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Company Registration No. 03584766 (England and Wales)
IndustrialMachines.Net Limited Unaudited accounts for the year ended 30 June 2025
IndustrialMachines.Net Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IndustrialMachines.Net Limited Company Information for the year ended 30 June 2025
Director
Benjamin James Fowler
Company Number
03584766 (England and Wales)
Registered Office
5 ARDEN COURT ARDEN ROAD ALCESTER B49 6HN ENGLAND
Accountants
The Ledger House Accountancy Minerva Mill, Office 34 Station Road Alcester Warwickshire B49 5ET
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IndustrialMachines.Net Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
28,728
97,313
Current assets
Inventories
12,000
14,250
Debtors
5
69,491
72,554
Cash at bank and in hand
466,964
247,899
548,455
334,703
Creditors: amounts falling due within one year
6
(369,123)
(193,812)
Net current assets
179,332
140,891
Total assets less current liabilities
208,060
238,204
Creditors: amounts falling due after more than one year
7
(4,936)
(12,855)
Net assets
203,124
225,349
Capital and reserves
Called up share capital
8
100
100
Capital redemption reserve
35
35
Profit and loss account
202,989
225,214
Shareholders' funds
203,124
225,349
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2026 and were signed on its behalf by
Benjamin James Fowler Director Company Registration No. 03584766
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IndustrialMachines.Net Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
IndustrialMachines.Net Limited is a private company, limited by shares, registered in England and Wales, registration number 03584766. The registered office is 5 ARDEN COURT, ARDEN ROAD, ALCESTER, B49 6HN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
10% straight line
Computer equipment
33.3% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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IndustrialMachines.Net Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
135,668
28,744
18,560
182,972
Additions
-
-
1,221
1,221
Disposals
(79,000)
-
-
(79,000)
At 30 June 2025
56,668
28,744
19,781
105,193
Depreciation
At 1 July 2024
52,512
17,394
15,753
85,659
Charge for the year
5,977
2,142
2,437
10,556
On disposals
(19,750)
-
-
(19,750)
At 30 June 2025
38,739
19,536
18,190
76,465
Net book value
At 30 June 2025
17,929
9,208
1,591
28,728
At 30 June 2024
83,156
11,350
2,807
97,313
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
(34,376)
(15,859)
Trade debtors
97,186
9,093
Accrued income and prepayments
6,681
79,320
69,491
72,554
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
153,809
9,082
Taxes and social security
61,280
62,423
Other creditors
33,315
39,946
Accruals
50,514
14,836
Deferred income
70,205
67,525
369,123
193,812
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
9,640
Taxes and social security
4,936
3,215
4,936
12,855
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
- 6 -
IndustrialMachines.Net Limited Notes to the Accounts for the year ended 30 June 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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