COOL ON THE INSIDE LTD


Directors	JOWITT, Matai
	JOWITT, Rachael Emily


Registered Address	Greenwood Accountancy 5-7 Pellew Arcade
	Teign Street
	Teignmouth
	TQ14 8EB


Registered Number	16275118 (England and Wales)

Statement of Financial Position
28 February 2026

	Notes	2026
		£	£
Fixed assets
Tangible assets	3		12,200
			12,200
Current assets
Debtors	4	6,467
Cash at bank and on hand		468
		6,935
Creditors amounts falling due within one year	5	(18,862)
Net current assets (liabilities)			(11,927)
Total assets less current liabilities			273
Creditors amounts falling due after one year	6		(6,240)
Net assets			(5,967)
Capital and reserves
Called up share capital			1
Profit and loss account			(5,968)
Shareholders' funds			(5,967)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 September 2026, and are signed on its behalf by:

JOWITT, Matai
Director

JOWITT, Rachael Emily
Director

Registered Company No. 16275118

COOL ON THE INSIDE LTD

Notes to the Financial Statements
for the period ended 28 February 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	25
	Vehicles	25

2.	Average number of employees


		2026
	Average number of employees during the year	2

3.	Tangible fixed assets

	Land & buildings	Vehicles	Total
	£	£	£
Cost or valuation
Additions	4,690	8,995	13,685
At 28 February 26	4,690	8,995	13,685
Depreciation and impairment
Charge for year	548	937	1,485
At 28 February 26	548	937	1,485
Net book value
At 28 February 26	4,142	8,058	12,200
At 24 February 25	-	-	-

4.	Debtors: amounts due within one year

		2026
		£
	Trade debtors / trade receivables	4,138
	Other debtors	2,329
	Total	6,467

5.	Creditors: amounts due within one year

		2026
		£
	Trade creditors / trade payables	2,262
	Other creditors	16,025
	Accrued liabilities and deferred income	575
	Total	18,862

6.	Creditors: amounts due after one year

		2026
		£
	Other creditors	6,240
	Total	6,240

7.	Obligations under finance leases

		2026
		£
	Finance lease and HP contracts	6,240