REGISTERED NUMBER: 04504791 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Coldstar (UK) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Bryant

REGISTERED OFFICE:

Unit 29

Old Mills Industrial Estate

Paulton

Bristol

Avon

BS39 7SU

REGISTERED NUMBER:

04504791 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

171,260

169,056

171,260

169,056

CURRENT ASSETS

Stocks

6,761

6,289

Debtors

6

423,878

495,362

Cash at bank

184,811

367,062

615,450

868,713

CREDITORS

Amounts falling due within one year

7

(592,976

)

(731,237

)

NET CURRENT ASSETS

22,474

137,476

TOTAL ASSETS LESS CURRENT LIABILITIES

193,734

306,532

CREDITORS

Amounts falling due after more than one year

8

(86,477

)

(117,006

)

PROVISIONS FOR LIABILITIES

(10,983

)

(31,575

)

NET ASSETS

96,274

157,951

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

96,174

157,851

SHAREHOLDERS' FUNDS

96,274

157,951

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 July 2026 and were signed by:

L Bryant - Director

1.	STATUTORY INFORMATION

Coldstar (UK) Ltd 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 2002, is being amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% 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.

Taxation

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.

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

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 9 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

207,500

AMORTISATION

At 1 November 2024

and 31 October 2025

207,500

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 November 2024

27,237

17,033

53,183

Additions

-

-

-

Disposals

-

-

-

At 31 October 2025

27,237

17,033

53,183

DEPRECIATION

At 1 November 2024

-

14,612

38,361

Charge for year

-

605

3,705

Eliminated on disposal

-

-

-

At 31 October 2025

-

15,217

42,066

NET BOOK VALUE

At 31 October 2025

27,237

1,816

11,117

At 31 October 2024

27,237

2,421

14,822

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

207,225

2,337

307,015

Additions

67,912

-

67,912

Disposals

(49,170

)

-

(49,170

)

At 31 October 2025

225,967

2,337

325,757

DEPRECIATION

At 1 November 2024

84,261

725

137,959

Charge for year

43,293

403

48,006

Eliminated on disposal

(31,468

)

-

(31,468

)

At 31 October 2025

96,086

1,128

154,497

NET BOOK VALUE

At 31 October 2025

129,881

1,209

171,260

At 31 October 2024

122,964

1,612

169,056

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

Motor

vehicles

£

COST

At 1 November 2024

147,720

Additions

67,912

Disposals

(23,665

)

At 31 October 2025

191,967

DEPRECIATION

At 1 November 2024

59,438

Charge for year

36,918

Eliminated on disposal

(15,145

)

At 31 October 2025

81,211

NET BOOK VALUE

At 31 October 2025

110,756

At 31 October 2024

88,282

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

411,878

442,593

Amounts owed by group undertakings

12,000

51,644

Prepayments and accrued income

-

1,125

423,878

495,362

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

33,548

24,979

Trade creditors

308,378

360,457

Amounts owed to group undertakings

58,341

145,859

Tax

106,351

99,842

Social security and other taxes

5,869

3,988

VAT

69,911

78,355

Pensions payable

988

917

Directors' current accounts

290

7,290

Accruals and deferred income

9,300

9,550

592,976

731,237

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bounce back loan

11,668

66,638

Hire purchase contracts

74,809

50,368

86,477

117,006

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the director £290 (2024 - £7,290)

10.	RELATED PARTY DISCLOSURES

Coldstar (UK) Holdings Ltd owns the shares in Coldstar (UK) Ltd

£400,000.dividends were declared to the shareholder Coldstar UK Holdings Ltd (2024 - £200,000).

11.	ULTIMATE CONTROLLING PARTY

L Bryant is the Ultimate Controlling Party, by virtue of his majority shareholding in Coldstar (UK) Holdings Ltd