REGISTERED NUMBER: 00745398 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BRITISH COATINGS FEDERATION LIMITED

Page

Company Information

1

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

M Baines

D M Beckford

G R Coniam

M P Frost

S L Harte

B G Mackrill

P A Rieck

P D Smith

S P Snaith

L Taylor

G H Williams

J Falder

J A Ryder

R Segret Pons

N E Smith

B J Roulstone

B Mottershead

S L Crabb

T Bowtell

B R Grant

S Jones

R Kataria

B Skjelby

T J Thompson

C A Dunbar

P E Hunt

K M Ledson

N C Emmanuel

SECRETARY:

E T Scott-Hendy

REGISTERED OFFICE:

Spectra House

Westwood Way

Westwood Business Park

Coventry

CV4 8HS

REGISTERED NUMBER:

00745398 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

Corner Oak

1 Homer Road

Solihull

B91 3QG

FIXED ASSETS

Tangible assets

4

379,357

395,406

CURRENT ASSETS

Debtors

5

232,590

571,496

Cash at bank

2,407,142

2,407,647

2,639,732

2,979,143

CREDITORS

Amounts falling due within one year

6

880,357

764,377

NET CURRENT ASSETS

1,759,375

2,214,766

TOTAL ASSETS LESS CURRENT LIABILITIES

2,138,732

2,610,172

RESERVES

Retained earnings

2,138,732

2,610,172

2,138,732

2,610,172

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

J A Ryder - Director

1.	STATUTORY INFORMATION

British Coatings Federation Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

The liability of each member is limited to £10 in the event of winding up.

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.

Long leasehold

-

2% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33.33% 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.

Pension costs and other post-retirement benefits

For defined contribution schemes the amount charged in the profit and loss account in respect of pension costs is the contributions payable in the year. Differences between the contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

The company operated a defined benefit scheme for certain employees which was sold to Aviva in July 2022.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Other

Fixtures

Long

fixed

and

Computer

leasehold

assets

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

407,050

28,415

178,909

94,691

709,065

Additions

-

-

3,227

8,591

11,818

At 31 December 2025

407,050

28,415

182,136

103,282

720,883

DEPRECIATION

At 1 January 2025

53,595

28,415

146,894

84,755

313,659

Charge for year

8,141

-

12,665

7,061

27,867

At 31 December 2025

61,736

28,415

159,559

91,816

341,526

NET BOOK VALUE

At 31 December 2025

345,314

-

22,577

11,466

379,357

At 31 December 2024

353,455

-

32,015

9,936

395,406

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

99,005

218,115

Other debtors

133,585

103,381

232,590

321,496

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

250,000

Aggregate amounts

232,590

571,496

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

287,771

328,145

Taxation and social security

57,657

42,155

Other creditors

534,929

394,077

880,357

764,377