REGISTERED NUMBER: 14048283 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Humber Industrials Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R H Gale

J Gale

AS Field

G Mayhead

REGISTERED OFFICE:

C/o International Processplants (Europe)

Postal Pages Unit 3 Proctor Court

Boeing Way Preston Farm Industrial Est

Stockton on Tees

TS18 3TE

REGISTERED NUMBER:

14048283 (England and Wales)

AUDITORS:

Anderson Barrowcliff Limited

Statutory Auditors

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

CURRENT ASSETS

Stocks

5,730,104

5,732,939

Debtors

4

104,570

345,821

Cash at bank

2,690,428

439,826

8,525,102

6,518,586

CREDITORS

Amounts falling due within one year

5

5,551,481

6,284,103

NET CURRENT ASSETS

2,973,621

234,483

TOTAL ASSETS LESS CURRENT LIABILITIES

2,973,621

234,483

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

2,973,620

234,482

SHAREHOLDERS' FUNDS

2,973,621

234,483

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 17 August 2026 and were signed on its behalf by:

AS Field - Director

1.	STATUTORY INFORMATION

Humber Industrials 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Stocks

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

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Hire purchase and leasing commitments

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

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

1

1

Amounts owed by participating interests

-

173,401

VAT

-

37,744

Prepayments

26,635

45,542

26,636

256,688

Amounts falling due after more than one year:

Prepayments

77,934

89,133

Aggregate amounts

104,570

345,821

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

54,049

8,045

Amounts owed to group undertakings

3,871,886

5,802,328

Amounts owed to participating interests

183,080

-

Taxation

540,000

75,000

VAT

150,116

-

Accrued expenses

752,350

398,730

5,551,481

6,284,103

6.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

24,600

24,600

Between one and five years

98,400

98,400

In more than five years

1,492,400

1,517,000

1,615,400

1,640,000

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Dewing FCCA, FCA (Senior Statutory Auditor)

for and on behalf of Anderson Barrowcliff Limited

9.	ULTIMATE HOLDING COMPANY

The parent company is Grimsby Investments LLC, 410 Princeton Highstown Road, Princeton Junction, New Jersey, a company incorporated in United States of America.

The ultimate holding company is International Process Plants & Equipment Corporation, 410 Princeton Highstown Road, Princeton Junction, New Jersey, a company incorporated in United States of America.