Cool Heat Systems Ltd |
Notes to the Accounts |
for the year ended 31 December 2022 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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|
Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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|
Plant and machinery |
25% reducing balance |
|
Motor Vehciles |
25% reducing balance |
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|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
- |
|
|
|
|
|
|
|
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3 |
Tangible fixed assets |
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|
|
|
Plant and machinery etc |
|
Motor vehicles |
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Total |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2022 |
5,741 |
|
14,244 |
|
19,985 |
|
At 31 December 2022 |
5,741 |
|
14,244 |
|
19,985 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2022 |
5,539 |
|
13,887 |
|
19,426 |
|
Charge for the year |
51 |
|
89 |
|
140 |
|
At 31 December 2022 |
5,590 |
|
13,976 |
|
19,566 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2022 |
151 |
|
268 |
|
419 |
|
At 31 December 2021 |
202 |
|
357 |
|
559 |
|
|
4 |
Debtors |
2022 |
|
2021 |
£ |
£ |
|
|
Trade debtors |
4,690 |
|
19,463 |
|
Other debtors |
26,444 |
|
- |
|
|
|
|
|
|
31,134 |
|
19,463 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
|
Trade creditors |
36,053 |
|
20,597 |
|
Corporation tax |
- |
|
2,667 |
|
Other taxes and social security costs |
5,941 |
|
10,513 |
|
Other creditors |
- |
|
2,769 |
|
|
|
|
|
|
41,994 |
|
36,546 |
|
|
|
|
|
|
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6 |
Other information |
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Cool Heat Systems Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
57 Windmill Street |
|
Gravesend |
|
Kent |
|
DA12 1BB |