REGISTERED NUMBER: 07419927 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Allcool (N.W.) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Talarczyk

J Lundin

R Coutts

REGISTERED OFFICE:

17 St. Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

07419927 (England and Wales)

AUDITORS:

Krogh & Partners Limited, (Statutory Auditor)

823 Salisbury House

29 Finsbury Circus

London

EC2M 5QQ

FIXED ASSETS

Intangible assets

4

68,750

82,500

Tangible assets

5

190,522

236,222

259,272

318,722

CURRENT ASSETS

Stocks

85,332

57,654

Debtors

6

482,793

534,515

Cash at bank

954,216

593,146

1,522,341

1,185,315

CREDITORS

Amounts falling due within one year

7

619,060

606,014

NET CURRENT ASSETS

903,281

579,301

TOTAL ASSETS LESS CURRENT LIABILITIES

1,162,553

898,023

CREDITORS

Amounts falling due after more than one year

8

(27,601

)

(55,085

)

PROVISIONS FOR LIABILITIES

(37,979

)

(49,390

)

NET ASSETS

1,096,973

793,548

CAPITAL AND RESERVES

Called up share capital

10

100

100

Share premium

275,000

275,000

Retained earnings

821,873

518,448

SHAREHOLDERS' FUNDS

1,096,973

793,548

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 30 June 2026 and were signed on its behalf by:

R Coutts - Director

P J Talarczyk - Director

1.	STATUTORY INFORMATION

Allcool (N.W.) 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover from the sale of goods for resale is recognised in the income statement when delivery is made and risk has passed to the buyer. Turnover is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed.

Cost of sales

Cost of sales comprises goods consumed in the financial year measured at cost, adjusted for ordinary inventory writedowns.

Administrative expenses

Administrative expenses include expenses relating to the Entity's ordinary activities, including expenses for

premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of debtors recognised in current assets.

Staff costs

Staff costs comprise wages and salaries, and social security contributions, pension contributions, etc. for entity staff.

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.

Foreign currencies

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 of exchange ruling at the date of transaction.

Financial instruments

The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Tangible assets are stated at cost, net of depreciation and any provision for impairment.

Depreciation on fixed assets is provided at rates estimated to write off the cost amounts, less estimated residual value, of each asset over its expected useful life as follows:

Improvement to property

not provided

Plant and machinery

10% on cost

Fixtures and fittings

Over the remaining period of the lease

Motor vehicles

25% of reducing balances

Computer equipment

20% on cost

Stocks

Stocks are measured at the lower of cost and net realisable value. Cost consists of purchase price plus delivery cost. The net realisable value of stocks is calculated as the estimated selling price less costs incurred to execute sale.

Debtors

Debtors are valued individually and there are made provision according to this valuation.

Cash at bank

Cash at bank include deposits held at call with banks.

Creditors

Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortised cost.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2024 - 38 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

275,000

AMORTISATION

At 1 January 2025

192,500

Charge for year

13,750

At 31 December 2025

206,250

NET BOOK VALUE

At 31 December 2025

68,750

At 31 December 2024

82,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

603,993

Additions

9,700

Disposals

(41,080

)

At 31 December 2025

572,613

DEPRECIATION

At 1 January 2025

367,771

Charge for year

51,725

Eliminated on disposal

(37,405

)

At 31 December 2025

382,091

NET BOOK VALUE

At 31 December 2025

190,522

At 31 December 2024

236,222

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

(Unaudited)

£

£

Trade debtors

389,141

504,826

Other debtors

61,790

-

Prepayments

31,862

29,689

482,793

534,515

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

(Unaudited)

£

£

Hire purchase contracts (see note 9)

27,484

40,764

Trade creditors

168,205

245,239

Tax

132,992

71,389

Social security and other taxes

37,616

29,720

VAT

68,612

24,043

Other creditors

961

519

Directors' current accounts

-

24

Accruals and deferred income

183,190

194,316

619,060

606,014

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

(Unaudited)

£

£

Hire purchase contracts (see note 9)

27,601

55,085

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.25

31.12.24

(Unaudited

£

£

Net obligations repayable:

Within one year

27,484

40,764

Between one and five years

27,601

55,085

55,085

95,849

At 31 December 2025, the company had total commitments under non-cancellable operating leases of £100,000 (31 December 2024 - £130,000).

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

84

Ordinary

1

84

84

8

A

1

8

8

8

B

1

8

8

100

100

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Other matter

In forming our opinion on the financial statement, which is unqualified, we have considered the adequacy of the disclosure made in the Report of the Directors to the financial statements concerning the corresponding figures are unaudited. In view of the significance of this matter, we consider that it should be drawn to your attention.

John Lindegaard (Senior Statutory Auditor)

for and on behalf of Krogh & Partners Limited, (Statutory Auditor)

12.	POST BALANCE SHEET EVENTS

The company has after year end entered into group financing arrangement as a guarantor for NCG Group AB. In connection with this arrangement, the company granted a pledge over for its shares as security for the guaranteed obligation.

13.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Nordic Climate Group UK Limited

Perfect Climate Holding Europe AB (incorporated in Sweden) is the smallest group to consolidate these financial statements and copies can be obtained from:

Perfect Climate Holding Europe AB

Svärdvägen 21

182 33 Danderyd

Sweden