REGISTERED NUMBER: 05825107 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Industrial Refrigeration Services

(Northern) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Kirk

A G Moore

SECRETARY:

REGISTERED OFFICE:

26 Strickland Street

Kingston upon Hull

East Yorkshire

HU3 4AQ

REGISTERED NUMBER:

05825107 (England and Wales)

ACCOUNTANTS:

Andrew Cooper & Company

Chartered Accountants

650 Anlaby Road

Kingston upon Hull

East Yorkshire

HU3 6UU

FIXED ASSETS

Tangible assets

4

316,800

341,828

Investment property

5

2,051,134

1,722,176

2,367,934

2,064,004

CURRENT ASSETS

Stocks

26,800

18,600

Debtors

6

869,765

776,554

Cash at bank and in hand

262,084

272,989

1,158,649

1,068,143

CREDITORS

Amounts falling due within one year

7

509,508

276,631

NET CURRENT ASSETS

649,141

791,512

TOTAL ASSETS LESS CURRENT LIABILITIES

3,017,075

2,855,516

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

3,016,875

2,855,316

SHAREHOLDERS' FUNDS

3,017,075

2,855,516

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 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 28 June 2026 and were signed on its behalf by:

J D Kirk - Director

A G Moore - Director

1.	STATUTORY INFORMATION

Industrial Refrigeration Services (Northern) 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.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost and 10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 14 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

24,150

514,233

538,383

Additions

-

96,890

96,890

Disposals

-

(67,299

)

(67,299

)

At 31 October 2025

24,150

543,824

567,974

DEPRECIATION

At 1 November 2024

10,863

185,692

196,555

Charge for year

1,207

92,291

93,498

Eliminated on disposal

-

(38,879

)

(38,879

)

At 31 October 2025

12,070

239,104

251,174

NET BOOK VALUE

At 31 October 2025

12,080

304,720

316,800

At 31 October 2024

13,287

328,541

341,828

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

1,722,176

Additions

328,958

At 31 October 2025

2,051,134

NET BOOK VALUE

At 31 October 2025

2,051,134

At 31 October 2024

1,722,176

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

349,883

363,128

Amounts owed by group undertakings

484,370

369,370

Other debtors

35,512

44,056

869,765

776,554

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Payments on account

258,000

-

Trade creditors

92,314

100,793

Taxation and social security

155,194

171,838

Other creditors

4,000

4,000

509,508

276,631

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is AG Moore & JD Kirk.