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

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 director acknowledges his 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 director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Insulated Tools Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Charlwoods Road, East Grinstead, West Sussex, RH19 2HR.

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 amounts 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.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

At the reporting date the company has net current liabilities of £1,142,324, principally £1,141,512 owed to its subsidiary, Insulated Tools Limited, which is repayable on demand. Insulated Tools Limited has confirmed that it will not seek repayment of this balance, and will continue to meet the company’s costs as they fall due, for at least twelve months from the date of approval of these financial statements. The director therefore considers it appropriate to prepare the financial statements on a going concern basis.

The company does not trade and has no revenue.

Investments in subsidiaries are measured at cost less any accumulated impairment losses. They are 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.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

The company’s financial instruments comprise basic financial liabilities, being amounts owed to group undertakings and accruals. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial liabilities, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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

Details of the company's subsidiaries at 31 March 2026 are as follows:

The company’s immediate and ultimate parent company is Insulated Tools MW Limited, a company incorporated in England and Wales, whose registered office is Charlwoods Road, East Grinstead, West Sussex, RH19 2HR. Insulated Tools MW Limited is exempt from preparing group financial statements, and no group financial statements including the company are prepared.

The ultimate controlling party is Mr M R Wardle, the director, by virtue of his shareholding in Insulated Tools MW Limited.