REGISTERED NUMBER: 03806987 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Industrial Freezer Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M McNamara

Mrs K A McNamara

M N Howell

REGISTERED OFFICE:

Unit 3 Manby Road

South Killingholme

Immingham

North East Lincs

DN40 3DX

REGISTERED NUMBER:

03806987 (England and Wales)

FIXED ASSETS

Tangible assets

4

285,760

116,329

CURRENT ASSETS

Stocks

24,761

-

Debtors

5

1,644,215

1,550,806

Cash at bank and in hand

358,549

163,708

2,027,525

1,714,514

CREDITORS

Amounts falling due within one year

6

1,013,239

731,057

NET CURRENT ASSETS

1,014,286

983,457

TOTAL ASSETS LESS CURRENT LIABILITIES

1,300,046

1,099,786

CREDITORS

Amounts falling due after more than one year

7

(107,777

)

(68,063

)

PROVISIONS FOR LIABILITIES

(47,211

)

(24,954

)

NET ASSETS

1,145,058

1,006,769

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,144,958

1,006,669

SHAREHOLDERS' FUNDS

1,145,058

1,006,769

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

M McNamara - Director

1.	STATUTORY INFORMATION

Industrial Freezer Services 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

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 stocks.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2025 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

206,731

Additions

246,352

At 31 March 2026

453,083

DEPRECIATION

At 1 April 2025

90,402

Charge for year

76,921

At 31 March 2026

167,323

NET BOOK VALUE

At 31 March 2026

285,760

At 31 March 2025

116,329

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

91,580

Transfer to ownership

64,480

At 31 March 2026

156,060

DEPRECIATION

At 1 April 2025

36,033

Charge for year

42,309

Transfer to ownership

33,584

At 31 March 2026

111,926

NET BOOK VALUE

At 31 March 2026

44,134

At 31 March 2025

55,547

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

1,511,255

1,210,277

Other debtors

132,960

340,529

1,644,215

1,550,806

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

37,059

29,757

Trade creditors

707,427

474,483

Taxation and social security

228,562

185,084

Other creditors

40,191

41,733

1,013,239

731,057

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

107,777

68,063

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

144,836

97,820

Net obligations under hire purchase contracts are secured on the assets being acquired.

9.	RELATED PARTY DISCLOSURES

31.3.26

31.3.25

£

£

Sales made during the year with related companies

449,167

1,578,277

Purchases bought during the year with related companies

29,423

333,082

Related party balances included in other debtors

11,000

234,000

Related party balances included in trade debtors

161,211

188,473

Related party balances included in trade creditors

356,500

333,082

All of these transactions have been conducted on commercial terms. The related parties are all companies which are under the same common control. The company has taken advantage of the exemption not to disclose transactions with 100% owned group companies.