Company No: 04687634 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr I Billington (Appointed 01 November 2025)
	John Paul Billington (Resigned 31 October 2025)
	Mr D R Bond

REGISTERED OFFICE	Carlyle House
	78 Chorley New Road
	Bolton
	BL1 4BY
	United Kingdom

COMPANY NUMBER

04687634 (England and Wales)

ACCOUNTANT	AAB
	Carlyle House
	78 Chorley New Road
	Bolton

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	124,635		140,668
		124,635		140,668
Current assets
Stocks	4	30,000		30,000
Debtors	5	233,907		317,351
Cash at bank and in hand	6	224,948		188,887
		488,855		536,238
Creditors: amounts falling due within one year	7	( 447,263)		( 431,526)
Net current assets		41,592		104,712
Total assets less current liabilities		166,227		245,380
Creditors: amounts falling due after more than one year	8	( 20,486)		( 35,530)
Provision for liabilities	9, 10	( 31,159)		( 33,071)
Net assets		114,582		176,779
Capital and reserves
Called-up share capital	11	4		5
Capital redemption reserve		2		1
Profit and loss account		114,576		176,773
Total shareholders' funds		114,582		176,779

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Kool Planet Limited (registered number: 04687634) were approved and authorised for issue by the Board of Directors on 07 September 2026. They were signed on its behalf by:

Mr D R Bond Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kool Planet Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Carlyle House, 78 Chorley New Road, Bolton, BL1 4BY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts received or receivable for goods and services provided during the year excluding value added tax.

Revenue from sale of goods and services for the provision of professional services is recognised by reference to the stage of completion. When the stage of completion, costs incurred and costs to complete of the installation or repairs of air-conditioning units can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Defined contribution schemes
The pensions costs charged in the financial statements represent the contribution payable by the company during the year.

Taxation

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax liabilities are generally recognised for all timing differences. Such liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery	4 years straight line
Vehicles	4 years straight line
Fixtures and fittings	4 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	15		14

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 April 2025	19,850		258,673		4,871		283,394
Additions	4,852		30,697		0		35,549
Disposals	0		( 17,995)		0		( 17,995)
At 31 March 2026	24,702		271,375		4,871		300,948
Accumulated depreciation
At 01 April 2025	15,406		122,449		4,871		142,726
Charge for the financial year	2,442		49,140		0		51,582
Disposals	0		( 17,995)		0		( 17,995)
At 31 March 2026	17,848		153,594		4,871		176,313
Net book value
At 31 March 2026	6,854		117,781		0		124,635
At 31 March 2025	4,444		136,224		0		140,668

4. Stocks

	2026		2025
	£		£
Stocks	30,000		30,000

5. Debtors

	2026		2025
	£		£
Trade debtors	215,661		296,155
Other debtors	18,246		21,196
	233,907		317,351

6. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	224,948		188,887

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	115,543		88,690
Taxation and social security	134,996		110,332
Obligations under finance leases and hire purchase contracts	15,043		15,223
Other creditors	181,681		217,281
	447,263		431,526

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Obligations under finance leases and hire purchase contracts	20,486		35,530

There are no amounts included above in respect of which any security has been given by the small entity.

9. Provision for liabilities

	2026		2025
	£		£
Deferred tax	31,159		33,071

10. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 33,071)		( 17,403)
Credited/(charged) to the Profit and Loss Account	1,913		( 15,668)
Rounding	( 1)		0
At the end of financial year	( 31,159)		( 33,071)

11. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
1 Ordinary A share of £ 1.00	1		1
3 Ordinary B shares of £ 1.00 each (2025: 4 shares of £ 1.00 each)	3		4
	4		5