REGISTERED NUMBER: 10501004 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

NORTHERN REFRIGERATION COMPANY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R B Harrison

A Harrison

REGISTERED OFFICE:

13 Derwent Drive

Littleborough

OL15 0BT

REGISTERED NUMBER:

10501004 (England and Wales)

ACCOUNTANTS:

TC Group

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

4

124,920

127,218

Investments

5

1,774

-

126,694

127,218

CURRENT ASSETS

Debtors

206,803

186,795

Cash at bank

35,049

44,184

241,852

230,979

CREDITORS

Amounts falling due within one year

74,915

64,234

NET CURRENT ASSETS

166,937

166,745

TOTAL ASSETS LESS CURRENT LIABILITIES

293,631

293,963

CREDITORS

Amounts falling due after more than one year

(53,538

)

(56,829

)

PROVISIONS FOR LIABILITIES

(31,731

)

(31,805

)

NET ASSETS

208,362

205,329

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

208,262

205,229

SHAREHOLDERS' FUNDS

208,362

205,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by:

A Harrison - Director

1.	STATUTORY INFORMATION

Northern Refrigeration Company 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 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 6 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

215,252

Additions

34,450

Disposals

(31,245

)

At 30 November 2025

218,457

DEPRECIATION

At 1 December 2024

88,034

Charge for year

32,077

Eliminated on disposal

(26,574

)

At 30 November 2025

93,537

NET BOOK VALUE

At 30 November 2025

124,920

At 30 November 2024

127,218

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

Totals

£

COST

At 1 December 2024

141,357

Additions

34,450

Transfer to ownership

(32,075

)

At 30 November 2025

143,732

DEPRECIATION

At 1 December 2024

35,473

Charge for year

22,984

Transfer to ownership

(14,033

)

At 30 November 2025

44,424

NET BOOK VALUE

At 30 November 2025

99,308

At 30 November 2024

105,884

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

1,774

At 30 November 2025

1,774

NET BOOK VALUE

At 30 November 2025

1,774

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

73,368

69,845

Hire purchase creditors are secured on the assets to which they relate.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

R B Harrison

Balance outstanding at start of year

115,047

105,593

Amounts advanced

114,868

115,047

Amounts repaid

(115,047

)

(105,593

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

114,868

115,047

The directors loan accounts were repaid on 1 December 2025.