Toddington Industrial Coatings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06046413 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

TODDINGTON INDUSTRIAL COATINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Cook

K B Mc Murray

SECRETARY:

K B McMurray

REGISTERED OFFICE:

3 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

BUSINESS ADDRESS:

39 The Nurseries

Eaton Bray

Bedfordshire

LU6 2AX

REGISTERED NUMBER:

06046413 (England and Wales)

FIXED ASSETS

Tangible assets

4

17,824

4,526

CURRENT ASSETS

Stocks

1,875

Debtors

5

53,545

44,271

Cash at bank and in hand

59,434

31,528

114,854

77,674

CREDITORS

Amounts falling due within one year

6

(50,776

)

(34,794

)

NET CURRENT ASSETS

64,078

42,880

TOTAL ASSETS LESS CURRENT
LIABILITIES

81,902

47,406

CREDITORS

Amounts falling due after more than one
year

7

(13,765

)

-

NET ASSETS

68,137

47,406

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

68,135

47,404

SHAREHOLDERS' FUNDS

68,137

47,406

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 23 October 2026 and were signed on its behalf by:

P Cook - Director

K B Mc Murray - Director

1.	STATUTORY INFORMATION

Toddington Industrial Coatings 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.

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

Tangible fixed assets are stated at cost less depreciation. Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. It is calculated at the following rates:

Plant and machinery - 25% on reducing balance

Fixtures and fittings - 25% on reducing balance

Motor vehicles - 25% on reducing balance

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 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.

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 4 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 February 2025

2,912

3,662

12,017

18,591

Additions

-

16,667

Disposals

-

(3,667

)

(3,667

)

At 31 January 2026

2,912

3,662

25,017

31,591

DEPRECIATION

At 1 February 2025

2,764

3,013

8,288

14,065

Charge for year

37

162

2,963

3,162

Eliminated on disposal

-

(3,460

)

(3,460

)

At 31 January 2026

2,801

3,175

7,791

13,767

NET BOOK VALUE

At 31 January 2026

111

487

17,226

17,824

At 31 January 2025

148

649

3,729

4,526

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

Motor

vehicles

£

COST

Additions

16,667

At 31 January 2026

16,667

DEPRECIATION

Charge for year

2,083

At 31 January 2026

2,083

NET BOOK VALUE

At 31 January 2026

14,584

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

27,392

29,335

Other debtors

18,795

7,039

VAT

3,361

2,978

Prepayments

3,997

4,919

53,545

44,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Hire purchase contracts

2,934

-

Trade creditors

1,418

9,196

Tax

31,870

15,322

Other creditors

374

460

Directors' current accounts

12,945

8,616

Accrued expenses

1,235

1,200

50,776

34,794

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts

13,765

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

1

2