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REGISTERED NUMBER: 04461775 (England and Wales)



Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Industrial Wholesale Supplies Limited
Industrial Wholesale Supplies Limited (Registered number: 04461775)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Industrial Wholesale Supplies Limited

Company Information
for the Year Ended 31st December 2024







DIRECTOR: I Whitehurst





SECRETARY: N Whitehurst





REGISTERED OFFICE: Hogshaw Mill
Fairfield Road
Buxton
Derbyshire
SK17 7DJ





REGISTERED NUMBER: 04461775 (England and Wales)





ACCOUNTANTS: CH Accountancy Services (High Peak) Ltd
1 Grove Parade
Buxton
Derbyshire
SK17 6AJ
Page 1
Industrial Wholesale Supplies Limited (Registered number: 04461775)

Abridged Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 57,547 67,702

CURRENT ASSETS
Stocks 78,160 82,120
Debtors 18,283 22,001
Cash at bank 30,083 48,137
126,526 152,258
CREDITORS
Amounts falling due within one year 44,468 25,141
NET CURRENT ASSETS 82,058 127,117
TOTAL ASSETS LESS CURRENT LIABILITIES 139,605 194,819

CREDITORS
Amounts falling due after more than one year 11,191 29,167
NET ASSETS 128,414 165,652

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 128,412 165,650
SHAREHOLDERS' FUNDS 128,414 165,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 24th September 2025 and were signed by:




I Whitehurst - Director


The notes form part of these financial statements

Page 2
Industrial Wholesale Supplies Limited (Registered number: 04461775)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Industrial Wholesale Supplies 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 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, excluding discounts, rebates, value added tax and other sales taxes.

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 - at variable rates on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2024
and 31st December 2024 312,175
DEPRECIATION
At 1st January 2024 244,473
Charge for year 10,155
At 31st December 2024 254,628
NET BOOK VALUE
At 31st December 2024 57,547
At 31st December 2023 67,702

Page 3