| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28th February 2026 |
| for |
| Just Air Conditioning Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28th February 2026 |
| for |
| Just Air Conditioning Limited |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Contents of the Financial Statements |
| for the Year Ended 28th February 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Just Air Conditioning Limited |
| Company Information |
| for the Year Ended 28th February 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Woodlands Grange |
| Woodlands Lane |
| Bradley Stoke |
| Bristol |
| United Kingdom |
| BS32 4JY |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Balance Sheet |
| 28th February 2026 |
| 28.2.26 | 28.2.25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank | 6 |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Capital redemption reserve | 12 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director and authorised for issue on |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Notes to the Financial Statements |
| for the Year Ended 28th February 2026 |
| 1. | STATUTORY INFORMATION |
| Just Air Conditioning Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are presented in Pound Sterling (£), which is the company's functional and presentation currency. |
| Critical accounting judgements and key sources of estimation uncertainty |
| In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities. These estimates are based on historical experience and other factors considered to be relevant and reasonable under the circumstances. Actual results may differ from these estimates. |
| The key areas of judgement and estimation uncertainty are as follows: |
| Recoverability of debtors and contract balances |
| Estimates are made in assessing the recoverability of trade debtors and amounts recoverable on long-term contracts, taking into account customer credit risk, contractual terms and expected contract outcomes. |
| Useful economic lives of tangible fixed assets |
| The annual depreciation charge depends on the estimated useful lives of tangible fixed assets. These are based on historical experience and consideration of future expected usage and technological developments. A change in useful lives would affect the depreciation charge and the carrying value of assets. |
| Turnover |
| Turnover represents the fair value of consideration receivable for the installation, servicing, maintenance and repair of air conditioning systems, net of VAT and trade discounts. Revenue is recognised when control of the goods or services has transferred to the customer and the company has fulfilled its contractual obligations. Turnover from installation contracts is recognised upon completion of the work, while service and maintenance income is recognised in the period in which the services are provided. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'. Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument. |
| Basic financial assets |
| Short-term debtors are measured at transaction price, less any impairment. Loans receivable are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method, less any impairment. |
| Basic financial liabilities |
| Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method. |
| 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. |
| Going concern |
| The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position and are satisfied that it will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1st March 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 28th February 2026 |
| DEPRECIATION |
| At 1st March 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28th February 2026 |
| NET BOOK VALUE |
| At 28th February 2026 |
| At 28th February 2025 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| At 1st March 2025 |
| Disposals | ( |
) |
| At 28th February 2026 |
| DEPRECIATION |
| At 1st March 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 28th February 2026 |
| NET BOOK VALUE |
| At 28th February 2026 |
| At 28th February 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Tax |
| VAT |
| Prepayments |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2026 |
| 6. | CASH AT BANK |
| Cash and cash equivalents consist solely of balances held in the Company's bank accounts. The Company does not hold any short-term investments and does not operate an overdraft facility. |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Hire purchase contracts (see note 9) |
| Trade creditors |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 2,108 | 1,560 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Hire purchase contracts (see note 9) |
| 9. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase |
| contracts |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable |
| operating leases |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Within one year |
| Between one and five years |
| 10. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Hire purchase | - | 5,865 |
| Just Air Conditioning Limited (Registered number: 07086336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2026 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.26 | 28.2.25 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| 12. | RESERVES |
| Capital |
| Retained | redemption |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1st March 2025 | 131,873 |
| Deficit for the year | ( |
) | ( |
) |
| Dividends | ( |
) | ( |
) |
| At 28th February 2026 | 69,691 |
| 13. | CONTINGENT LIABILITIES |
| The company had no contingent liabilities at the balance sheet date. |
| 14. | RELATED PARTY DISCLOSURES |
| During the year, the company entered into the following transactions with related parties: |
| Director’s loan account: At the year end, the company owed £2,108 (2025: £1,560) to the director. The balance is unsecured, interest-free and repayable on demand. |
| 15. | POST BALANCE SHEET EVENTS |
| There have been no material events after the balance sheet date requiring disclosure or adjustment to the financial statements. |