REGISTERED NUMBER: 05756082 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

M-Cool Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

16,135

13,258

CURRENT ASSETS

Stocks

10,835

10,319

Debtors

5

305,033

390,216

Cash at bank and in hand

116,799

115,809

432,667

516,344

CREDITORS

Amounts falling due within one year

6

(213,630

)

(289,105

)

NET CURRENT ASSETS

219,037

227,239

TOTAL ASSETS LESS CURRENT LIABILITIES

235,172

240,497

CREDITORS

Amounts falling due after more than one year

7

(7,907

)

(18,100

)

NET ASSETS

227,265

222,397

CAPITAL AND RESERVES

Called up share capital

35

35

Retained earnings

227,230

222,362

SHAREHOLDERS' FUNDS

227,265

222,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 17 November 2025 and were signed by:

Mr B Myers - Director

1.	STATUTORY INFORMATION

M-Cool Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05756082

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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 is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover 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 transaction can be measured reliably. This is usually on the delivery of the goods.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable

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.

Improvements to property

-

20% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

20% on cost

Office equipment

-

25% on cost

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Office

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

5,559

519

67,279

9,339

82,696

Additions

-

-

6,800

1,984

8,784

Disposals

-

-

(49,529

)

-

(49,529

)

At 30 April 2025

5,559

519

24,550

11,323

41,951

DEPRECIATION

At 1 May 2024

5,559

519

54,854

8,506

69,438

Charge for year

-

-

4,911

996

5,907

Eliminated on disposal

-

-

(49,529

)

-

(49,529

)

At 30 April 2025

5,559

519

10,236

9,502

25,816

NET BOOK VALUE

At 30 April 2025

-

-

14,314

1,821

16,135

At 30 April 2024

-

-

12,425

833

13,258

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

Motor

vehicles

£

COST

At 1 May 2024

and 30 April 2025

17,750

DEPRECIATION

At 1 May 2024

5,325

Charge for year

3,550

At 30 April 2025

8,875

NET BOOK VALUE

At 30 April 2025

8,875

At 30 April 2024

12,425

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

274,048

356,643

Other debtors

30,985

33,573

305,033

390,216

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,524

10,064

Hire purchase contracts (see note 8)

-

4,866

Trade creditors

174,105

271,969

Taxation and social security

11,295

201

Other creditors

17,706

2,005

213,630

289,105

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

7,907

18,100

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.25

30.4.24

£

£

Net obligations repayable:

Within one year

-

4,866

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Hire purchase contracts

-

4,866

Hire purchase creditors are secured on the assets to which they relate.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

Mr B Myers

Balance outstanding at start of year

12,381

13,624

Amounts advanced

1,832

-

Amounts repaid

-

(1,243

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,213

12,381

Loans incur interest at 2.5% per annum.