, the right-of-use asset is depreciated on a straight-line basis over the shorter of the lease term and the useful economic life of the underlying asset. The lease liability is increased by interest and reduced by lease payments made. Short-term leases (with a lease term of 12 months or less) and leases of low-value assets are recognised as an expense on a straight-line basis over the lease term.

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.

The company applies the lease recognition and measurement principles of FRS 102.

At the inception of a contract, the company assesses whether the contract is, or contains, a lease. A lease is recognised as a right-of-use asset and a corresponding lease liability at the commencement date.

The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, where this cannot be readily determined, the company’s incremental borrowing rate.

Lease payments included in the measurement of the lease liability comprise:

Fixed lease payments (including in-substance fixed payments), less any lease incentives receivable
Variable lease payments that depend on an index or rate
Amounts expected to be payable under residual value guarantees
The exercise price of purchase options, if reasonably certain to be exercised

The right-of-use asset is initially measured at cost, comprising:

The amount of the initial measurement of the lease liability
Any lease payments made at or before the commencement date
Any initial direct costs

Subsequently, the right-of-use asset is depreciated on a straight-line basis over the shorter of the lease term and the useful economic life of the underlying asset. The lease liability is increased by interest and reduced by lease payments made.

Short-term leases (with a lease term of 12 months or less) and leases of low-value assets are recognised as an expense on a straight-line basis over the lease term.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	45		50

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	926,108	117,078	1,043,186
Additions	103,485	12,764	116,249
Disposals	(71,912)	-	(71,912)
At 31 March 26	957,681	129,842	1,087,523
Depreciation and impairment
At 01 April 25	615,873	70,829	686,702
Charge for year	130,744	16,161	146,905
On disposals	(71,912)	-	(71,912)
At 31 March 26	674,705	86,990	761,695
Net book value
At 31 March 26	282,976	42,852	325,828
At 31 March 25	310,235	46,249	356,484


	Included within Motor Vehicles is an amount of £29,955 (NBV: £22,466) relating to right-of-use assets in respect of leased vehicles.

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	817,693	1,255,991
Other debtors	171,353	-
Prepayments and accrued income	28,646	26,916
Total	1,017,692	1,282,907

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	221,598	223,285
Bank borrowings and overdrafts	15,000	90,000
Taxation and social security	190,757	762,600
Finance lease and HP contracts	118,443	91,816
Other creditors	19,895	11,674
Accrued liabilities and deferred income	2,999	3,000
Total	568,692	1,182,375

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	-	15,000
Other creditors	139,299	189,069
Total	139,299	204,069

7.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	257,742		280,885


	The total lease liability at the year end includes amounts in relation to leased vehicles of £22,479, of which £16,052 was due after one year.

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	73,261	86,375
Total	73,261	86,375

9.	Directors advances, credits and guarantees
	The Directors did not enter into any advances, credits or guarantees with the company.