REGISTERED NUMBER: 07027309 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2018

FOR

A & S COOLING SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J C Allen

Mr G A Steward

SECRETARY:

Mr D J C Allen

REGISTERED OFFICE:

10 Fifers Lane

Old Catton

Norwich

Norfolk

NR6 7AF

REGISTERED NUMBER:

07027309 (England and Wales)

ACCOUNTANTS:

Brown & Co Accountants

Brookside Cottage

Silfield Street

Silfield

Wymondham

Norfolk

NR18 9NS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

64,401

83,338

64,401

83,338

CURRENT ASSETS

Stocks

71,000

51,710

Debtors

6

157,068

347,322

Cash at bank

643,742

732,062

871,810

1,131,094

CREDITORS

Amounts falling due within one year

7

118,822

486,066

NET CURRENT ASSETS

752,988

645,028

TOTAL ASSETS LESS CURRENT LIABILITIES

817,389

728,366

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

817,289

728,266

SHAREHOLDERS' FUNDS

817,389

728,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 12th May 2018 and were signed on its behalf by:

Mr D J C Allen - Director

Mr G A Steward - Director

1.	STATUTORY INFORMATION

A & S Cooling Services 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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 12 (2017 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2017

and 31st March 2018

23,500

AMORTISATION

At 1st April 2017

and 31st March 2018

23,500

NET BOOK VALUE

At 31st March 2018

-

At 31st March 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2017

203,967

Additions

4,692

Disposals

(11,890

)

At 31st March 2018

196,769

DEPRECIATION

At 1st April 2017

120,629

Charge for year

21,468

Eliminated on disposal

(9,729

)

At 31st March 2018

132,368

NET BOOK VALUE

At 31st March 2018

64,401

At 31st March 2017

83,338

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

131,637

293,888

Other debtors

25,431

53,434

157,068

347,322

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

32,684

376,536

Taxation and social security

84,429

107,671

Other creditors

1,709

1,859

118,822

486,066