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REGISTERED NUMBER: 07245353 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| for |

| IBC Supplies Limited |

IBC Supplies Limited (Registered number: 07245353)

Contents of the Financial Statements

for the Year Ended 30 April 2025

| Page |

Chartered accountants' report | 1 |

Statement of financial position | 2 |  | to |  | 3

Notes to the financial statements | 4 |  | to |  | 8

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

IBC Supplies Limited

The following reproduces the text of the report prepared for the director 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 IBC Supplies Limited for the year ended 30 April 2025 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 IBC Supplies Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of IBC Supplies Limited and state those matters that we have agreed to state to the director of IBC Supplies 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 IBC Supplies Limited and its director for our work or for this report.

It is your duty to ensure that IBC Supplies 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 IBC Supplies Limited. You consider that IBC Supplies 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 IBC Supplies 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.

Moore Thompson

22 St George's Street

Stamford

Lincolnshire

PE9 2BU

21 January 2026

IBC Supplies Limited (Registered number: 07245353)

Statement of Financial Position

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Intangible assets | 5 | - |  | - |  |

Tangible assets | 6 | 504,474 |  | 219,649 |  |

504,474 |  | 219,649 |  |

Current assets

Debtors | 7 | 871,645 |  | 911,532 |  |

Cash at bank | 29,778 |  | 64,141 |  |

901,423 |  | 975,673 |  |

Creditors

Amounts falling due within one year | 8 | 538,359 |  | 279,578 |  |

Net current assets | 363,064 |  | 696,095 |  |

Total assets less current liabilities | 867,538 |  | 915,744 |  |

Creditors

Amounts falling due after more than one year | 9 | (82,785 | ) | (185,420 | ) |

Provisions for liabilities | (110,933 | ) | (44,770 | ) |

Net assets | 673,820 |  | 685,554 |  |

Capital and reserves

Called up share capital | 100 |  | 100 |  |

Retained earnings | 673,720 |  | 685,454 |  |

673,820 |  | 685,554 |  |

IBC Supplies Limited (Registered number: 07245353)

Statement of Financial Position - continued

30 April 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 21 January 2026 and were signed by:

Ms F C Swancott - Director

IBC Supplies Limited (Registered number: 07245353)

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | Statutory information

| IBC Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 07245353

| Registered office: | Orion House

| 14 Barn Hill

| Stamford

| Lincolnshire

| PE9 2AE

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

2. | Statement of compliance

| 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.

3. | Accounting policies

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision

| of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

| The company recognises revenue when:

| The amount of revenue can be reliably measured;

| it is probable that future economic benefits will flow to the entity;

| and specific criteria have been met for each of the company's activities.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of one years.

| Tangible fixed assets

| Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible asset includes directly attributable incremental costs incurred in their acquisition and installation.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

IBC Supplies Limited (Registered number: 07245353)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

3. | Accounting policies - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Trade debtors

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| Trade creditors

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

IBC Supplies Limited (Registered number: 07245353)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

3. | Accounting policies - continued

| Borrowings

| Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

| Dividends

| Dividend distribution to the company's shareholders is recognised as a liability i the financial statements in the reporting period in which the dividends are declared.

| Share Capital

| Ordinary shares are classified as equity. Equity instruments are measured at the fair values of cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payments is deferred and the time value of money is material, the initial measurement os on the present value basis.

4. | Employees and directors

| The average number of employees during the year was 2 (2024 - 2 ) .

5. | Intangible fixed assets

| Goodwill

£ |

| Cost

| At 1 May 2024

| and 30 April 2025 | 658 |  |

| Amortisation

| At 1 May 2024

| and 30 April 2025 | 658 |  |

| Net book value

| At 30 April 2025 | - |  |

| At 30 April 2024 | - |  |

IBC Supplies Limited (Registered number: 07245353)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

6. | Tangible fixed assets

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Cost

| At 1 May 2024 | 21,293 |  | 565,709 |  | 587,002 |  |

| Additions | - |  | 382,050 |  | 382,050 |  |

| Disposals | - |  | (45,188 | ) | (45,188 | ) |

| At 30 April 2025 | 21,293 |  | 902,571 |  | 923,864 |  |

| Depreciation

| At 1 May 2024 | 12,279 |  | 355,074 |  | 367,353 |  |

| Charge for year | 2,130 |  | 77,194 |  | 79,324 |  |

| Eliminated on disposal | - |  | (27,287 | ) | (27,287 | ) |

| At 30 April 2025 | 14,409 |  | 404,981 |  | 419,390 |  |

| Net book value

| At 30 April 2025 | 6,884 |  | 497,590 |  | 504,474 |  |

| At 30 April 2024 | 9,014 |  | 210,635 |  | 219,649 |  |

7. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade debtors | 13,287 |  | 46,386 |  |

| Other debtors | 858,358 |  | 865,146 |  |

871,645 |  | 911,532 |  |

8. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 77,968 |  | 72,839 |  |

| Hire purchase contracts | 24,667 |  | 62,679 |  |

| Trade creditors | 418,934 |  | 46,469 |  |

| Taxation and social security | 13,054 |  | 93,715 |  |

| Other creditors | 3,736 |  | 3,876 |  |

538,359 |  | 279,578 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 82,785 |  | 160,753 |  |

| Hire purchase contracts | - |  | 24,667 |  |

82,785 |  | 185,420 |  |

IBC Supplies Limited (Registered number: 07245353)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

10. | Director's advances, credits and guarantees

| The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| Ms F C Swancott

| Balance outstanding at start of year | 674,500 |  | 679,770 |  |

| Amounts advanced | 154,785 |  | 156,507 |  |

| Amounts repaid | (163,055 | ) | (161,777 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 666,230 |  | 674,500 |  |