Refrigeration (Aberdeen) Limited

Registered number

SC235196

Filleted Accounts

31 December 2025

Refrigeration (Aberdeen) Limited
Registered number:		SC235196
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		15,452			22,339
Investments	4		1,092,022			1,162,328
			1,107,474			1,184,667

Current assets
Stocks		3,920			3,018
Debtors	5	21,508			26,009
Cash at bank and in hand		123,999			51,884
		149,427			80,911

Creditors: amounts falling due within one year	6	(139,457)			(117,088)

Net current assets/(liabilities)			9,970			(36,177)

Total assets less current liabilities			1,117,444			1,148,490


Provisions for liabilities			(50,657)			(40,015)


Net assets			1,066,787			1,108,475

Capital and reserves
Called up share capital			25,100			25,100
Revaluation reserve	7		203,439			152,475
Profit and loss account			838,248			930,900

Shareholders' funds			1,066,787			1,108,475

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Mr B Graham
Director
Approved by the board on 24 August 2026

Refrigeration (Aberdeen) Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% straight line
	Motor Vehicles			20% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2

3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 January 2025			19,520		29,950		49,470
	Additions			902		-		902
	Disposals			(125)		-		(125)
	At 31 December 2025			20,297		29,950		50,247

	Depreciation
	At 1 January 2025			19,019		8,111		27,130
	Charge for the year			302		7,488		7,790
	On disposals			(125)		-		(125)
	At 31 December 2025			19,196		15,599		34,795

	Net book value
	At 31 December 2025			1,101		14,351		15,452
	At 31 December 2024			501		21,839		22,339


4	Investments

Other
investments
£
	Fair value
	At 1 January 2025							1,162,328
	Additions							228,298
	Revaluation							106,419
	Disposals							(405,023)

	At 31 December 2025							1,092,022


5	Debtors					2025		2024
£							£

	Trade debtors					6,961		21,803
	Other debtors					14,547		4,206
						21,508		26,009


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					760		2,894
	Taxation and social security costs					1,011		315
	Other creditors					137,686		113,879
						139,457		117,088


7	Fair value reserve					2025		2024
£							£

	At 1 January 2025					152,475		111,653
	Unrealised gains now realised (net of tax)					(43,500)		586
	Gain/(loss) on revaluation of investments					106,419		49,812
	Deferred taxation arising on the revaluation of investments					(11,955)		(9,576)

	At 31 December 2025					203,439		152,475


8	Loans to/(from) directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr B Graham
	Unsecured interest free loan with no set repayment date	(48,790)		-		(10,512)		(59,302)

	Mrs P Graham
	Unsecured interest free loan with no set repayment date	(63,958)		-		(10,112)		(74,070)

		(112,748)		-		(20,624)		(133,372)



9	Controlling party

	During the current and previous year the company was controlled by the directors Mr B Graham and Mrs P Graham.

10	Other information

	Refrigeration (Aberdeen) Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Hillside
	Inchmarlo
	Banchory
	Aberdeenshire
	Aberdeenshire
11	Security

	The company has provided its bankers, The Bank of Scotland, with a bond and floating charge over the whole of its assets.