1 August 2024 false No description of principal activity Taxfiler 2024.6 NI698989 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI698989 2024-07-31 NI698989 2024-08-01 2025-07-31 NI698989 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 NI698989 business:FilletedAccounts 2024-08-01 2025-07-31 NI698989 2025-07-31 NI698989 business:Director1 2024-08-01 2025-07-31 NI698989 business:Director2 2024-08-01 2025-07-31 NI698989 business:RegisteredOffice 2024-08-01 2025-07-31 NI698989 2024-07-31 NI698989 core:WithinOneYear 2025-07-31 NI698989 core:WithinOneYear 2024-07-31 NI698989 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 NI698989 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 NI698989 core:PreviouslyStatedAmount 2025-07-31 NI698989 core:PreviouslyStatedAmount 2024-07-31 NI698989 business:SmallEntities 2024-08-01 2025-07-31 NI698989 countries:NorthernIreland 2024-08-01 2025-07-31 NI698989 2023-07-06 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. NI698989 (Northern Ireland)
Coolhut Products Ltd Unaudited accounts for the year ended 31 July 2025
Coolhut Products Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Coolhut Products Ltd Company Information for the year ended 31 July 2025
Directors
Ronald Trevor Campbell Quinn Ronald Trevor Campbell Quinn
Company Number
NI698989 (Northern Ireland)
Registered Office
34 WESLEYDALE BALLYCLARE BT39 9WD NORTHERN IRELAND
Accountants
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE
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Coolhut Products Ltd Accountants' report
Accountants' report to the board of directors of Coolhut Products Ltd on the preparation of the unaudited statutory accounts for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Coolhut Products Ltd for the year ended 31 July 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Coolhut Products Ltd, as a body, in accordance with the terms of our engagement letter dated 6 July 2023. Our work has been undertaken solely to prepare for your approval the accounts of Coolhut Products Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Coolhut Products Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Coolhut Products Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Coolhut Products Ltd. You consider that Coolhut Products Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Coolhut Products Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE 1 May 2026
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Coolhut Products Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
-
12,488
Creditors: amounts falling due within one year
4
-
(10,689)
Net current assets
-
1,799
Net assets
-
1,799
Capital and reserves
Profit and loss account
-
1,799
Shareholders' funds
-
1,799
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by
Ronald Trevor Campbell Quinn Director Company Registration No. NI698989
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Coolhut Products Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Coolhut Products Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI698989. The registered office is 34 WESLEYDALE, BALLYCLARE, BT39 9WD, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
422
Loans from directors
-
9,907
Accruals
-
360
-
10,689
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Coolhut Products Ltd Notes to the Accounts for the year ended 31 July 2025
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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