Company registration number 08355664 (England and Wales)
REFINERY SUPPLIES (HOLDINGS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
REFINERY SUPPLIES (HOLDINGS) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
REFINERY SUPPLIES (HOLDINGS) LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
647,500
776,468
Investments
4
40
40
647,540
776,508
Current assets
Debtors
5
180,850
9,482
Cash at bank and in hand
1,801
15
182,651
9,497
Creditors: amounts falling due within one year
6
(8,125)
(107,946)
Net current assets/(liabilities)
174,526
(98,449)
Total assets less current liabilities
822,066
678,059
Provisions for liabilities
-
0
(27,147)
Net assets
822,066
650,912
Capital and reserves
Called up share capital
40
40
Profit and loss reserves
822,026
650,872
Total equity
822,066
650,912

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 June 2026 and are signed on its behalf by:
M W Vidler
S Hall
Director
Director
Company registration number 08355664 (England and Wales)
REFINERY SUPPLIES (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 2 -
1
Accounting policies
1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
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.true

1.3
Turnover

Turnover represents amounts receivable for goods and services net of VAT.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% straight line
Plant and machinery
15% written down value
1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

REFINERY SUPPLIES (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Company information

Refinery Supplies (Holdings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Chadderton Industrial Estate, Greenside Way, Middleton, Manchester, M24 1SW.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
REFINERY SUPPLIES (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 4 -
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 March 2025
875,000
452,989
1,327,989
Disposals
-
0
(452,989)
(452,989)
At 28 February 2026
875,000
-
0
875,000
Depreciation and impairment
At 1 March 2025
210,000
341,521
551,521
Depreciation charged in the year
17,500
-
0
17,500
Eliminated in respect of disposals
-
0
(341,521)
(341,521)
At 28 February 2026
227,500
-
0
227,500
Carrying amount
At 28 February 2026
647,500
-
0
647,500
At 28 February 2025
665,000
111,468
776,468

The freehold property has been valued, on a Market Value Basis, on 25 April 2017 by Robert Roberts RICS in excess of the net book value.

4
Fixed asset investments
2026
2025
£
£
Shares in group undertakings and participating interests
40
40
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
164,606
-
0
Other debtors
16,244
9,482
180,850
9,482
REFINERY SUPPLIES (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 5 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
1,800
125
Amounts owed to group undertakings
-
0
71,130
Taxation and social security
4,825
35,191
Other creditors
1,500
1,500
8,125
107,946

2026-02-28 2025-03-01 false false false 24 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity M W Vidler S Hall 08355664 2025-03-01 2026-02-28 08355664 2026-02-28 08355664 2025-02-28 08355664 core:LandBuildings 2026-02-28 08355664 core:OtherPropertyPlantEquipment 2026-02-28 08355664 core:LandBuildings 2025-02-28 08355664 core:OtherPropertyPlantEquipment 2025-02-28 08355664 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 08355664 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 08355664 core:WithinOneYear 2026-02-28 08355664 core:WithinOneYear 2025-02-28 08355664 core:CurrentFinancialInstruments 2026-02-28 08355664 core:CurrentFinancialInstruments 2025-02-28 08355664 core:ShareCapital 2026-02-28 08355664 core:ShareCapital 2025-02-28 08355664 core:RetainedEarningsAccumulatedLosses 2026-02-28 08355664 core:RetainedEarningsAccumulatedLosses 2025-02-28 08355664 bus:Director1 2025-03-01 2026-02-28 08355664 bus:Director2 2025-03-01 2026-02-28 08355664 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 08355664 core:PlantMachinery 2025-03-01 2026-02-28 08355664 2024-02-29 2025-02-28 08355664 core:LandBuildings 2025-02-28 08355664 core:OtherPropertyPlantEquipment 2025-02-28 08355664 2025-02-28 08355664 core:LandBuildings 2025-03-01 2026-02-28 08355664 core:OtherPropertyPlantEquipment 2025-03-01 2026-02-28 08355664 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 08355664 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 08355664 bus:FRS102 2025-03-01 2026-02-28 08355664 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 08355664 bus:FullAccounts 2025-03-01 2026-02-28 xbrli:pure xbrli:shares iso4217:GBP