REGISTERED NUMBER: 02003562 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

IMPACT DUCTING SALES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr MD Randell

Mr R Green

Mr O P Gratrix

Mr J A Perkins

Miss G R Squire

SECRETARY:

Mr R Green

REGISTERED OFFICE:

Impact House

45 Oakland Road

Leicester

LE2 6AN

REGISTERED NUMBER:

02003562 (England and Wales)

BANKERS:

HSBC Plc

2-6 Gallowtree Gate

Leicester

Leicestershire

LE1 1DA

FIXED ASSETS

Tangible assets

4

91,092

91,818

CURRENT ASSETS

Stocks

5

203,130

190,350

Debtors

6

1,858,526

1,727,291

Cash at bank and in hand

30,625

19,027

2,092,281

1,936,668

CREDITORS

Amounts falling due within one year

7

1,131,756

1,086,514

NET CURRENT ASSETS

960,525

850,154

TOTAL ASSETS LESS CURRENT LIABILITIES

1,051,617

941,972

CREDITORS

Amounts falling due after more than one year

8

(96,742

)

(123,145

)

PROVISIONS FOR LIABILITIES

(22,773

)

(22,955

)

NET ASSETS

932,102

795,872

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

922,102

785,872

SHAREHOLDERS' FUNDS

932,102

795,872

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2026 and were signed on its behalf by:

Miss G R Squire - Director

1.	STATUTORY INFORMATION

Impact Ducting Sales 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.

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

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.

Preparation of consolidated financial statements

The financial statements contain information about Impact Ducting Sales Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Revenue comprises the fair value for the sale of goods excluding value added taxes and represents net invoice value less estimated rebates, returns and settlement discounts. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on receipt of the goods.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - Straight line over 8 years

Fixtures and fittings - Straight line over 8 years

Office equipment - Straight line over 8 years

Computer equipment - At varying rates on cost

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of senior employees. The amount charged to the profit and loss account in respect of the pension cost is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Office

Computer

machinery

fittings

equipment

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

606,603

44,775

15,629

37,857

704,864

Additions

16,250

581

4,320

7,576

28,727

At 31 October 2025

622,853

45,356

19,949

45,433

733,591

DEPRECIATION

At 1 November 2024

519,827

42,957

12,422

37,840

613,046

Charge for year

26,665

722

1,819

247

29,453

At 31 October 2025

546,492

43,679

14,241

38,087

642,499

NET BOOK VALUE

At 31 October 2025

76,361

1,677

5,708

7,346

91,092

At 31 October 2024

86,776

1,818

3,207

17

91,818

5.

STOCKS

2025

2024

£

£

Raw materials

159,436

117,987

Work-in-progress

43,694

72,363

203,130

190,350

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

622,404

494,816

Amounts owed by group undertakings

1,167,360

1,167,460

Other debtors

68,762

65,015

1,858,526

1,727,291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

70,604

60,149

Trade creditors

380,118

364,962

Taxation and social security

216,700

245,928

Other creditors

464,334

415,475

1,131,756

1,086,514

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

96,742

123,145

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

77,000

77,000

Between one and five years

308,000

308,000

In more than five years

300,300

377,300

685,300

762,300

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Cynergy Invoice Financing

336,370

295,022

Bank loans

44,200

-

380,570

295,022

Cynergy Business Finance Limited holds a fixed and floating charge which covers all the property or undertaking of the company.

11.	ULTIMATE PARENT UNDERTAKING

The company's immediate parent undertaking is Impact Group (Leicester) Limited. The registered office address and the principal place of business of Impact Group (Leicester) Limited is 45 Oakland Road, Leicester, LE2 6AN.

The company's ultimate parent undertaking is Mr Jog Limited, which owns 100% share capital of Impact Group (Leicester) Limited The registered office address and the principal place of business of Mr Jog Limited is 45 Oakland Road, Leicester, LE2 6AN.