REGISTERED NUMBER: 07262844 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Independent Fitters Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

S R Blackshaw

REGISTERED OFFICE:

138 Stockport Road

Marple

Stockport

Cheshire

SK6 6DQ

REGISTERED NUMBER:

07262844 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,564

5,542

3,564

5,542

CURRENT ASSETS

Stocks

850

950

Debtors

6

9,350

10,564

Cash at bank and in hand

17,072

5,124

27,272

16,638

CREDITORS

Amounts falling due within one year

7

31,689

29,799

NET CURRENT LIABILITIES

(4,417

)

(13,161

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(853

)

(7,619

)

CREDITORS

Amounts falling due after more than one year

8

2,110

4,036

NET LIABILITIES

(2,963

)

(11,655

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(3,063

)

(11,755

)

SHAREHOLDERS' FUNDS

(2,963

)

(11,655

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2026 and were signed by:

S R Blackshaw - Director

1.	STATUTORY INFORMATION

Independent Fitters Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07262844 and registered office address is 138 Stockport Road, Marple, Stockport, SK6 6DQ.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill has been amortised evenly over its estimated useful life of ten years.

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 etc

-

33% on cost and 25% on cost

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 Statement of Income and Retained Earnings, 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

The balance sheet is insolvent. There is no indication that creditors will withdraw their support and the accounts have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2025

and 31 May 2026

9,500

AMORTISATION

At 1 June 2025

and 31 May 2026

9,500

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2025

and 31 May 2026

8,584

DEPRECIATION

At 1 June 2025

3,042

Charge for year

1,978

At 31 May 2026

5,020

NET BOOK VALUE

At 31 May 2026

3,564

At 31 May 2025

5,542

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

8,483

9,750

Other debtors

867

814

9,350

10,564

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans and overdrafts

2,000

2,000

Trade creditors

20,524

16,110

Taxation and social security

4,590

4,883

Other creditors

4,575

6,806

31,689

29,799

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans

2,110

4,036

9.	SECURED DEBTS

The bank loan shown within the accounts has been guaranteed personally by the directors.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S R Blackshaw.