REGISTERED NUMBER: 06295030 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Independent Grip Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Young

SECRETARY:

C Young

REGISTERED OFFICE:

Unit 10

Vicarage Farm

Halliford Road

Sunbury-on-Thames

Middlesex

TW16 6DW

REGISTERED NUMBER:

06295030 (England and Wales)

ACCOUNTANTS:

Swan Accountancy Solutions Limited

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

4

208,403

281,726

CURRENT ASSETS

Debtors

5

95,236

70,086

Cash at bank and in hand

39,138

142,522

134,374

212,608

CREDITORS

Amounts falling due within one year

6

132,286

196,267

NET CURRENT ASSETS

2,088

16,341

TOTAL ASSETS LESS CURRENT LIABILITIES

210,491

298,067

CREDITORS

Amounts falling due after more than one year

7

-

(8,793

)

PROVISIONS FOR LIABILITIES

(53,529

)

(53,529

)

NET ASSETS

156,962

235,745

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

156,960

235,743

SHAREHOLDERS' FUNDS

156,962

235,745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2026 and were signed by:

A Young - Director

1.	STATUTORY INFORMATION

Independent Grip 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

480,224

5,087

128,583

3,666

617,560

Disposals

(63,099

)

-

-

-

(63,099

)

At 31 October 2025

417,125

5,087

128,583

3,666

554,461

DEPRECIATION

At 1 November 2024

265,661

4,958

63,159

2,056

335,834

Charge for year

52,725

43

16,356

536

69,660

Eliminated on disposal

(59,436

)

-

-

-

(59,436

)

At 31 October 2025

258,950

5,001

79,515

2,592

346,058

NET BOOK VALUE

At 31 October 2025

158,175

86

49,068

1,074

208,403

At 31 October 2024

214,563

129

65,424

1,610

281,726

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

43,417

43,834

Other debtors

51,819

26,252

95,236

70,086

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

6,667

10,000

Hire purchase contracts

2,091

5,019

Trade creditors

95,359

137,108

Taxation and social security

19,053

37,538

Other creditors

9,116

6,602

132,286

196,267

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

6,702

Hire purchase contracts

-

2,091

-

8,793

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2

9.	RELATED PARTY DISCLOSURES

At the year end A Young was owed £134 by way of Director's Loan (2024-£798).

10.	ULTIMATE CONTROLLING PARTY

Mr & Mrs A Young are the ultimate controlling parties by virtue of their 100% beneficial interest in the Share Capital of the company.