I S F Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00072126 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 December 2025

for

I S F Group Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S M Bridgwood

J R Bridgwood

I M Bridgwood

M C Iliffe

REGISTERED OFFICE:

I S F Group Ltd

Thurmaston Boulevard

Leicester

Leicestershire

LE4 9HS

REGISTERED NUMBER:

00072126 (England and Wales)

FIXED ASSETS

Intangible assets

4

60,446

-

Tangible assets

5

869,267

700,464

Investments

6

67,848

997,561

768,312

CURRENT ASSETS

Stocks

661,225

645,216

Debtors

7

2,282,115

2,216,351

Cash at bank and in hand

1,362,203

1,007,796

4,305,543

3,869,363

CREDITORS

Amounts falling due within one year

8

1,402,978

1,038,396

NET CURRENT ASSETS

2,902,565

2,830,967

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,900,126

3,599,279

PROVISIONS FOR LIABILITIES

31,043

43,852

NET ASSETS

3,869,083

3,555,427

CAPITAL AND RESERVES

Called up share capital

9

6,100

Retained earnings

3,862,983

3,549,327

SHAREHOLDERS' FUNDS

3,869,083

3,555,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 26 October 2026 and were signed on its behalf by:

I M Bridgwood - Director

1.	STATUTORY INFORMATION

I S F Group 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about I S F Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 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.

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.

Unlisted investments

Unlisted investments are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2024 - 42 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

80,595

At 31 December 2025

80,595

AMORTISATION

Charge for year

20,149

At 31 December 2025

20,149

NET BOOK VALUE

At 31 December 2025

60,446

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

COST

At 1 January 2025

419,968

1,600,453

24,806

Additions

32,726

59,422

-

Disposals

-

At 31 December 2025

452,694

1,659,875

24,806

DEPRECIATION

At 1 January 2025

63,152

1,454,331

24,806

Charge for year

9,054

51,408

-

Eliminated on disposal

-

At 31 December 2025

72,206

1,505,739

24,806

NET BOOK VALUE

At 31 December 2025

380,488

154,136

-

At 31 December 2024

356,816

146,122

-

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2025

784,515

128,201

2,957,943

Additions

280,969

1,624

374,741

Disposals

(80,394

)

-

(80,394

)

At 31 December 2025

985,090

129,825

3,252,290

DEPRECIATION

At 1 January 2025

586,989

128,201

2,257,479

Charge for year

138,646

406

199,514

Eliminated on disposal

(73,970

)

-

(73,970

)

At 31 December 2025

651,665

128,607

2,383,023

NET BOOK VALUE

At 31 December 2025

333,425

1,218

869,267

At 31 December 2024

197,526

-

700,464

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST

At 1 January 2025

and 31 December 2025

108

67,740

67,848

NET BOOK VALUE

At 31 December 2025

108

67,740

67,848

At 31 December 2024

108

67,740

67,848

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

1,280,389

956,001

Amounts owed by group undertakings

546,180

448,837

Other debtors

234,294

614,923

Directors' current accounts

-

20,000

Tax

3,410

54,936

Prepayments and accrued income

217,842

121,654

2,282,115

2,216,351

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

1,130,922

760,832

Amounts owed to group undertakings

379

6,132

Corporation tax

28,173

44,870

Social security and other taxes

20,567

38,990

VAT

102,342

170,122

Directors' current accounts

35,345

-

Accruals and deferred income

85,250

17,450

1,402,978

1,038,396

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

5,992

Ordinary A

£1

5,992

100

Ordinary B

£1

100

8

Ordinary C

£1

8

6,100

10.	OTHER FINANCIAL COMMITMENTS

At the reporting end date the company had outstanding commitments for the future minium lease payments under non-cancelling operating leases as £776,742 (2024 - £866,000).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

M C Iliffe

Balance outstanding at start of year

20,000

50,000

Amounts repaid

(20,000

)

(30,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

20,000

The above loan is interest free and repayable on demand.