IT Thermal Management Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 16286202

		31 March 2026
	Notes	£	£
FIXED ASSETS
Investments	4		1,600,000

			1,600,000
CURRENT ASSETS
Cash at bank and in hand		2,600

		2,600
Creditors: Amounts Falling Due Within One Year	5	(160,000 )

NET CURRENT ASSETS (LIABILITIES)			(157,400 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,442,600

Creditors: Amounts Falling Due After More Than One Year	6		(1,243,086 )

NET ASSETS			199,514

CAPITAL AND RESERVES
Called up share capital	7		100
Income Statement			199,414

SHAREHOLDERS' FUNDS			199,514

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IT Thermal Management Limited

Statement of Financial Position (continued)

As At 31 March 2026

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Paul Rishworth

Director

17 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

IT Thermal Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16286202 . The registered office is 150 Main Street, Addingham, Ilkley, West Yorkshire, LS29 0LY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorized for issue.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3

4. Investments

	Unlisted
	£
Cost or Valuation
As at 3 March 2025	-
Additions	1,600,000

As at 31 March 2026	1,600,000

Provision
As at 3 March 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	1,600,000

As at 3 March 2025	-

5. Creditors: Amounts Falling Due Within One Year

	31 March 2026
	£
Other creditors	160,000

6. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026
	£
Amounts owed to group undertakings	242,746
Other creditors	1,000,340

	1,243,086

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IT Thermal Management Limited

Notes to the Financial Statements (continued)

For the Period 3 March 2025 to 31 March 2026

7. Share Capital

	31 March 2026
	£
Allotted, Called up and fully paid	100

8. Related Party Transactions

Creditors include the following amounts due to group companies:

Advanced Power Technology Ltd £242,746

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