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Company registration number: 01493365
Industrial Metal Forms Limited
Unaudited filleted financial statements
for the year ended
30 June 2025
Prepared by:
THOMAS NOCK MARTIN LIMITED
CHARTERED ACCOUNTANTS
BRIERLEY HILL
Industrial Metal Forms Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Industrial Metal Forms Limited
Directors and other information

| Directors | Mark Andrew Smith |
|  | Charlotte Lucy Smith |
| Company number | 01493365 |
| Registered office | 5 Hagley Court South |
|  | The Waterfront |
|  | Brierley Hill |
|  | West Midlands |
|  | DY5 1XE |
| Business address | 95 Bradbury Road |
|  | Solihull |
|  | West Midlands |
|  | B92 8AF |
| Accountants | Thomas Nock Martin Limited |
|  | 5 Hagley Court South |
|  | The Waterfront |
|  | Brierley Hill |
|  | West Midlands |
|  | DY5 1XE |

| Bankers | HSBC Bank plc
|  | 34 Poplar Road
|  | Solihull
|  | West Midlands
|  | B91 3AF

Industrial Metal Forms Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Industrial Metal Forms Limited
Year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Industrial Metal Forms Limited for the year ended 30 June 2025 which comprise the statement of financial position and 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 at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Industrial Metal Forms Limited, as a body, in accordance with the terms of our engagement letter dated 26 February 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Industrial Metal Forms Limited and state those matters that we have agreed to state to the board of directors of Industrial Metal Forms Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Industrial Metal Forms Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Industrial Metal Forms 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 Industrial Metal Forms Limited. You consider that Industrial Metal Forms 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 Industrial Metal Forms 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.
Thomas Nock Martin Limited
Chartered Accountants
5 Hagley Court South
The Waterfront
Brierley Hill
West Midlands
DY5 1XE
15 October 2025
Industrial Metal Forms Limited
Statement of financial position
30 June 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 6 | 68,226 |  |  |  | 36,057 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 68,226 |  |  |  | 36,057
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 100 |  |  |  | 100 |  |
Debtors |  | 7 | 112,216 |  |  |  | 186,372 |  |
Cash at bank and in hand |  |  | 134,953 |  |  |  | 167,748 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 247,269 |  |  |  | 354,220 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 8 | ( 99,310) |  |  |  | ( 172,005) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 147,959 |  |  |  | 182,215
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 216,185 |  |  |  | 218,272
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 9 |  |  | ( 1,399) |  |  |  | ( 17,666)
Provisions for liabilities |  |  |  |  | ( 17,100) |  |  |  | ( 9,100)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 197,686 |  |  |  | 191,506
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  | 10 |  |  | 90 |  |  |  | 90
Profit and loss account |  |  |  |  | 197,596 |  |  |  | 191,416
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 197,686 |  |  |  | 191,506
|  |  |  |  | _______ |  |  |  | _______

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 15 October 2025 , and are signed on behalf of the board by:
Mark Andrew Smith
Director
Company registration number: 01493365
Industrial Metal Forms Limited
Notes to the financial statements
Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 5 Hagley Court South, The Waterfront, Brierley Hill, West Midlands, DY5 1XE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover represents sales from the manufacture, supply, and installation of duct work and air conditioning equipment excluding value added tax during the year.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

| Plant and machinery | - | 25 % | reducing balance
| Fittings fixtures and equipment | - | 25 % | reducing balance
| Motor vehicles | - | 25 % | reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stock is valued at the lower of cost and net realisable value.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and trade creditors, other debtors and creditors .
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Dividends
Equity dividends

|  |  | 2025 | 2024
|  |  | £ | £
| Dividends paid during the year (excluding those for which a liability existed at the end of the prior year) |  | 90,000 | 187,000
|  |  | _______ | _______

6. Tangible assets

|  | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total |  |  |
|  | £ | £ | £ | £ |  |  |
| Cost |  |  |  |  |  |  |
| At 1 July 2024 | 10,386 | 1,613 | 80,930 | 92,929 |  |  |
| Additions | 2,817 | - | 50,774 | 53,591 |  |  |
| Disposals | - | - | ( 26,881) | ( 26,881) |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 30 June 2025 | 13,203 | 1,613 | 104,823 | 119,639 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 July 2024 | 5,297 | 1,327 | 50,249 | 56,873 |  |  |
| Charge for the year | 1,481 | 72 | 11,362 | 12,915 |  |  |
| Disposals | - | - | ( 18,375) | ( 18,375) |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 30 June 2025 | 6,778 | 1,399 | 43,236 | 51,413 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 30 June 2025 | 6,425 | 214 | 61,587 | 68,226 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 30 June 2024 | 5,089 | 286 | 30,681 | 36,056 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |

7. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Trade debtors |  | 97,229 | 161,202
| Other debtors |  | 14,987 | 25,170
|  |  | _______ | _______
|  |  | 112,216 | 186,372
|  |  | _______ | _______

8. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans |  | 9,976 | 9,976
| Trade creditors |  | 41,359 | 34,031
| Corporation tax |  | 20,825 | 77,000
| Social security and other taxes |  | 1,020 | -
| Other creditors |  | 26,130 | 50,998
|  |  | _______ | _______
|  |  | 99,310 | 172,005
|  |  | _______ | _______

9. Creditors: amounts falling due after more than one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans |  | 1,399 | 11,624
| Other creditors |  | - | 6,042
|  |  | _______ | _______
|  |  | 1,399 | 17,666
|  |  | _______ | _______

10. Called up share capital
Issued, called up and fully paid

|  |  | 2025 |  |  |  | 2024 |  |
|  |  | No |  | £ |  | No |  | £
| 'A' Ordinary shares of £ 1.00 each |  | 45 |  | 45 |  | 45 |  | 45
| 'B' Ordinary shares of £ 1.00 each |  | 45 |  | 45 |  | 45 |  | 45
|  |  | _______ |  | _______ |  | _______ |  | _______
|  |  | 90 |  | 90 |  | 90 |  | 90
|  |  | _______ |  | _______ |  | _______ |  | _______