REGISTERED NUMBER: 03907391 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

COOLPOINT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T E Bharat

N Bharat

P A Mayhew

I A Shah

D M Shah

SECRETARY:

I A Shah

REGISTERED OFFICE:

Bridge Road North

Redwither Industrial Estate

Wrexham

LL13 9PS

REGISTERED NUMBER:

03907391 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

10 Nicholas Street

Chester

CH1 2NX

BANKERS:

Lloyds Bank plc

28, Regent Street

Wrexham

LL11 1SE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

816,455

833,416

816,455

833,416

CURRENT ASSETS

Stocks

6

73,911

78,371

Debtors

7

158,164

120,329

Cash at bank and in hand

841,447

779,970

1,073,522

978,670

CREDITORS

Amounts falling due within one year

8

306,317

278,968

NET CURRENT ASSETS

767,205

699,702

TOTAL ASSETS LESS CURRENT LIABILITIES

1,583,660

1,533,118

PROVISIONS FOR LIABILITIES

9

2,973

4,227

NET ASSETS

1,580,687

1,528,891

CAPITAL AND RESERVES

Called up share capital

186,000

186,000

Share premium

10

130,000

130,000

Retained earnings

10

1,264,687

1,212,891

SHAREHOLDERS' FUNDS

1,580,687

1,528,891

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 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 4th September 2026 and were signed on its behalf by:

I A Shah - Director

1.	STATUTORY INFORMATION

Coolpoint 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software are being amortised evenly over their estimated useful life of two years.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

at variable rates on reducing balance

Motor vehicles

-

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 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

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 12 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2025

and 31st December 2025

8,359

AMORTISATION

At 1st January 2025

and 31st December 2025

8,359

NET BOOK VALUE

At 31st December 2025

-

At 31st December 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1st January 2025

866,022

158,443

61,980

1,086,445

Additions

-

5,984

-

5,984

At 31st December 2025

866,022

164,427

61,980

1,092,429

DEPRECIATION

At 1st January 2025

104,278

126,438

22,313

253,029

Charge for year

8,660

6,352

7,933

22,945

At 31st December 2025

112,938

132,790

30,246

275,974

NET BOOK VALUE

At 31st December 2025

753,084

31,637

31,734

816,455

At 31st December 2024

761,744

32,005

39,667

833,416

Included in cost of land and buildings is freehold land of £ 433,011 (2024 - £ 433,011 ) which is not depreciated.

6.

STOCKS

31.12.25

31.12.24

£

£

Stocks

73,911

78,371

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

144,569

107,184

Prepayments and accrued income

13,595

13,145

158,164

120,329

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

47,371

33,093

Tax

18,274

10,312

Social security and other taxes

47,357

15,753

VAT

13,627

35,746

Other creditors

97,670

97,670

Wages control account

-

242

Directors' current accounts

12,672

12,297

Accrued expenses

69,346

73,855

306,317

278,968

9.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Accelerated capital allowances

2,973

4,227

Deferred

tax

£

Balance at 1st January 2025

4,227

Changes in tax rates

Changes in tax allowances

(1,254

)

Balance at 31st December 2025

2,973

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1st January 2025

1,212,891

130,000

1,342,891

Profit for the year

51,796

51,796

At 31st December 2025

1,264,687

130,000

1,394,687

11.	RELATED PARTY DISCLOSURES

At 31st December 2025 the company owed £97,670 (2024: £97,670 to Lee Fat, a shareholder. No interest has been charged in respect of the loan which is repayable on demand and is included in creditors due within one year.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I A Shah.