Hot and Cold Technical (UK) Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05698567 (England and Wales)

HOT AND COLD TECHNICAL (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2017

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTOR:

Mr R S Pond

REGISTERED OFFICE:

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

REGISTERED NUMBER:

05698567 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

Chartered Accountants

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and

certain other primary statements and the Report of the Director are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Hot and Cold Technical (UK) Limited for the year ended 28 February 2017 which comprise the

Income Statement, Statement of Financial Position and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Hot and Cold Technical (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hot and Cold Technical (UK) Limited and state those matters that we have agreed to state to the director of Hot and Cold Technical (UK) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hot and Cold Technical (UK) Limited director for our work or for this report.

It is your duty to ensure that Hot and Cold Technical (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hot and Cold Technical (UK) Limited. You consider that Hot and Cold Technical (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hot and Cold Technical (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

Chartered Accountants

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

19 July 2017

CURRENT ASSETS

Stocks

4

435

633

Debtors

5

4,917

4,560

Cash at bank

523

1,684

5,875

6,877

CREDITORS

Amounts falling due within one year

6

5,759

6,512

NET CURRENT ASSETS

116

365

TOTAL ASSETS LESS CURRENT LIABILITIES

116

365

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

115

364

SHAREHOLDERS' FUNDS

116

365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 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 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 director on 19 July 2017 and were signed by:

Mr R S Pond - Director

1.	STATUTORY INFORMATION

Hot and Cold Technical (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

This is the first year in which the financial statements have been prepared under FRS 102. The date of transition

is 1 March 2015.

The transition to FRS102 section 1A has resulted in no changes in accounting policies to those used previously

and there has been no impact to opening equity or last years profit and loss.

Turnover

Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of

services in the ordinary course of the company activities. Sales are presented, net of value-added tax.

Stocks

Stock is valued at lower of cost and net realisable value, after making due allowances for obsolete and slow

moving items. Costs includes any expenditure incurred in bringing the stock to its present location and

condition. A 'first in first out' basis is used.

Taxation

Taxation for the year comprises current and deferred tax. Current tax is recognised at the amount of tax payable

using the tax rates and laws that have been enacted at the balance sheet date.

Deferred tax is recognised in respect of all timing differences (including fair value adjustments) that have

originated but not reversed by the balance sheet date except that a deferred tax asset is only recognised to the

extent that it is regarded as recoverable. Deferred tax is measured using the tax rate that is expected to apply in

the periods in which the timing differences are expected to reverse.

Dividends

Equity dividends are recognised when they become legally payable. Interim dividends are recognised when paid.

Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.

STOCKS

2017

2016

£

£

Stocks

435

633

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

1,130

1,195

Directors' current accounts

3,787

3,365

4,917

4,560

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

3,688

4,786

Accrued expenses

2,071

1,726

5,759

6,512

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1

Ordinary

£1

1

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end an amount of £3,787, (2016: £3,365) was owing to the company by Mr R Pond and is included

within 'debtors amounts falling due within 1 year'. No interest has been charged on this loan.

9.	ULTIMATE CONTROLLING PARTY

During the period the company was under the control of Mr R S Pond, who is a director and sole shareholder of

the company.