REGISTERED NUMBER: 08729136 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

THE TOOLBOX PROJECT

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I Milner

Mr M N Zienko

REGISTERED OFFICE:

Sleeper Path

28 Station Avenue

New Earswick

York

YO32 4BN

REGISTERED NUMBER:

08729136 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

YO30 5PA

FIXED ASSETS

Tangible assets

4

24,839

20,945

CURRENT ASSETS

Stocks

550

550

Debtors

5

29,861

46,041

Cash at bank

110,096

71,941

140,507

118,532

CREDITORS

Amounts falling due within one year

6

6,267

4,088

NET CURRENT ASSETS

134,240

114,444

TOTAL ASSETS LESS CURRENT LIABILITIES

159,079

135,389

PROVISIONS FOR LIABILITIES

6,061

4,850

NET ASSETS

153,018

130,539

RESERVES

Income and expenditure account

153,018

130,539

153,018

130,539

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 surplus or deficit 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 26 June 2026 and were signed on its behalf by:

Mr M N Zienko - Director

Mr I Milner - Director

1.	STATUTORY INFORMATION

The Toolbox Project 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.

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.

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

Plant & machinery

25% straight line and 25% reducing balance

Fixtures & fittings

25% reducing balance

Motor vehicles

25% straight line and 25% reducing balance

Computer equipment

25% straight line and 25% reducing balance

Stocks

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

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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

5,187

55,042

60,229

Additions

-

12,054

12,054

Disposals

-

(3,061

)

(3,061

)

At 31 October 2025

5,187

64,035

69,222

DEPRECIATION

At 1 November 2024

207

39,077

39,284

Charge for year

104

5,488

5,592

Eliminated on disposal

-

(493

)

(493

)

At 31 October 2025

311

44,072

44,383

NET BOOK VALUE

At 31 October 2025

4,876

19,963

24,839

At 31 October 2024

4,980

15,965

20,945

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,422

37,500

Other debtors

3,439

8,541

29,861

46,041

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

4,380

-

Other creditors

1,887

4,088

6,267

4,088

7.	MEMBER'S LIABILITY

The company is limited by guarantee, not having a share capital and consequently the liability of

members is limited, subject to an undertaking by each member to contribute to the net assets or

liabilities of the company on winding up such amounts as may be required not exceeding £1. If the company is dissolved, any assets remaining after the satisfaction of its debts and liabilities shall not be distributed amongst the members but must be applied in one or both of the following ways, as may be decided by the members at or before the time of distribution: -

- By transfer to one or more not-for-profit distributing institutions with objects similar or compatible with those of the company;

- As a donation for charitable purposes