REGISTERED NUMBER: 04411106 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

INDUSTRIAL ENGINEERING SUPPLIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D B Golding

REGISTERED OFFICE:

Unit T3 Rudford Industrial Estat

Ford Road

Ford Arundel

West Sussex

BN18 0BS

REGISTERED NUMBER:

04411106 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Tangible assets

4

64,923

71,967

CURRENT ASSETS

Stocks

113,176

114,635

Debtors

5

85,048

73,107

Cash at bank and in hand

101,344

85,076

299,568

272,818

CREDITORS

Amounts falling due within one year

6

115,409

128,042

NET CURRENT ASSETS

184,159

144,776

TOTAL ASSETS LESS CURRENT LIABILITIES

249,082

216,743

CREDITORS

Amounts falling due after more than one year

7

(1,667

)

-

PROVISIONS FOR LIABILITIES

(5,057

)

(5,374

)

NET ASSETS

242,358

211,369

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

242,257

211,268

242,358

211,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 13 October 2025 and were signed by:

D B Golding - Director

1.	STATUTORY INFORMATION

Industrial Engineering Supplies Ltd 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 presentational currency of the financial statements is the Pound Sterling (£) which is rounded to the nearest whole pound (£).

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 represents income generated from the sale of industrial supplies, net of value added tax. Revenue is recognised at the point when control of the goods transfers to the customer, or at the point of sale.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost less accumulated depreciation and impairment. Depreciation on tangible fixed assets is provided at the following annual rates in order to write off each asset over its estimated useful life:

Freehold property

-

5% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on cost

Stocks

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

Financial instruments

Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 section 11. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

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 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.

Leasing commitments

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

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

148,350

89,751

238,101

Additions

2,054

3,864

5,918

At 30 April 2025

150,404

93,615

244,019

DEPRECIATION

At 1 May 2024

99,038

67,096

166,134

Charge for year

7,418

5,544

12,962

At 30 April 2025

106,456

72,640

179,096

NET BOOK VALUE

At 30 April 2025

43,948

20,975

64,923

At 30 April 2024

49,312

22,655

71,967

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

72,659

73,107

Other debtors

12,389

-

85,048

73,107

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

10,000

21,667

Trade creditors

41,353

62,808

Taxation and social security

44,042

28,567

Other creditors

20,014

15,000

115,409

128,042

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

1,667

-

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

21,667

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,667

-

9.	POST BALANCE SHEET EVENTS

After the balance sheet date, the company completed on the purchase of a property. The finance obtained to support the purchase is secured over the property, including a fixed and floating charge.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year £10,525 (2024: £Nil) was advanced to the director and is outstanding at the balance sheet date. The loan is repayable on demand, and interest has been charged on the loan at the HMRC official rate.