Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 8 July 2026 1 January 2025 31 December 2025 31 December 2025 13763920 M Sharman R C Young C Macfadyen E Pihl Q Qian Geoclima International SRL false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13763920 2024-12-31 13763920 2025-12-31 13763920 2025-01-01 2025-12-31 13763920 frs-core:CurrentFinancialInstruments 2025-12-31 13763920 frs-core:ComputerEquipment 2025-12-31 13763920 frs-core:ComputerEquipment 2025-01-01 2025-12-31 13763920 frs-core:ComputerEquipment 2024-12-31 13763920 frs-core:ShareCapital 2025-12-31 13763920 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13763920 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13763920 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 13763920 frs-bus:SmallEntities 2025-01-01 2025-12-31 13763920 frs-bus:Audited 2025-01-01 2025-12-31 13763920 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13763920 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 13763920 frs-bus:OrdinaryShareClass1 2025-12-31 13763920 1 2025-01-01 2025-12-31 13763920 frs-core:OtherProvisionsContingentLiabilities 2025-01-01 2025-12-31 13763920 frs-core:OtherProvisionsContingentLiabilities 2024-12-31 13763920 frs-core:OtherProvisionsContingentLiabilities 2025-12-31 13763920 frs-core:UnlistedNon-exchangeTraded 2025-12-31 13763920 frs-core:UnlistedNon-exchangeTraded 2024-12-31 13763920 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 13763920 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 13763920 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 13763920 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 13763920 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 13763920 frs-bus:Director1 2025-01-01 2025-12-31 13763920 frs-bus:Director2 2025-01-01 2025-12-31 13763920 frs-bus:Director3 2025-01-01 2025-12-31 13763920 frs-bus:Director4 2025-01-01 2025-12-31 13763920 frs-bus:Director5 2025-01-01 2025-12-31 13763920 frs-countries:EnglandWales 2025-01-01 2025-12-31 13763920 2023-12-31 13763920 2024-12-31 13763920 2024-01-01 2024-12-31 13763920 frs-core:CurrentFinancialInstruments 2024-12-31 13763920 frs-core:ShareCapital 2024-12-31 13763920 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13763920 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31
Registered number: 13763920
Geoclima HVAC UK Ltd
Financial Statements
For The Year Ended 31 December 2025
Geoclima HVAC UK Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Geoclima HVAC UK Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 13763920

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,309 |  | 1,745
Investments | 5 |  | 115 |  | -
|  |  | 1,424 |  | 1,745
CURRENT ASSETS
Debtors | 6 | 369,949 |  | 525,108 |
Cash at bank and in hand |  | 930,795 |  | 447,575 |
|  | 1,300,744 |  | 972,683 |
Creditors: Amounts Falling Due Within One Year | 7 | (749,413 ) |  | (444,225 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 551,331 |  | 528,458
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 552,755 |  | 530,203
PROVISIONS FOR LIABILITIES
Provisions For Charges | 8 |  | (6,000 ) |  | (20,000 )
NET ASSETS |  |  | 546,755 |  | 510,203
CAPITAL AND RESERVES
Called up share capital | 9 |  | 200 |  | 200
Profit and Loss Account |  |  | 546,555 |  | 510,003
SHAREHOLDERS' FUNDS |  |  | 546,755 |  | 510,203

Page 1
Page 2
Geoclima HVAC UK Ltd
Balance Sheet (continued)
As At 31 December 2025
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

R C Young Director
8 July 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Geoclima HVAC UK Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Geoclima HVAC UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13763920 .
The registered office is Suite G04 1 Quality Court, Chancery Lane, London, WC2A 1HR.
The principal place of business is The Barn, Little Common, North Bradley, Trowbridge, BA14 0TX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are presented in sterling and rounded to the nearest £1.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment | 5 years

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Geoclima HVAC UK Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.4. Financial Instruments
Debtors
Short term debtors are measured at transaction price which is usually the invoice price, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price which is usually the invoice price.
Provisions
Provisions are measured at transaction price which is usually the invoice price.
2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Fixed asset investment
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
2.9. Registrar Filing Requirements
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 4
Page 5
Geoclima HVAC UK Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 January 2025 | 2,181
As at 31 December 2025 | 2,181
Depreciation
As at 1 January 2025 | 436
Provided during the period | 436
As at 31 December 2025 | 872
Net Book Value
As at 31 December 2025 | 1,309
As at 1 January 2025 | 1,745

5. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | -
Additions | 115
As at 31 December 2025 | 115
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 115
As at 1 January 2025 | -

Investments in subsidiaries represents 50 ordinary shares (0.05% of share capital) in Geoclima Asia Company Ltd, a company registered at 42/1 Moo 8, Bowin Subdistrict, Sriracha District, Chonburi Province 20230, Thailand. The principal activity of this company is the manufacture of domestic electric appliances.
Page 5
Page 6
Geoclima HVAC UK Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 369,949 |  | 525,108

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 68,759 |  | 7,719
Taxation and social security | 201,101 |  | 330,237
Accruals and deferred income | 349,230 |  | 49,338
Amounts owed to related parties | 130,323 |  | 56,931
| 749,413 |  | 444,225

8. Provisions for Liabilities

| Other Provisions | Total
--- | --- | ---
| £ | £
As at 1 January 2025 | 20,000 | 20,000
Utilised | (3,842 ) | (3,842)
Reversals | (10,158 ) | (10,158)
Balance at 31 December 2025 | 6,000 | 6,000

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
200 Ordinary Shares of £ 1.00 each | 200 |  | 200

10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
Page 6
Page 7
Geoclima HVAC UK Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
11. Controlling Party
The company's immediate parent undertaking is Geoclima International SRL , a company incorporated in Italy.
The ultimate parent undertaking is Munters Group AB, incorporated in Sweden. Its registered office is Borgarfjordsgatan 16 164 40 Kista, Sweden.
These financial statements are consolidated in the financial statements of Geoclima International SRL.
The financial statements of Geoclima International SRL may be obtained from Via Dell’industria, 12 – 34077
Ronchi dei Legionari (GO) Italy.
12. Audit Information
The auditor's report on the accounts of Geoclima HVAC UK Ltd for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by David Alan Oakensen FCA (Senior Statutory Auditor) for and on behalf of Oakensen (Bristol) Limited , Statutory Auditor.

Oakensen (Bristol) Limited Westbury Court Church Road Westbury-on-Trym Bristol BS9 3EF

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