REGISTERED NUMBER: 04668997 (England and Wales)

John Todd Refrigeration Limited

Unaudited Financial Statements for the Year Ended 30 April 2026

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTORS:

Mr John Todd

Mrs Julia Louise Terrill

Mr Andrew Way

REGISTERED OFFICE:

4 Harrier Court

Wescott Lane

Exeter Airport

Exeter

Devon

EX5 2DR

REGISTERED NUMBER:

04668997 (England and Wales)

ACCOUNTANTS:

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of John Todd Refrigeration Limited for the year ended 30 April 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of John Todd Refrigeration Limited, as a body, in accordance with the terms of our engagement letter dated 14 January 2025. Our work has been undertaken solely to prepare for your approval the financial statements of John Todd Refrigeration Limited and state those matters that we have agreed to state to the Board of Directors of John Todd Refrigeration Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than John Todd Refrigeration Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that John Todd Refrigeration Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of John Todd Refrigeration Limited. You consider that John Todd Refrigeration Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of John Todd Refrigeration Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

Date: .............................................

FIXED ASSETS

Tangible assets

4

186,058

260,587

CURRENT ASSETS

Stocks

115,271

105,755

Debts

Debts factored without recourse

(308,415

)

(33,969

)

5

(308,415

)

(33,969

)

Debtors

5

704,412

645,659

Cash at bank

124,174

12,775

635,442

730,220

CREDITORS

Amounts falling due within one year

6

476,880

426,467

NET CURRENT ASSETS

158,562

303,753

TOTAL ASSETS LESS CURRENT LIABILITIES

344,620

564,340

CREDITORS

Amounts falling due after more than one year

7

(71,132

)

(119,327

)

PROVISIONS FOR LIABILITIES

(32,552

)

(45,986

)

NET ASSETS

240,936

399,027

CAPITAL AND RESERVES

Called up share capital

11,560

11,560

Share premium

48,000

48,000

Retained earnings

181,376

339,467

SHAREHOLDERS' FUNDS

240,936

399,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

Mrs Julia Louise Terrill - Director

1.	STATUTORY INFORMATION

John Todd Refrigeration 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 represents sales of goods and services which is recognised as the company obtains the right to consideration.

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 and in accordance with the lease term

Motor vehicles

-

25% on reducing balance and in accordance with the lease term

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 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 33 (2025 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2025

72,859

586,481

659,340

Additions

10,123

35,405

45,528

Disposals

(12,716

)

(153,427

)

(166,143

)

At 30 April 2026

70,266

468,459

538,725

DEPRECIATION

At 1 May 2025

49,548

349,205

398,753

Charge for year

9,564

67,946

77,510

Eliminated on disposal

(10,008

)

(113,588

)

(123,596

)

At 30 April 2026

49,104

303,563

352,667

NET BOOK VALUE

At 30 April 2026

21,162

164,896

186,058

At 30 April 2025

23,311

237,276

260,587

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

Motor

vehicles

£

COST

At 1 May 2025

438,721

Additions

33,540

Disposals

(63,617

)

Transfer to ownership

(57,890

)

At 30 April 2026

350,754

DEPRECIATION

At 1 May 2025

230,873

Charge for year

50,775

Eliminated on disposal

(31,786

)

Transfer to ownership

(39,573

)

At 30 April 2026

210,289

NET BOOK VALUE

At 30 April 2026

140,465

At 30 April 2025

207,848

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

678,963

547,725

Other debtors

600

57,997

Accrued income

-

10,292

Prepayments

24,849

29,645

704,412

645,659

Linked presentation:

The directors hereby state that the entity is not obliged to support any losses, nor does it intend to do so.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

53,034

74,048

Trade creditors

250,400

167,789

Social security and other taxes

44,875

44,986

VAT

111,651

99,743

Other creditors

3,600

9,612

Deferred income

-

27,353

Accrued expenses

13,320

2,936

476,880

426,467

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

71,132

119,327

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is JTR Holdings Limited.