Internal Linings Limited Accounts


						Registered number
						02959714


	Internal Linings Limited
	Filleted Accounts
	31 July 2025



at	31 July 2025
Company No.		02959714
			Notes		2025		2024
					£		£
Fixed assets

	Tangible assets		4		81,760		98,342


					81,760		98,342
Current assets
	Stocks		5	149,295		212,184
	Debtors		6	771,725		1,124,372

	Cash at bank and in hand			1,028,509		163,426
				1,949,529		1,499,982
Creditors: Amount falling due within one year			7	(719,992)	()	(357,595)	()
Net current assets					1,229,537		1,142,387
Total assets less current liabilities					1,311,297		1,240,729




Net assets					1,311,297		1,240,729

Capital and reserves
	Called up share capital				1,000		1,000



	Profit and loss account		8		1,310,297		1,239,729

Total equity					1,311,297		1,240,729



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 July 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 13 April 2026 and signed on its behalf by:
M.J. Simmons
Director
13 April 2026

for the year ended 31 July 2025

General information

Internal Linings Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 02959714

Its registered office is:

Bank Chambers

1 3 Woodford Avenue

Gants Hill Ilford

Essex

IG2 6UF

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% reducing balance

Motor vehicles

25% reducing balance

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	6	7

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Total
			£	£	£
		Cost or revaluation
		At 1 August 2024	158,672	238,375	397,047
		Additions	10,671	-	10,671



		At 31 July 2025	169,343	238,375	407,718
		Depreciation
		At 1 August 2024	130,246	168,459	298,705
		Charge for the year	9,774	17,479	27,253



		At 31 July 2025	140,020	185,938	325,958
		Net book values
		At 31 July 2025	29,323	52,437	81,760
		At 31 July 2024	28,426	69,916	98,342

5	Stocks
			2025	2024
			£	£
		Raw materials and consumables	35,000	39,000
		Work in progress	114,295	173,184

			149,295	212,184

6	Debtors
			2025	2024
			£	£
		Trade debtors	426,697	932,261





		Other debtors	345,028	192,111

			771,725	1,124,372

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	325,889	173,229

		Taxes and social security	112,940	(48,482)
		Loans from directors	1,444	1,901
		Other creditors	279,719	230,947

			719,992	357,595

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	125,000	-

			125,000	-

		Dividends by type:

		Equity dividends	125,000	-
			125,000	-