REGISTERED NUMBER: SC742996 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

Atlas Refrigeration Services Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

S J Head

S A Leiper

D Cooper

SECRETARY:

REGISTERED OFFICE:

Pavilion 2

3 Dava Street

Glasgow

G51 2JA

REGISTERED NUMBER:

SC742996 (Scotland)

ACCOUNTANTS:

Burgoyne Carey

Chartered Accountants

Pavilion 2

3 Dava Street

Broomloan Road

Glasgow

G51 2JA

FIXED ASSETS

Tangible assets

4

43,530

-

CURRENT ASSETS

Debtors

5

183,485

254,352

Cash at bank and in hand

167,283

177,682

350,768

432,034

CREDITORS

Amounts falling due within one year

6

175,179

344,397

NET CURRENT ASSETS

175,589

87,637

TOTAL ASSETS LESS CURRENT LIABILITIES

219,119

87,637

CREDITORS

Amounts falling due after more than one year

7

(28,902

)

-

PROVISIONS FOR LIABILITIES

(10,883

)

-

NET ASSETS

179,334

87,637

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

179,234

87,537

SHAREHOLDERS' FUNDS

179,334

87,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 8 July 2026 and were signed on its behalf by:

S J Head - Director

1.	STATUTORY INFORMATION

Atlas Refrigeration Services Limited is a private company, limited by shares , registered in Scotland. 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 represents amounts invoiced during the year net, exclusive of Value Added Tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company makes payments on behalf of employees into a money purchase pension scheme.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

44,490

At 31 August 2025

44,490

DEPRECIATION

Charge for year

960

At 31 August 2025

960

NET BOOK VALUE

At 31 August 2025

43,530

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

44,490

At 31 August 2025

44,490

DEPRECIATION

Charge for year

960

At 31 August 2025

960

NET BOOK VALUE

At 31 August 2025

43,530

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

180,828

254,352

Other debtors

2,657

-

183,485

254,352

Included within trade debtors above are amounts due from related parties of £64,395.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

9,803

-

Trade creditors

101,137

287,426

Taxation and social security

61,639

54,471

Other creditors

2,600

2,500

175,179

344,397

Included in above trade creditors is £36,405 owed to companies controlled by directors of the company.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

28,902

-

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £9,437 were paid to the directors .

Included in turnover are sales to companies controlled by directors of £303,979. The amounts due from those companies are shown in note 6.

During the year the company made purchases of £171,875 on agreed terms from companies controlled by the directors. The amount owed to these companies is shown in note 7.