REGISTERED NUMBER: 07682824 (England and Wales)

IAN BAUMBER TARPAULINS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

I L Baumber

REGISTERED OFFICE:

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

BUSINESS ADDRESS:

Ian Baumber Tarpaulins Limited

Unit 1 Commercial Court

Pride Parkway

Sleaford

Lincolnshire

NG34 8GL

REGISTERED NUMBER:

07682824 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

FIXED ASSETS

Tangible assets

4

461,239

456,937

CURRENT ASSETS

Stocks

10,788

12,619

Debtors

5

65,226

54,144

Cash at bank and in hand

109,232

132,637

185,246

199,400

CREDITORS

Amounts falling due within one year

6

90,690

71,567

NET CURRENT ASSETS

94,556

127,833

TOTAL ASSETS LESS CURRENT LIABILITIES

555,795

584,770

CREDITORS

Amounts falling due after more than one year

7

(57,195

)

(100,642

)

PROVISIONS FOR LIABILITIES

(54,044

)

(51,596

)

NET ASSETS

444,556

432,532

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

129,963

129,963

Retained earnings

314,493

302,469

SHAREHOLDERS' FUNDS

444,556

432,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2026 and were signed by:

I L Baumber - Director

1.	STATUTORY INFORMATION

Ian Baumber Tarpaulins 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Provision is made against unbilled amounts on those contracts where the right to receive payment is contingent on factors outside the control of the company. Unbilled revenue is included in debtors.

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

-

33% on cost, 15% on reducing balance, 10% on cost and 10% on reducing balance

Tangible fixed assets are held at cost less depreciation.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 July 2025

250,000

403,919

653,919

Additions

-

52,617

52,617

Disposals

-

(48,899

)

(48,899

)

At 30 June 2026

250,000

407,637

657,637

DEPRECIATION

At 1 July 2025

20,000

176,982

196,982

Charge for year

5,000

29,990

34,990

Eliminated on disposal

-

(35,574

)

(35,574

)

At 30 June 2026

25,000

171,398

196,398

NET BOOK VALUE

At 30 June 2026

225,000

236,239

461,239

At 30 June 2025

230,000

226,937

456,937

Cost or valuation at 30 June 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2022

116,625

-

116,625

Cost

133,375

407,637

541,012

250,000

407,637

657,637

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

Plant and

machinery

etc

£

COST OR VALUATION

At 1 July 2025

88,267

Additions

48,995

At 30 June 2026

137,262

DEPRECIATION

At 1 July 2025

14,027

Charge for year

12,324

At 30 June 2026

26,351

NET BOOK VALUE

At 30 June 2026

110,911

At 30 June 2025

74,240

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

34,015

29,450

Other debtors

31,211

24,694

65,226

54,144

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

1,388

Hire purchase contracts

45,735

6,673

Trade creditors

12,184

49,634

Taxation and social security

28,980

10,468

Other creditors

3,791

3,404

90,690

71,567

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

46,208

Hire purchase contracts

57,195

54,434

57,195

100,642

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

40,657

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

-

47,596

Hire purchase contracts

102,930

61,107

102,930

108,703

The bank loan is secured on the land and buildings of the company.

The hire purchase liabilities are secured on the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2026 and 30 June 2025:

2026

2025

£

£

I L Baumber

Balance outstanding at start of year

18,734

17,846

Amounts advanced

63,885

52,440

Amounts repaid

(55,562

)

(51,552

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,057

18,734

The amounts outstanding are unsecured and repayable on demand.

Interest is charged at the HMRC official rate.