REGISTERED NUMBER: 01785589 (England and Wales)

Unaudited Financial Statements For The Year Ended 28 February 2026

for

Compressors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Simon Gallacher

Mrs Julie Gallacher

SECRETARY:

Mrs Julie Gallacher

REGISTERED OFFICE:

145

Nottingham Road

Alfreton

Derbyshire

DE5 7FL

REGISTERED NUMBER:

01785589 (England and Wales)

ACCOUNTANTS:

Pedley & Co.

82 Nottingham Road

Somercotes

Alfreton

Derbyshire

DE55 4LY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

214,081

174,462

214,081

174,462

CURRENT ASSETS

Stocks

72,000

54,000

Debtors

6

200,820

161,107

Prepayments and accrued income

400

-

Cash at bank

135,254

100,110

408,474

315,217

CREDITORS

Amounts falling due within one year

7

295,063

233,596

NET CURRENT ASSETS

113,411

81,621

TOTAL ASSETS LESS CURRENT LIABILITIES

327,492

256,083

CREDITORS

Amounts falling due after more than one year

8

17,272

-

NET ASSETS

310,220

256,083

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

310,218

256,081

SHAREHOLDERS' FUNDS

310,220

256,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

Mrs Julie Gallacher - Director

1.	STATUTORY INFORMATION

Compressors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

57,500

AMORTISATION

At 1 March 2025

and 28 February 2026

57,500

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 March 2025

124,816

23,772

23,576

157,682

329,846

Additions

-

5,988

1,872

73,155

81,015

At 28 February 2026

124,816

29,760

25,448

230,837

410,861

DEPRECIATION

At 1 March 2025

-

23,283

22,656

109,445

155,384

Charge for year

-

1,619

710

39,067

41,396

At 28 February 2026

-

24,902

23,366

148,512

196,780

NET BOOK VALUE

At 28 February 2026

124,816

4,858

2,082

82,325

214,081

At 28 February 2025

124,816

489

920

48,237

174,462

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

200,820

161,107

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

273,021

179,479

Taxation and social security

18,056

53,979

Other creditors

3,986

138

295,063

233,596

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

17,272

-