CLIMATEC SYSTEMS LIMITED

CLIMATEC SYSTEMS LIMITED

CLIMATEC SYSTEMS LIMITED - Company Information

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CLIMATEC SYSTEMS LIMITED

Company Registration Number:
01648233 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2019

Period of accounts

Start date: 01 July 2018

End date: 30 June 2019

CLIMATEC SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2019

Balance sheet
Notes

CLIMATEC SYSTEMS LIMITED

Balance sheet

As at 30 June 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 354,029 314,037
Total fixed assets: 354,029 314,037
Current assets
Stocks: 332,206 351,294
Debtors:   721,341 488,460
Cash at bank and in hand: 476,027 732,886
Investments: 4 262,368 260,057
Total current assets: 1,791,942 1,832,697
Creditors: amounts falling due within one year: 5 (366,789) (429,698)
Net current assets (liabilities): 1,425,153 1,402,999
Total assets less current liabilities: 1,779,182 1,717,036
Provision for liabilities: (53,588) (42,010)
Total net assets (liabilities): 1,725,594 1,675,026
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 1,725,584 1,675,016
Shareholders funds: 1,725,594 1,675,026

The notes form part of these financial statements

CLIMATEC SYSTEMS LIMITED

Balance sheet statements

For the year ending 30 June 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 27 March 2020
and signed on behalf of the board by:

Name: O S Williams
Status: Director

The notes form part of these financial statements

CLIMATEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CLIMATEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

2. Employees

2019 2018
Average number of employees during the period 10 10

CLIMATEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

3. Tangible Assets

Total
Cost £
At 01 July 2018 481,184
Additions 97,222
Disposals (28,959)
At 30 June 2019 549,447
Depreciation
At 01 July 2018 167,147
Charge for year 55,093
On disposals (26,822)
At 30 June 2019 195,418
Net book value
At 30 June 2019 354,029
At 30 June 2018 314,037

CLIMATEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

4. Current investments

Other investments 2019 £262,368 2018 £260,057

CLIMATEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

5. Creditors: amounts falling due within one year note

Year 2019 2018 £ £Trade creditors 154,047 162,201Taxation and social security 110,015 92,079Accruals and deferred income 91,894 162,089Other creditors 10,833 13,329 366,789 429,698