REGISTERED NUMBER: 02331935 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Air Conditioning Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Kerfoot

SECRETARY:

C Kerfoot

REGISTERED OFFICE:

46-48 Long Street

Middleton

Manchester

M24 6UQ

REGISTERED NUMBER:

02331935 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Property, plant and equipment

4

39,982

47,914

CURRENT ASSETS

Inventories

5,000

5,000

Debtors

5

903,904

1,118,893

Cash at bank

72,752

146,977

981,656

1,270,870

CREDITORS

Amounts falling due within one year

6

718,349

765,854

NET CURRENT ASSETS

263,307

505,016

TOTAL ASSETS LESS CURRENT LIABILITIES

303,289

552,930

CREDITORS

Amounts falling due after more than one year

7

(1,829

)

(13,036

)

PROVISIONS FOR LIABILITIES

(1,721

)

(5,398

)

NET ASSETS

299,739

534,496

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

299,639

534,396

299,739

534,496

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 September 2026 and were signed by:

C Kerfoot - Director

1.	STATUTORY INFORMATION

Air Conditioning Design 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

Revenue 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Inventories 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 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

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.

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 13 (2024 - 13 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

39,298

4,991

128,511

57,545

230,345

Additions

-

-

19,416

4,657

24,073

Disposals

-

-

(25,122

)

-

(25,122

)

At 31 December 2025

39,298

4,991

122,805

62,202

229,296

DEPRECIATION

At 1 January 2025

32,810

3,793

95,814

50,014

182,431

Charge for year

973

180

10,024

6,697

17,874

Eliminated on disposal

-

-

(10,991

)

-

(10,991

)

At 31 December 2025

33,783

3,973

94,847

56,711

189,314

NET BOOK VALUE

At 31 December 2025

5,515

1,018

27,958

5,491

39,982

At 31 December 2024

6,488

1,198

32,697

7,531

47,914

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

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

19,995

DEPRECIATION

At 1 January 2025

13,657

Charge for year

2,113

At 31 December 2025

15,770

NET BOOK VALUE

At 31 December 2025

4,225

At 31 December 2024

6,338

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

728,715

919,812

Amounts recoverable on contract

118,440

193,208

Other debtors

52,765

5,873

Tax

3,984

-

903,904

1,118,893

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

18,101

19,198

Hire purchase contracts

1,293

1,970

Trade creditors

660,225

642,575

Tax

-

53,345

Social security and other taxes

29,480

24,229

Pensions

2,602

2,284

VAT

-

16,285

Accrued expenses

6,648

5,968

718,349

765,854

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 1-2 years

1,829

10,554

Bank loans - 2-5 years

-

1,785

Hire purchase contracts

-

697

1,829

13,036

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

1,293

2,667

On 1 March 2024 the company granted a fixed and floating charge, containing a negative pledge, over all the property or undertaking of the company in favour of the directors Mr C Kerfoot and Mr D Haworth (deceased) and their spouses, Mrs A Haworth and Mrs C Kerfoot..

9.	ULTIMATE CONTROLLING PARTY