The IBA Buying Group Limited 31/03/2026 iXBRL

Company registration number: 11952165

The IBA Buying Group Limited

Company limited by guarantee

Unaudited filleted financial statements

31 March 2026

The IBA Buying Group Limited

Company limited by guarantee

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

The IBA Buying Group Limited

Company limited by guarantee

Directors and other information


Directors	Mark Ashworth
	Matthew Eden
	Russell Gratton
	Alan Kilford
	Joanne Southgate
	Paul Williams	(Resigned 17 March 2026)
	Suraj Bhambra	(Appointed 17 March 2026)


Secretary	Pamela Hardman


Company number	11952165


Registered office	Centrix House
	Crow Lane East
	Newton-Le-Willows
	Merseyside
	WA12 9UY


Accountants	Jacksons
	Chartered Accountants
	Deansfield House
	98 Lancaster Road
	Newcastle under Lyme
	Staffordshire
	ST5 1DS

The IBA Buying Group Limited

Company limited by guarantee

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	7,737		5,836
		_______		_______
			7,737		5,836

Current assets
Debtors	7	140,347		109,788
Cash at bank and in hand		2,711,069		2,610,694
		_______		_______
		2,851,416		2,720,482
Creditors: amounts falling due
within one year	8	( 1,836,091)		( 1,770,889)
		_______		_______
Net current assets			1,015,325		949,593
			_______		_______
Total assets less current liabilities			1,023,062		955,429

Creditors: amounts falling due
after more than one year	9		( 213,721)		( 213,721)
			_______		_______
Net assets			809,341		741,708
			_______		_______

Reserves
Profit and loss account			809,341		741,708
			_______		_______
Members funds			809,341		741,708
			_______		_______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The 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 Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 28 August 2026 , and are signed on behalf of the board by:

Joanne Southgate

Director

Company registration number: 11952165

The IBA Buying Group Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Centrix House, Crow Lane East, Newton-Le-Willows, Merseyside, WA12 9UY.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income

Income shown in the profit and loss account represents rebates received, members subscriptions and fees, supplier support, meeting income and sales income received during the period on behalf of the Limited company's members. Income is recognised when the company is entitled to receive that income.

Taxation

The tax expense represents the sum of the current tax expense. Current tax assets are recognised when tax paid exceeds the tax payable.The company is treated for corporation tax purposes as being mutually trading and is not liable to UK corporation tax on its trading profit. The charge for taxation is based on investment income for the year.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Website development	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Equipment	-	33% reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2025: 4 ).

5. Intangible assets

	Website development	Total
	£	£
Cost
At 1 April 2025 and 31 March 2026	4,800	4,800
	_______	_______
Amortisation
At 1 April 2025 and 31 March 2026	4,800	4,800
	_______	_______
Carrying amount
At 31 March 2026	-	-
	_______	_______
At 31 March 2025	-	-
	_______	_______

6. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2025	17,870	17,870
Additions	5,259	5,259
Disposals	( 8,691)	( 8,691)
	_______	_______
At 31 March 2026	14,438	14,438
	_______	_______
Depreciation
At 1 April 2025	12,034	12,034
Charge for the year	1,989	1,989
Disposals	( 7,322)	( 7,322)
	_______	_______
At 31 March 2026	6,701	6,701
	_______	_______
Carrying amount
At 31 March 2026	7,737	7,737
	_______	_______
At 31 March 2025	5,836	5,836
	_______	_______

7. Debtors

	2026	2025
	£	£
Trade debtors	88,712	54,318
Other debtors	51,635	55,470
	_______	_______
	140,347	109,788
	_______	_______

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	51,444	7,939
Corporation tax	6,713	31,083
Social security and other taxes	421,904	482,452
Other creditors	1,356,030	1,249,415
	_______	_______
	1,836,091	1,770,889
	_______	_______

9. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	213,721	213,721
	_______	_______

10. Related party transactions

The Company is run by its members for its members. Apart from members annual fees, which are used to fund the management and administration of the Company, 100% of all rebates negotiated with suppliers pass back to the membership.The amounts due to members at the year end was £1,231,394 (2025: £1,152,020).

11. Members' 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.